Independent Automotive Damage Appraisers Association (IADA) Signs National Agreement with Audatex North America, Inc.
27 Apr 2009
5-Year Contract Covers Independent Appraisers Network Across U.S.
SAN DIEGO, CA (April 27, 2009) - Audatex North America, Inc., a leading provider of software and services for the automotive claims processing industry, today announced that it has signed a five-year agreement with the Independent Automotive Damage Appraisers Association (IADA).
The IADA has more than 600 service locations serving the U.S. market and more than 400 automobile insurance providers.
Under the agreement, independent appraisers with the IADA will continue to rely on Audatex software to assess vehicle damage and provide unbiased repair estimates for collision repair facilities and automobile insurers. Financial terms were not disclosed. IADA independent appraisers use Audatex solutions to evaluate auto damage and provide estimates for automobile insurers and the collision repair facilities that will perform the necessary work on the vehicle. IADA independent appraisers also receive assignments via Audatex software.
“The contract renewal with IADA reflects ongoing industry confidence in Audatex solutions that deliver the most accurate information to our customers,” said John Kotsopoulos, Managing Director for Audatex North America. “Throughout 2008 and 2009 Audatex has remained laser focused on building intelligent, innovative solutions that enable the market to operate more effectively and efficiently. We’re pleased that IADA, along with our other valued clients, have recognized the advantage Audatex can provide to their businesses.”
“We at IADA are pleased to continue our long-term relationship with Audatex, said John Williams, Executive Vice President for IADA. “Audatex software provides our members with a product to use educational skills gained through I-CAR® and other technical seminars IADA continues to promote at both national and regional events.”
Audatex in 2009 has introduced a number of industry firsts, including:
- AudaStation – the dedicated hardware estimatics solution
- AudaUpdate – the fastest way to get parts price and labor time updates
- Lean Six Sigma for Collision Repair – the easy-to-access Lean training course
This summer, Audatex will unveil “intelligent” graphics as part of its flagship Audatex Estimating product. The three-dimensional color images that can be rotated on the computer screen are aimed to further improve auto claims and collision repair accuracy through the latest available technology. Audatex is developing the upgraded graphics through its global network of partners and five database development centers.To learn more about Audatex insurance, collision repair and recycling solutions, please visit www.audatex.us.
About Audatex North America, Inc.
Audatex is the leading global claims solutions provider serving the automotive industry. Active today across six continents, Audatex provides world-class claims solutions that help customers automate their processes; managing millions of claims each year efficiently and effectively, and resolving billions in claims settlements. Beyond a leading presence in automotive claims, our growing footprint also extends into the property, automotive related financial services and medical claims solutions markets. As part of the Solera group of companies, Audatex, Sidexa, Informex, ABZ, Hollander and IMS draw on unique global experience to develop and deliver the latest technologies, market intelligence and best practices on a local level. For more information, please refer to the Company's website at www.audatex.us.
About IADA
Independent Automotive Damage Appraisers, known throughout the appraisal realm simply as IADA, is an association committed to implementing the latest technologies to continue to reduce the cost of vehicle repairs. The not-for-profit organization deploys a national network of appraisal specialists to not only improve the accuracy of total loss or lease-end settlement information, but also keep carriers from overpaying for needless repairs.
About Audatex North America, Inc.
Audatex is the leading global claims solutions provider serving the
automotive industry. Active today across six continents, Audatex
provides world-class claims solutions that help customers automate
their processes; managing millions of claims each year efficiently and
effectively, and resolving billions in claims settlements. Beyond a
leading presence in automotive claims, our growing footprint also
extends into the automotive related financial services and
medical claims solutions markets. As part of the Solera group of
companies, Audatex, Sidexa, Informex, ABZ, Hollander and IMS draw on
unique global experience to develop and deliver the latest
technologies, market intelligence and best practices on a local level.
For more information, please refer to the Company's website at www.audatex.us.
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