Insurance Auto Auctions to Market Assurant Solutions' Web-Based Auto Lien Payoff System

WESTCHESTER, Ill. & ATLANTA--Aug. 16, 2006--Insurance Auto Auctions, Inc., a leader in automotive total loss and specialty salvage services in the United States, 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(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) 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, CEO of Insurance Auto Auctions, said, "IAA is committed to streamlining business processes for the insurance companies' salvage business and the management of the salvage asset. ALPS enables IAA to work closely with the insurance companies to streamline the lien release process. IAA looks forward to working with Assurant Solutions in bringing ALPS to market."

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, the Caribbean, Latin America 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 under the symbol AIZ. Assurant has over $20 billion in assets and $7 billion in annual revenue. www.assurant.com