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IAA Launches Seller Portal and VISion Salvage Management in the UK

IAA launches new technology platform providing automation and reducing cycle time for salvage management in the UK

 

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IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announced that its UK-based business unit has completed the roll-out of IAA Seller Portal™ and VISion™ salvage management, both customised for the UK market.  

The new technology provides sellers with real-time administration of their total loss vehicle portfolio and significantly reduces overall claim cycle time.  

Steve Hankins, UK Managing Director for IAA said: 

“IAA Seller Portal and VISion have completely streamlined the salvage vehicle management process here in the UK.” He added: “By automating and accelerating vehicle management activities and workflows, Seller Portal delivers improved service and streamlined claims workflow.”

IAA’s launch of Seller Portal was the first of a two-phased technology roll-out in the UK.

The new management system includes the following key features:

  • Fully customisable dashboard
  • Improved user interface designed from initial instruction to sale and payment
  • New flexible vehicle asset search  
  • Dynamic data exchange and document upload
  • Smart, intuitive reporting filters
  • Enhanced market guide

In 2014 Seller Portal™ was initially launched in Canada and was well received by insurers, contributing significantly to IAA’s success and continued growth within the market.  Functionality was further enhanced in 2018, and Seller Portal has now been fully optimised for the UK market.

Upgrading the technology platform reflects IAA’s overall commitment to the UK market, customers and team.  

To learn more about Seller Portal visit: www.iaaiuk.co.uk

About IAA

IAA, Inc. (NYSE: IAA) is a leading global digital marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes approximately 2.5 million total-loss, damaged and low-value vehicles annually.  

Headquartered near Chicago in Westchester, Illinois, USA, IAA has nearly 4,000 talented employees and more than 200 facilities throughout the U.S., Canada and the United Kingdom.  

IAA serves a rapidly growing global buyer base – located throughout over 135 countries – and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organisations. Buyers have access to innovative vehicle merchandising, efficient evaluation services and digital bidding tools, enhancing the overall purchasing experience. 

IAA offers sellers a comprehensive suite of services aimed at maximising vehicle value, reducing administrative costs, shortening selling cycle time and delivering the highest economic returns.   

For more information on IAA in the U.S. visit IAAI.com, and for more information about IAA in the UK visit IAAIUK.co.uk

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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