Insurance Auto Auctions to Market Assurant Solutions' Web-Based Auto Lien Payoff System.WESTCHESTER, Ill. & ATLANTA -- Insurance Auto Auctions, Inc., a leader in automotive total loss and specialty salvage services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , today announced an agreement to market an auto lien payoff system developed by Assurant Solutions to U.S. insurance companies. Assurant Solutions is a leading provider of title administration services, service contracts and debt protection programs to auto lenders and dealers. Its recently introduced Web-based Auto Lien Payoff System, known as ALPS Alps, great mountain system of S central Europe, c.500 mi (800 km) long and c.100 mi (160 km) wide, curving in a great arc from the Riviera coast on the Mediterranean Sea, along the borders of N Italy and adjacent regions of SE France, Switzerland, SW Germany, and (TM), can reduce by as much as two-thirds the amount of time that it takes auto insurers and lenders to process and settle claims on totaled vehicles. Through ALPS, insurers and lenders communicate through a dedicated Website. They can exchange information and move funds electronically, and title delivery is guaranteed. Assurant Solutions said that ALPS was designed for insurance companies with the needs of the auto insurance, auto salvage and auto lender markets in mind. Joe Schuebert, Vice President Title Administration, Assurant Solutions, said, "Insurance Auto Auctions (IAA IAA abbr. indoleacetic acid Noun 1. IAA - a plant hormone promoting elongation of stems and roots indoleacetic acid auxin - a plant hormone that promotes root formation and bud growth 2. ) served as a valued advisor over the last four years in helping Assurant Solutions gain market acceptance for ALPS. It was natural for us to collaborate with them in bringing this solution to insurance companies and the market." Tom O'Brien Tom O’Brien or Thomas O’Brien may refer to:
About Insurance Auto Auctions, Inc. Insurance Auto Auctions, Inc., founded in 1982, a leader in automotive total loss and specialty salvage services in the United States, provides insurance companies with cost-effective, turnkey solutions to process and sell total-loss and recovered-theft vehicles. The Company currently has 95 sites across the United States. Additional information about Insurance Auto Auctions, Inc. is available on the World Wide Web at www.iaai.com Assurant Solutions and Assurant Assurant Solutions businesses develop, underwrite, market and administer specialty insurance, extended service contracts and other risk management solutions through collaborative relationships with leading financial institutions, retailers, automobile dealers, funeral homes, utilities and other entities. With operations in 17 locations, including executive offices in Atlanta, Ga., Assurant Solutions serves clients and their customers in 10 countries throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the Caribbean, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Europe. www.assurantsolutions.com Assurant Solutions is part of Assurant, a premier provider of specialized insurance products and related services in North America and selected international markets. Its four key businesses - Assurant Employee Benefits, Assurant Health, Assurant Solutions and Assurant Specialty Property - partner with clients who are leaders in their industries and who have built leadership positions in a number of specialty insurance market segments worldwide. Assurant, a Fortune 500 company, is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol AIZ AIZ Lake of the Ozarks, Missouri (Lee C. Fine Memorial Airport) AIZ Air Intercept Zone AIZ Anti Imperialistische Zelle(n) (German: Anti-Imperialistic Cell; now defunct terrorist group) . Assurant has over $20 billion in assets and $7 billion in annual revenue. www.assurant.com |
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