IAA and Snapsheet to reduce claims cycle time
IAA, a marketplace connecting vehicle buyers and sellers, and Snapsheet, a provider of claims management technology and virtual appraisal solutions for insurance carriers, risk managers and TPAs, are now partners. The two combined IAA’s total loss claims and salvage solutions with Snapsheet’s claims management platform to create one solution, from first notice of loss to sale at auction.
The combined offering will automate the exchange of information and the control of activities across all parties – including customers, repairers, tow yards and salvage companies.
“IAA’s integration with Snapsheet’s industry-leading platform aligns perfectly with our focus on leading the industry in innovation that streamlines the total loss claims process for our sellers. Snapsheet’s cloud-based technology intelligently automates workflows in one end-to-end platform, greatly reducing total loss claims processing time.” – John Kett, CEO and president of IAA .
Established in 1982, IAA’s platform processes more than 2.5 million vehicles annually. The company has over 3,600 employees and over 190 facilities throughout the US, Canada and the UK; providing a broad range of services to insurers, fleet and rental companies, rebuilders, charity organizations, and financing companies that “dramatically” reduce the cycle time of selling a vehicle.
“We are thrilled to partner with IAA, a leader in salvage auctions, to provide faster claims processing to the industry. Partnering with IAA advances our commitment to delivering the best claims experience and results to our growing client base.” – Brad Weisberg, CEO and co-founder of Snapsheet .