Mr. Matt Ackley reports

EXPEDITE THE TOTAL LOSS PROCESS WITH IAA'S NEW GUIDEWIRE MARKETPLACE APPS

Guidewire and IAA Holdings LLC, an RB Global Inc. company, have noted that IAA's new Ready for Guidewire validated accelerators are now available to Guidewire ClaimCenter users in the Guidewire Marketplace.

IAA is a leading global marketplace for total loss, damaged and low-value vehicles, with solutions focused on maximizing the vehicle's values and shortening the selling cycle over all. Now, IAA Loan Payoff and salvage inventory processing can be integrated with ClaimCenter to help reduce claim cycle times and costs.

With the IAA Loan Payoff accelerator, insurers can create a new IAA Loan Payoff request, exchange documents and notes with lenders, and accept letters of guarantee within ClaimCenter. The IAA Salvage accelerator enables insurers to assign and release a vehicle to salvage, manage documents, obtain visibility into a sale, and view vehicle images. Both accelerators allow users to easily access status updates, make updates to information, and cancel an assignment or request, all within ClaimCenter.

"The total loss process can be a tedious and frustrating process for everybody involved, so we set out to find a better way," said Matt Ackley, chief digital officer, RB Global. "Our solutions, marketplace and, now, Guidewire apps, help insurers optimize many aspects of the process to make it as efficient and painless as possible."

"We congratulate IAA on the release of its new ClaimCenter apps," said Will Murphy, vice-president, global solution alliances, Guidewire. "Both of IAA's apps will help our shared customers quickly manage the total loss process end-to-end without ever having to leave ClaimCenter, increasing efficiency and allowing insurers to focus on the claimant."

About IAA Holdings LLC

IAA, an RB Global Inc. company, is a trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles. Leveraging leading-edge technology and focusing on innovation, IAA's unique platform facilitates the marketing and sale of total-loss, damaged and low-value vehicles. IAA serves a global buyer base -- located throughout over 170 countries -- and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organizations. Buyers have access to multiple digital bidding and buying channels, innovative vehicle merchandising, and efficient evaluation services, enhancing the overall purchasing experience. IAA offers sellers a comprehensive suite of services aimed at maximizing vehicle value, reducing administrative costs, shortening selling cycle time and delivering the highest economic returns. RB Global has over 7,000 employees and is headquartered near Chicago in Westchester, Ill.