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Insurance Auto Auctions Announces Management Change

17 September 1998

Insurance Auto Auctions Announces Management Change

    SCHAUMBURG, Ill., Sept. 17 -- Insurance Auto Auctions, Inc.
, announced the promotion of Ron Hope to the position of Senior
Vice President, Business Development.
    "Ron Hope has been a great addition to our senior leadership team and has
brought strong experience in the entire automotive and auction industry as
well as superior management skills to IAA," said James P. Alampi, chairman,
chief executive officer and president.  "In this expanded role, Ron will lead
the key areas of the corporate sales effort and customer service, along with
his current marketing and business development responsibilities."
    Founded in 1982, Insurance Auto Auctions, Inc. is the largest provider of
automotive and specialty salvage services in the United States, providing
insurance companies with cost-effective, turnkey solutions to process and sell
total-loss and recovered-theft vehicles, a $3 billion per year industry.  The
company currently has 48 auction sites across the United States.
    This press release contains forward-looking information that is subject to
certain risks and uncertainties that could cause actual results to differ
materially from those projected, expressed or implied by such forward-looking
information.  The company's actual results could differ materially from those
discussed or implied herein.  Factors that could cause or contribute to such
differences include, but are not limited to, those discussed in the company's
annual report, Form 10-K for the fiscal year ended December 31, 1997, or
subsequent quarterly reports.
    Additional information about Insurance Auto Auctions, Inc. is available on
the World Wide Web at http://www.iaai.com.