Insurance Auto Auctions Appoints CFO

    SCHAUMBURG, Ill., March 26 Insurance Auto Auctions, Inc.
, a leading provider of automotive salvage and claims processing
services in the United States, today announced the appointment of Scott P.
Pettit as the 'Company's new chief financial officer, replacing Steve Green.
    "We are fortunate to have attracted an individual of Scott's caliber as
our new CFO," said Tom O'Brien, chief executive officer.  "As a seasoned
financial executive, he brings a focus on driving shareholder value, enhancing
profitability and effecting fundamental strategic change."
    Pettit, 38, most recently served as senior vice president and chief
financial officer of Corsolutions Medical, Inc., a national provider of
integrated disease management services.  From 1994 to 1998, he served as vice
president and chief financial officer at Globe Glass and Vistar, Inc.  While
there, he was instrumental in executing the merger of Vistar into Safelite,
effectively consolidating the three largest autoglass repair and replacement
companies into one entity.  Prior to that post, Pettit held various financial
and management positions at Globe Glass, Material Sciences Corporation, Morton
Thiokol, Inc. and Ernst & Whinney.
    Pettit received a Masters in Management in 1990 from the J.L. Kellogg
Graduate School at Northwestern University and a Bachelor of Business
Administration in 1984 from the University of Wisconsin.  He is a CPA and a
member of various professional organizations, including the AICPA, the ICPAS
and the Financial Executives Institute.

    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 58 auction
sites across the United States.

    For additional information regarding Insurance Auto Auctions free of
charge via fax, dial 1-800-PRO-INFO and use the Company's stock symbol,
"IAAI."
    Additional information about Insurance Auto Auctions, Inc. is available on
the World Wide Web at http://www.iaai.com .