WESTCHESTER, Ill. – July 31, 2017 – Insurance Auto Auctions, Inc. (IAA), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services (NYSE: KAR), announced the completed construction of a new facility in Hudson, Florida —approximately 45 miles north of Tampa. The newly constructed facility expands IAA’s footprint in the Florida market and enhances its catastrophic event response services capabilities. The 40-acre branch containing a 9,000-square-foot office space is the 11th IAA facility in the state of Florida.

“IAA is committed to continuously improving the customer experience. So, we are investing in constructing, expanding and modernizing our facilities to meet their needs,” said John Kett, CEO and president of IAA. “Tampa is one of the fastest growing metro areas in the U.S., and this expansion into the North Tampa market will help us continue to provide superior customer service in an updated auction environment to our Florida customers.”

The brand-new facility also incorporates the latest security camera technology for maximum protection of customer assets. The newly opened IAA North Tampa branch will begin hosting auctions in early September. Auctions will be on Thursdays, with preview days held every Wednesday. Please check IAAI.com for hours of operation.

Media Inquiries:

Jeanene O’Brien SVP, Global Marketing and Communications

(708) 492-7328

jobrien@iaai.com

Analyst Inquiries:

Caitlin Churchill

ICR

(203) 682-8200

investors@iaai.com

About IAA, Inc.

IAA, Inc. (NYSE: IAA) is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes more than 2.5 million vehicles annually. Headquartered near Chicago, IL, IAA has over 3,600 talented employees and over 190 facilities throughout the US, Canada and the United Kingdom. IAA provides 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 with a focus on delivering the highest economic returns. Buyers have access to the industry’s most-innovative vehicle evaluation and digital bidding tools, enhancing the overall purchasing experience.


Uncertainties Affecting Forward-Looking Statements

Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and which are subject to certain risks, trends and uncertainties. In particular, statements made that are not historical facts may be forward-looking statements. Words such as “should,” “may,” “will,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions identify forward-looking statements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Such forward-looking statements include the statements regarding IAA’s future financial and operating performance, benefits and synergies of the separation, strategic and competitive advantages, future opportunities and any other statements regarding events or developments that IAA believes or anticipates will or may occur in the future. We disclaim any obligation or undertaking to update any forward-looking statements. For further discussion of such risks and uncertainties, see “Information Statement Summary,” “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in the information statement filed as an exhibit to IAA’s Registration Statement on Form 10, as amended.