AmTrust Launches TapSafe™ Smart Connected Warranty App

TapSafe™ Smart Connected Warranty App Launches at CES to Identify and Protect All of Your Connected Devices

Full Press Release:  https://globenewswire.com/news-release/2018/01/09/1286058/0/en/TapSafe-Smart-Connected-Warranty-App-Launches-at-CES-to-Identify-and-Protect-All-of-Your-Connected-Devices.html

Rochester partners with company to provide service line warranties

Rochester homeowners now have the option of purchasing protection plans in case exterior sewer or septic lines on their property break.

Article:  http://www.kttc.com/story/37195236/2018/01/Thursday/rochester-partners-with-company-to-provide-service-line-warranties

StoneEagle Welcomes New Chief Executive Officer

Dallas, Texas – January 5, 2018:

StoneEagle is pleased to announce the appointment of Cindy Allen as the company’s new CEO. Cindy will be responsible for driving the company, and its innovative F&I solutions, to the next level, building on the momentum achieved by the StoneEagle team under Bobby Allen’s leadership.

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CUNA Mutual Group expands relationship with InsurTech Investment, ForeverCar

CUNA Mutual Group announces it will expand its MEMBER’S CHOICE® Mechanical Repair Coverage (MRC) by adding a new marketing program, powered by ForeverCar.

Source:  https://www.cuinsight.com/press-release/cuna-mutual-group-expands-relationship-insurtech-investment-forevercar

Start-up WePredict Aims to Free up Billions in Auto Industry Warranty Reserves Through Unique Analytics Solution

Analytics start-up WePredict aims to free up potentially billions in auto industry warranty reserves through a unique analytics solution providing manufacturers and suppliers the opportunity to stabilize and mitigate risks they have in their warranty reserves today. The company recently completed a new funding round led by Munich Re / HSB Ventures. Existing investors Breed Reply and the Development Bank of Wales provided additional funding.

Full Release:  http://www.businesswire.com/news/home/20171031005454/en/Start-up-WePredict-Aims-Free-Billions-Auto-Industry

Amazon seeks staff in European insurance push (product insurance division)

Amazon.com Inc. is expanding its nascent European product insurance business, according to recent job adverts.

Article:  http://www.reuters.com/article/us-amazon-insurance/amazon-seeks-staff-in-european-insurance-push-idUSKBN1DA22J

AmTrust Financial Services and Madison Dearborn Partners Enter Into Strategic Transaction

AmTrust Financial Services and Madison Dearborn Partners Enter Into Strategic Transaction for a Portion of AmTrust’s U.S. Fee Businesses with a Total Enterprise Value of $1.15 billion.

Full Release:  https://globenewswire.com/news-release/2017/11/06/1175411/0/en/AmTrust-Financial-Services-and-Madison-Dearborn-Partners-Enter-Into-Strategic-Transaction-for-a-Portion-of-AmTrust-s-U-S-Fee-Businesses-with-a-Total-Enterprise-Value-of-1-15-billio.html

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A.M. Best Places Credit Ratings of AmTrust Financial Services, Inc. and Its Subsidiaries Under Review With Negative Implications.

Full Release:  http://www.businesswire.com/news/home/20171106006579/en/A.M.-Places-Credit-Ratings-AmTrust-Financial-Services

 

Craig Robinson Named President of American Auto Guardian, Inc. (“AAGI”)

Schaumburg, IL – American Auto Guardian, Inc. (“AAGI”) is pleased to announce that Craig Robinson has joined the company as President. Tim Brugh will move into the CEO position, and lead AAGI’s continued growth in all aspects of the automobile industry.

Release:  https://www.aagi.com/media/17143222/craig-robinson-named-aagi-president-november-2017.pdf