nsurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced its IAA Loss Advisor tool. The tool enables insurance claims staff to quickly generate an early total loss recommendation based on information they provide regarding the post-accident condition of the vehicle combined with the ACV (actual cash value) and IAA salvage vehicle market value data.
Loss Advisor is the latest advancement in the IAA Total Loss Solutions suite of products that ultimately leads to increased management of costs, as well as an enhancement in customer satisfaction and retention.
“The Loss Advisor tool uses insurance company and
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