Insurance Auto Auctions Expands Presence In Tulsa And Des Moines Areas

WESTCHESTER, Ill., Dec. 16, 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 two branches in Tulsa, Oklahoma, and Des Moines, Iowa. Both locations add to IAA's capacity to service customers in key markets and demonstrate IAA's continued commitment to providing buyers and sellers with greater convenience and access to increased inventory.

"IAA continues to strategically expand locations to better service our buyers and sellers," said John Kett, CEO and president, Insurance Auto Auctions, Inc. "The Tulsa location opened earlier this year to support our business growth in the region; we are excited to add capacity that supports growing demand in both Oklahoma and Iowa, which are two key markets for us."

IAA's Tulsa facility is located at 5311 W 46th Street S and will now utilize 24 acres with additional expansion opportunities. There is a fully-functioning auction facility that includes a 10,000 square foot building, and recycled asphalt was used for the top surface of the outside vehicle storage area in keeping with IAA's environmentally responsible culture. The Des Moines branch, located at 3277 Ute Ave. in nearby Waukee, Iowa, will now occupy 24 acres.

Preview and auction times vary for each of IAA's facilities. For more information, call the IAA Tulsa branch at 918-445-4691 and the IAA Des Moines branch at 515-987-1700, 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.

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SOURCE Insurance Auto Auctions, Inc.

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