Insurance Auto Auctions Expands Omaha Facility

WESTCHESTER, Ill., Aug. 14, 2014 /PRNewswire/ -- Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), and the leading live and live-online salvage auto auction company, today announced the expansion of its IAA Omaha branch located in Springfield, Nebraska, approximately 7.5 miles from Omaha. The expansion adds approximately 11 acres, providing access to increased inventory and greater conveniences to both buyers and sellers in addition to meeting the demands for extensive Catastrophe (CAT) services.

The IAA Omaha branch will now have approximately 30 total acres dedicated to Omaha and the surrounding regions. The facility features covered storage for specialty vehicles and dual auction lanes for Run and Drive vehicles. The expansion is driven by growing volume and the continued need for CAT services in the wake of natural disasters in the area such as tornadoes, severe storms, hail and floods.

"We remain committed to enhancing IAA's services across North America to ensure we're delivering the best experience to our customers, which is why and we are pleased to build a larger facility in Nebraska," said John Kett, CEO and President at IAA. "The additional acreage services the growth in the region, and allows us to offer more capacity to those areas requiring CAT services – historically a critical need for the region."

The facility is located at 14749 Meredythe Plz., Springfield, NE 68059, west of Omaha on I-80, exit 400 and South on Hwy 50. Preview and auction times vary for each of IAA's facilities. For more information, call the IAA Omaha branch at 402-733-2424, or go to IAA's branch Information page at www.iaai.com.

About Insurance Auto Auctions, Inc.

Insurance Auto Auctions is the leading live and live-online salvage vehicle auction company and a business unit of KAR Auction Services (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