Protective Closes on AUL Acquisition

Adds Complementary Product Portfolio to Its Asset Protection Division

The transaction, which was announced on March 21, 2022, allows Protective to offer additional solutions, protect more customers and accelerate growth.  

Full Article: https://www.protectiveassetprotection.com//News-Events/Press-Releases/Protective-Closes-on-AUL-Acquisition

EasyCare Introduces New Vehicle Service Contract for Auto Dealers

VSC includes coverage for many types of vehicles and enhances consumer convenience benefits

EasyCare, an APCO Holdings brand, introduces a new vehicle service contract (VSC) for auto dealerships. This VSC makes it easier for dealers to present in the F&I office by integrating coverage options for many vehicle types and needs into one product, including electric vehicles (EVs).

Source: https://www.globenewswire.com/news-release/2022/05/03/2434889/0/en/EasyCare-Introduces-New-Vehicle-Service-Contract-for-Auto-Dealers.html

CINCH® HOME SERVICES OFFERS HOME PROTECTION PLANS ALONGSIDE TRUSTED NEW YORK UTILITY PARTNERS 

Boca Raton, FL (April 13, 2022) Cinch Home Services (Cinch), the leading home service solutions provider in the utility space, has recently partnered with several trusted energy service companies to deliver value-added solutions that meet customer needs and provide products that assist these companies in fulfilling state regulatory requirements. Through partnerships with Cinch, customers of New York state’s retail energy suppliers can now have industry-leading home protection plans as part of their electric or gas service.

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NATIONAL AUTO CARE ACQUIRES FROST FINANCIAL SERVICES

FOR IMMEDIATE RELEASE

(PONTE VEDRA BEACH, Florida, March 2022) – Courtney Hoffman, Senior VP of Mergers & Acquisitions of National Auto Care (NAC), and Jim Tenhundfeld and Phil Markwell, principals of Frost Financial Services (Frost), today announced that NAC has acquired the assets of Frost. This represents the first acquisition NAC has completed with a business focused on distributing F&I products through the credit union, community bank and other financial services institutions market.

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Madison Dearborn Partners Increases Equity Investment in Insurance Services Company Amynta Group

NEW YORK and CHICAGO, March 10, 2022 /PRNewswire/ — Amynta Group (“Amynta” or “the Company”), a leading insurance services company, announced today that funds affiliated with Madison Dearborn Partners, LLC (MDP), a leading Chicago-based private equity investment firm, have acquired all of the equity interests in Amynta held by AmTrust Financial Services, Inc. (“AmTrust”).

Full Release: https://www.prnewswire.com/news-releases/madison-dearborn-partners-increases-equity-investment-in-insurance-services-company-amynta-group-301500143.html

Home Warranty of America Joins the Choice Home Warranty Family

Choice Home Warranty (“Choice”) announced that it has acquired certain assets of Home Warranty of America (“HWA”) from Home Warranty of America, Inc. to enhance Choice’s position as a leading provider of home warranty service contracts and to accelerate Choice’s mission to become the US’ largest and most respected home warranty provider.

Full Release: https://www.prnewswire.com/news-releases/home-warranty-of-america-joins-the-choice-home-warranty-family-301476004.html

PermaPlate Furniture Partners With Chem-Dry to Expand Furniture Appearance Coverages

PermaPlate Furniture has created the industry’s first furniture protection plan that provides coverage for accidental paint and grease stains. This partnership increases the level of appearance coverages that furniture retailers can offer their valued customers.

Full Release: https://www.newswire.com/news/permaplate-furniture-partners-with-chem-dry-to-expand-furniture-21624638

AmTrust Specialty Risk Report: Consumers Still Most Likely to Purchase an Extended Warranty at the Point of Sale

Millennials and Gen Z Protect Electronics and Jewelry Purchases While Boomers and Gen X Buy Vehicle and Appliance Warranties

View Full Report: AmTrust Specialty Risk 2021 Warranty Survey Report