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You are here: Home / Archives for Insurance Auto Auctions

IAA Expands Two Louisiana Locations to Bolster CAT Preparedness

June 1, 2022 By CollisionWeek Editor

Two locations in hurricane-prone region converted to permanent CAT yards. IAA, Inc. (NYSE:IAA) announced the expansions of the Crowley and Scott CAT yards near Lafayette, La. These full-term conversions of CAT yards into permanent facilities support IAA’s long-term capacity strategy in this hurricane-prone region. “IAA’s continued investment in hurricane-prone areas, like southern Louisiana, helps to […]

Filed Under: News Tagged With: Insurance Auto Auctions, Louisiana, Openings

IAA Expands and Relocates Its UK Head Office

May 25, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE:IAA) announced that its UK-based business unit is relocating and expanding its southern UK head office in order to meet the demands of both current and new customers. The current office, IAA House, will be retained as an expanded Customer Service center. “The expansion and relocation of our southern UK head office demonstrates […]

Filed Under: News Tagged With: Insurance Auto Auctions, Openings, United Kingdom

IAA Appoints Michael Sieger to Board of Directors

April 29, 2022 By CollisionWeek Editor

Board forms operations committee. IAA, Inc. (NYSE:IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it has appointed Michael Sieger to its Board of Directors, effective immediately as of the conclusion of the Company’s 2022 annual meeting of stockholders. As a result of the appointment, IAA’s Board will expand to 10 […]

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

IAA Expands Branch in Central California

April 19, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the expansion of the IAA Fresno (CA) branch. This investment increases the branch’s capacity by over 50% to support additional client needs in the area. The San Joaquin Valley is a key market, and this expansion further solidifies IAA’s commitment to its buyer and seller clients. “Expanding the IAA Fresno […]

Filed Under: News Tagged With: California, Insurance Auto Auctions, Openings

IAA Expands Illinois and Iowa Branches

March 30, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the expansion of branches in Iowa and Illinois. Capacity has doubled at the IAA Des Moines (Iowa) branch and IAA St. Louis (Ill.) has increased capacity by approximately 30%. The expansions will help to meet increased demand in the growing Midwestern market. “The branch expansions in Illinois and Iowa will […]

Filed Under: News Tagged With: Illinois, Insurance Auto Auctions, Iowa, Openings

IAA Announces New Global Market Alliance Auction Center in Ghana

March 21, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced a new market alliance agreement with Boacon Autos in the country of Ghana. A new IAA Auction Center there will complement the existing location in Lagos, Nigeria. Staff at these physical centers will help buyers learn about IAA and submit bids, as well as receive assistance with transportation, shipping, custom […]

Filed Under: News Tagged With: Africa, Ghana, Insurance Auto Auctions, Openings

Investor Calls for Leadership Change at IAA, Inc.

March 16, 2022 By CollisionWeek Editor

Ancora letter to IAA’s Board of Directors asserts new senior leadership is needed for the company to grow or the company should be sold. Ancora Holdings Group, LLC that together with affiliates owns approximately 2% of IAA, Inc. (NYSE: IAA) outstanding common stock has called for new leadership at the auction firm, or failing that, […]

Filed Under: News Tagged With: Ancora Holdings, Insurance Auto Auctions

IAA Expands Market Alliance Network in El Salvador

March 15, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced that it has expanded its market alliance network in El Salvador with Trans-Auto S.A. de C.V. This business will operate an IAA Auction Center in the center of the capital city, San Salvador. They will help buyers in the area register with IAA, bid on and pay for vehicles, transport, […]

Filed Under: News Tagged With: Agreements Signed, El Salvador, Insurance Auto Auctions, Openings

IAA Receives Final UK Regulatory Approval of SYNETIQ Acquisition

March 3, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) today announced that the UK’s Competition and Markets Authority (CMA) has cleared IAA’s acquisition of SYNETIQ Ltd., an integrated salvage and vehicle dismantling company in the United Kingdom, for £225 million ($301 million). The businesses were previously required to be held separate under an initial enforcement order (IEO) issued by the […]

Filed Under: News Tagged With: Acquisitions, Insurance Auto Auctions, United Kingdom

IAA Expands Branch and Breaks Ground on New Branch in California

February 25, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced that it has completed a branch expansion at IAA Fontana and has broken ground on a new branch to meet growing demand in Southern California. The new IAA Los Angeles North branch will offer state-of-the-art facilities to support increased customer capacity needs.  “This expansion and new branch will bring needed […]

Filed Under: News Tagged With: California, Insurance Auto Auctions, Openings

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