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TheStreet Open House

Insurance Auto Auctions Recognized By Enterprise Holdings For Service

WESTCHESTER, Ill., Nov. 12, 2013 /PRNewswire/ -- Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced that its Dallas/Fort Worth, TX facility received the Enterprise Holdings 2013 Auction Achievement Award in the Damaged Vehicle category.

"We are excited to receive this award from an industry partner such as Enterprise Holdings in acknowledgement of our work," said John Kett, president of Insurance Auto Auctions. "We take great pride in our staff and their outstanding contributions which make this award possible. Enterprise has a high bar for others to follow and we are honored to be recognized for our efforts in providing Enterprise with the best value possible."

Enterprise Holdings, which operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, recognizes auctions across the U.S. for their excellence in strategic planning, communication, operational success, customer service, marketing and reconditioning. The awards are presented in two categories: whole car auctions and damaged vehicle auctions. This marks the second year in a row that IAA has received noteworthy recognition from Enterprise Holdings for achievements of its branches in the Dallas/Fort Worth area.

IAA had previously increased its footprint to a total of 12 IAA auction locations in the state of Texas, giving providers more locations to sell their vehicles and global buyers more cars on which to bid and win.

About Insurance Auto Auctions, Inc.

Insurance Auto Auctions is the leading live and live-online salvage vehicle auction company and a wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR). Headquartered in Westchester, Illinois, IAA has over 160 auction facilities throughout North America offering towing, financing and titling services. With the most auction facilities in North America, IAA provides registered buyers from around the globe with millions of opportunities to bid on and purchase donated and salvaged vehicles. Since 1982, IAA has sold millions of vehicles through its weekly auctions for insurance companies, fleet and rental companies, financing companies, charity organizations and the general public. IAA also leverages its business model to assist charitable organizations in the US through its One Car One Difference® campaign. To date IAA has provided millions of dollars in additional funding to charities by assisting in the processing of donated vehicles. Learn how we are making a difference by visiting www.1car1difference.com. With a talented team of over 2,000 employees, IAA is committed to providing customers with the highest level of services in the salvage auto industry. Go to www.IAA-Auctions.com to learn more, and follow IAA on Facebook and Twitter.

SOURCE Insurance Auto Auctions, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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