Category Archives: Automotive

F&I Admin Merges With StoneEagle

LOMBARD, Ill. And RICHARDSON, Texas — F&I Administration Solutions LLC and StoneEagle Inc. announced the strategic merger of the two companies to form StoneEagle F&I.

Full Article: https://www.fi-magazine.com/355879/fi-admin-merges-with-stoneeagle

AmTrust Signs Agreement with PCMI to Automate and Enhance Reinsurance

New System Will Provide Additional Information and Analytics Driving Enhanced Risk Management and Increased Transparency.

NEW YORK, January 23, 2019 – AmTrust Financial Services, Inc.(“AmTrust” or the “Company”) today announced the Company has signed an agreement with PCMI Corporation (Policy Claim Management International), the leading provider of integrated software solutions for the administration of F&I Products, Service Contracts, and Extended Warranties. Through the agreement, AmTrust will implement PCMI’s Policy Claim and Reporting Solutions™ (PCRS) – Reinsurance Module, which will provide AmTrust clients with an easy to use, robust reporting solution for their reinsurance businesses.

Full Release: http://www.pcmicorp.com/2019/01/amtrust-signs-agreement-with-pcmi-to-automate-and-enhance-reinsurance/

Cox Automotive Acquires F&I Express

Cox Automotive Inc. announces the acquisition of Intersection Technologies Inc., which does business as F&I Express.

Article:  http://www.fi-magazine.com/news/story/2018/10/cox-automotive-acquires-f-i-express.aspx

Automotive Warranty Management – Annual Summit

Automotive Warranty Management Annual Summit
October 16 – 17, 2018

The Henry Hotel, Dearborn MI

Creating warranty programs and practices that drive customer satisfaction and continuous improvement

In the current economy where customers are ‘prosumers’, both producing and consuming services and content, warranty, aftersales and aftercare create a crucial link in the value chain that require a strategic focus.

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Act Now and Save: 9th Annual Extended Warranty & Service Contract Innovations National Forum

October 1-3, 2018

Make sure and use Discount Code WN300 to Save $300.

The 9th Annual Extended Warranty & Service Contract Innovations National Forum features over 40+ top flight speakers and many new multi-industry case studies. Join us for this highly acclaimed event providing comprehensive coverage on the full spectrum of your business processes. This year’s agenda focuses on:

  • Customer Service
  • Disruptive Technology
  • Marketing & Sales
  • Legal & Regulatory
  • Risk Management & Product Quality.

Due to popular demand we have added industry-specific roundtables where you gain vital insights and have your questions answered by industry experts.

Plus immediately following the main conference, you can attend the 2 exclusive add-on forums.

For complete details:  http://www.warrantyinnovations.com/index.html

Make sure and use Discount Code WN300 to Save $300.

The 9th Annual Extended Warranty & Service Contract Innovations National Forum

The 9th Annual Extended Warranty & Service Contract Innovations National Forum features over 40+ top flight speakers and many new multi-industry case studies. Join us for this highly acclaimed event providing comprehensive coverage on the full spectrum of your business processes. This year’s agenda focuses on:

  • Customer Service
  • Disruptive Technology
  • Marketing & Sales
  • Legal & Regulatory
  • Risk Management & Product Quality.

Due to popular demand we have added industry-specific roundtables where you gain vital insights and have your questions answered by industry experts.

Plus immediately following the main conference, you can attend the 2 exclusive add-on forums.

For complete details:  http://www.warrantyinnovations.com/index.html

Make sure and use Discount Code WN300 to Save $300 if you register after August 10th.

National Auto Care Acquired by Private Equity Firm

National Auto Care Corp. announced it will be acquired by Lovell Minnick Partners, a private equity firm with offices in Philadelphia, Los Angeles, and New York. The acquisition is subject to receipt of standard regulatory approvals and satisfaction of customary closing conditions.

Full Article:  http://www.fi-magazine.com/news/story/2018/07/national-auto-care-acquired-by-private-equity-firm.aspx

GWSCA taps warranty industry veteran Kevin Rigg for key leadership role

PRESS RELEASE

Chicago, IL

For Release: July 17, 2018

GWSCA taps warranty industry veteran Kevin Rigg for key leadership role

The Global Warranty and Service Contract Association (“GWSCA”) recently held a Board of Directors meeting and unanimously agreed to appoint Kevin Rigg as Executive Director of the GWSCA.

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The ZERO Plan Announcing New 36 Month Terms

PRESS RELEASE

CONTACT:
Phil Rosenberg, COO
Universal Lenders LLC
(866) 954 1050 Ext 8007
prosenberg@universallenders.net

The ZERO Plan Announcing New 36 Month Terms

Oak Park- July/3/2018- Universal Lenders LLC, creators of the ZERO Plan and 2018 Dealers’ Choice award winner, is pleased to announce enhanced funding guidelines to allow customers to choose up to 36 monthly installments allowing for more affordable payments.

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New Regulations in Oklahoma for Service Warranties

Oklahoma SB 1142 amends various sections of the law related to definitions, audited financial statements, suspensions, annual filings and examinations of service warranty associations.  

“Motor vehicle ancillary service” includes “the repair of chips or cracks in or the replacement of motor vehicle windshields as a result of damage caused by road hazards,” according to the bill.

The bill has been signed by the governor and enacted into law, effective November 1.