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You are here: Home / Archives for Insurance Auto Auctions

RB Global Restructures Leadership, Names New Marketplace Heads

August 13, 2025 By CollisionWeek Editor Leave a Comment

RB Global Inc. (NYSE: RBA), the parent of IAA, announced a leadership restructuring effective September 1, creating specialized marketplace teams and centralizing enterprise functions as several executives prepare for retirement. The company said the changes are designed to accelerate growth and improve operational efficiency across its auction and marketplace platforms. “Since becoming CEO, I’ve been […]

Filed Under: News Tagged With: Insurance Auto Auctions, People, RB Global

IAA Expands to Azerbaijan Through New Market Alliance

July 14, 2025 By CollisionWeek Editor

RB Global Inc. (NYSE: RBA) (TSX: RBA) announced its IAA subsidiary has formed a market alliance with CarGo Logistic Azerbaijan to operate an auction center in the country. The alliance aims to expand both companies’ reach in Azerbaijan by connecting regional buyers with IAA’s auction system. CarGo Logistic Azerbaijan will offer on-ground support to customers […]

Filed Under: News Tagged With: Agreements Signed, Azerbaijan, Insurance Auto Auctions

IAA Expands to Panama Through Market Alliance

June 30, 2025 By CollisionWeek Editor

RB Global Inc. (NYSE: RBA) announced its Insurance Auto Auctions (IAA) unit has formed a market alliance with Moto Leader Group International to establish an auction center in Panama. The partnership will allow MLG International to operate an IAA auction center, providing local services to buyers who want to browse and bid on vehicle inventory. […]

Filed Under: News Tagged With: Agreements Signed, Central America, Insurance Auto Auctions, Panama

LKQ Corporation and IAA’s SYNETIQ Announce Strategic European Joint Venture

June 24, 2025 By CollisionWeek Editor

Venture a key step in Europe-wide vehicle recycled parts strategy. LKQ Corporation (NASDAQ: LKQ), today announced that LKQ Europe has entered into a joint venture with SYNETIQ Ltd., an IAA company. LKQ Europe is the leading distributor of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. SYNETIQ is one of the […]

Filed Under: News Tagged With: Agreements Signed, Europe, Insurance Auto Auctions, LKQ Corporation

IAA Establishes New Market Alliance in the United Arab Emirates

April 1, 2025 By CollisionWeek Editor

IAA, a division of RB Global, Inc., announced a new Market Alliance with Nejoum Al Jazeera in the United Arab Emirates (UAE). This strategic partnership aims to expand IAA’s customer base and increase the visibility of its available vehicles in the Middle East region. The new auction center will provide local services and support for […]

Filed Under: News Tagged With: Agreements Signed, Insurance Auto Auctions, United Arab Emirates

IAA Announces New Market Alliance in Oman

November 21, 2024 By CollisionWeek Editor

RB Global, Inc. (NYSE: RBA) (TSX: RBA) announced that IAA has launched a new Market Alliance with North America Trading L.L.C. in the country of Oman. Through this agreement, IAA will open auction centers in three cities strategically located throughout Oman by the end of 2025. This strategic alliance reaffirms IAA’s commitment to expanding its […]

Filed Under: News Tagged With: Agreements Signed, Insurance Auto Auctions, Middle East, Oman

Progressive’s 12th Annual Keys to Progress Program Donates Nearly 100 Vehicles to Military Families

November 15, 2024 By CollisionWeek Editor

Progressive Insurance announced its 12th annual Keys to Progress® vehicle giveaway event, that took place yesterday, provided 96 veterans with the keys to vehicles that offer dependable transportation, enabling them to get back on the road and progress forward in their lives. Since its launch in 2013, the Keys to Progress program has donated more […]

Filed Under: News Tagged With: Donations, Enterprise Rent-A-Car, Insurance Auto Auctions, Progressive Insurance, Veterans

IAA Announces New Market Alliance in Republic of Georgia

November 15, 2023 By CollisionWeek Editor

RB Global, Inc. (NYSE: RBA) (TSE: RBA) announced that IAA has launched a new Market Alliance with Lion Trans & WHSE LLC in the country of Georgia. The goal of this collaborative relationship is to increase market share of both companies in Georgia, along with increasing global company awareness, broadening the visibility of vehicles, improving […]

Filed Under: News Tagged With: Agreements Signed, Asia, Europe, Insurance Auto Auctions, Lion Trans, Republic of Georgia

Jason Reinwald Named CFO at B&R Auto

November 9, 2023 By CollisionWeek Editor

Ramzi Hermiz and John Kett join the Board of Directors. B&R Auto, the provider of recycled automotive parts and a portfolio company of Highview Capital, LLC, announced the hiring of Jason Reinwald as Chief Financial Officer as well as the appointments of Ramzi Hermiz and John Kett to the Board of Directors (“Board”). Jason Reinwald […]

Filed Under: News Tagged With: B&R Auto Wrecking, Insurance Auto Auctions, People

IAA’s Mark Helvenston Joins SkillsUSA Board of Directors

October 3, 2023 By CollisionWeek Editor

Mark Helvenston, vice president, industry relations and alliance partnerships for IAA, an RB Global company, was recently elected to serve as a business and industry representative on the SkillsUSA Board of Directors. “It is my honor to serve on the SkillsUSA board of directors and take a more influential role in helping to deliver the […]

Filed Under: News Tagged With: Board of Directors, Insurance Auto Auctions, People, SkillsUSA

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