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Monday October 22

CIECA Activates Salvage Committee

CIECA has re-chartered the Salvage Committee. Renewed interest by member companies, American Salvage Pool Association (ASPA), and the industry in general has initiated this action. The newly organized Salvage Committee will begin work on new messages for Disposition and Salvage Procurement for the industry.

Salvage Committee Chair Al Tate, of Salvage Direct, said, “I am excited to chair and participate in this committee. The timing is good for leaders in our industry to begin taking steps towards realizing efficiencies gained via leveraging technology for more than just the initial disposition of salvage; but also opening potential doors down the road for integration of the greater total loss decision process.”

“The Mission of the CIECA Salvage Committee is to help shorten salvage vehicle disposition and acquisition cycle time, make the process more efficient, and reduce the perceived risks by facilitating the electronic transfer of transaction information between all parties,” said Fred Iantorno, CIECA Executive Director. “As part of our Cross Industry Research and Coordination program, CIECA is pleased to announce that ASPA will be participating on the newly constituted Salvage Committee.”

“CIECA’s timing could not be better. ASPA looks forward to working closely with the committee and utilizing the standards they have developed in its own quest to complete our industry wide electronic interface for insurers and salvage auctions,” said Patrick Walsh, 2007-08 ASPA President.

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