Exciting news! IAA is a finalist for the 2021 Insurance Times Awards within the Excellence in Technology – Service Provider (Motor) category. A panel of insurance industry representatives judged IAA’s submission, IAA Interact™: Transforming the Remarketing of Total-Loss Vehicles Through Technology.
Interact is the industry’s first comprehensive merchandising platform that combines extensive imagery and information to build buyer trust, create a more competitive bidding environment, and provide higher proceeds for UK motor insurers. IAA is extremely proud of the successful launch of Interact, the great response from customers, and the recognition that comes from being shortlisted for an Insurance Times Award. With Interact, the IAA AuctionNow™ digital auction platform, and IAA’s global buyer base, IAA is transforming salvage remarketing in the UK.
Interact uses industry-exclusive innovations that digitally engage vehicle buyers to deliver the details they need to make confident online bidding and buying decisions. Examples of that technology include interior/exterior panoramic video using IAA 360 View™, high-definition photos, IAA Engine Starts™ video, and IAA Key Image™. Interact’s technology mirrors the experience of being physically present with a vehicle, which is so critical in our increasingly digital world and has only been accelerated by COVID.
In October, IAA representatives will present to a panel of 3-4 insurance industry professionals and a senior member of the Insurance Times team as part of stage two judging. The Insurance Times will announce winners on December 9th at the Grosvenor House Hotel on London’s Park Lane.