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Insurance Auto Auctions Appoints Patrick Cahill Director of Transportation Services

3 May 2000

Insurance Auto Auctions Appoints Patrick Cahill Director of Transportation Services
    SCHAUMBURG, Ill., May 3 Insurance Auto Auctions, Inc.
(Nasdaq: IAAI) announced today that Patrick Cahill has joined the Company to
fill the position of Director of Transportation Services.  Cahill will be
responsible for the overall direction and management of IAA's recently formed
towing division.  His appointment became effective April 3, 2000.
    In 1999, IAA decided to enter the towing business directly in most markets
in which it competes.  It has historically contracted for towing services.
"Towing represents a significant earnings and revenue growth opportunity for
IAA with EBIT expected to reach $10 per unit towed," commented Christopher
Knowles, CEO.  By the end of the second quarter 2000, IAA expects to be towing
in 15 of its 52 facilities with plans to tow roughly 85% of its vehicles
nationally when fully implemented late next year.
    Prior to joining Insurance Auto Auctions, Cahill served as Director of
Auto Network Operations at GE Financial Assurance.  Prior to that, he held the
position of Service Network Manager for The Cross Country Group.  Cahill has a
BA degree in business management from Curry College.

    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.  This is a $3 billion per year
industry.  The company currently has 52 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.  In some cases, you can identify forward looking statements by
our use of words such as "may, will, should, anticipates, believes, expects,
plans, future, intends, could, estimate, predict, potential or contingent,"
the negative of these terms or other similar expressions.  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, 1999, or subsequent quarterly reports.
Among these risks are legislative acts, changes in the market value of
salvage, competition, quality and quantity of inventory available from
suppliers, availability of suitable acquisition candidates and dependence on
key insurance company suppliers.

    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 .