Driving innovation in the
remarketing industry

Protecting and serving
the auction marketplace
for more than 60 years

Welcome to AutoTec

AutoTec is the leading source of service and software solutions focused on the evolving needs of on-site and online marketplaces. Through our suite of services, we drive innovation in insurance, credentialing, vehicle history and dispute resolution. With over 60 years of experience in the auction industry, AutoTec’s team has a depth of expertise to support all parties in the marketplace.

OUR HISTORY

AutoTec, a privately held business in Birmingham, AL, traces its history back to the late 1800’s when the company’s earliest business included selling insurance, financial guaranty bonds, real estate, and typewriters.

In 1953, at the request of leading auction owners, Tom Adams, Sr. pioneered a unique insurance program designed to meet the needs of the auction industry, commonly known as Payment and Title Guaranty Insurance.

Since that time, AutoTec has continued to evolve, now providing insurance, credentialing, vehicle history, risk management and claims administration services for the automotive industry. AutoTec and its team members are committed to providing innovative solutions and high-level customer service for our partners in the automotive industry.

1898

1953

1965

1976

1992

1993

1998

1999

2010

2012

2013

2014

2018

2019

2020

1898

Captain Richard Fuller Manly establishes R.F. Manly and Co. on 5th Avenue North in Birmingham, AL.

1953

Tom Adams, Sr. develops Auction Insurance Agency and its Payment and Title Guaranty program for the wholesale automotive industry.

1965

Operating as Robinson Adams Insurance, operations are moved to Highland Avenue on the south side of Birmingham.

1976

The company launches Centennial Casualty Company, a multi-line property and casualty insurer.

1992

The company begins selling vehicle history “exception reports” to auto auctions.

1993

The company relocates to its current location atop Red Mountain in Homewood, AL.

1998

AuctionACCESS is developed and launched to provide dealer credentialing services for wholesale vehicle auctions.

1999

AutoTec partners with Experian to provide AutoCheck Vehicle History reports for its auction customers.

2010

Red Mountain Technologies begins selling vehicle history to auto insurance carriers for rating and underwriting.

2012

VIN CrossCheck is launched as a data sharing platform to help lenders securely and confidentially exchange VIN information.

––––

AuctionACCESS launches the AuctionACCESS Floor Plan platform to automate daily credit availability and loan originations between auctions and wholesale lenders.

2013

At the request of livestock stockyard owners across the country, Auction Insurance Agency added Livestock Market Payment Insurance to its portfolio of risk management services.

2014

Red Mountain Technologies patents their Risk Predictor Score – a process that uses vehicle history data to give insurance customers a competitive edge in pricing.

2018

AuctionACCESS implements the AuctionACCESS Mobile Card to provide increased security and a better user experience for dealers.

2019

Auction Insurance Agency introduces its Physical Damage Insurance, designed to insure floor plan providers in the event of a physical damage loss to their floored collateral.

2020

DealerPay is introduced in order to help reduce risk while enhancing ease of payment between dealers, auction marketplaces and floorplan lenders.

OUR SERVICES

OVER

MILLION

VINs Checked for
history records.

MILLION

Dealer documents
processed annually.

·

Auction
customers served.

MILLION

Transactions insured
since 1953.

MILLION

VINs Checked for
history records.

MILLION

Dealer documents
processed annually.

·

Auction
customers served.

MILLION

Transactions insured
since 1953.

LEADERSHIP

CAREERS AT AUTOTEC

We believe AutoTec has been named one the “Best Places to Work” in Birmingham because we value family. We’ve built an impressive team of individuals who work seamlessly together, much like a family. We also know our people can be the most productive and innovative when they have the right work-life balance and are able to spend time with their families. Because while work is important, it will never be more important than family.

Recognized as one of Birmingham’s “Best Places to Work,” AutoTec’s growth and success since 1898 has been fueled by its people. The company places great emphasis on a collaborative environment where employees work together to challenge each other to commit to a standard of excellence and accountability. We are always seeking motivated individuals to strengthen our work environment.

Learn More and Apply Online

OUTREACH AND ENGAGEMENT

We believe in giving back to the community and to Birmingham, Alabama, which we call home. AutoTec continues to invest in the community through partnerships with local and statewide agencies and non-profits. Our commitment to philanthropy and engagement not only exemplifies the character of our teammates but also the strength of our partnership with stakeholders. Click on the logos below to read more about how AutoTec is supporting our community.