Author Archives: Editor

National Auto Care Partners with Strategic DX to Offer Partners Enhanced Digital Engagement Opportunity

(Florida, June 2020–) Following months of remote work and an emphasis on digital solutions for its agents due to COVID-19, National Auto Care is pleased to announce a partnership that will take its digital experience to unprecedented heights.

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Oklahoma Court: Home Warranty Contract Is Insurance; Forced Arbitration Not Allowed

A home warranty contract is an insurance contract.

That’s the conclusion of the Oklahoma Supreme Court in a case in which the plaintiffs challenged a mandatory arbitration provision in a home warranty contract, maintaining such provisions are not legal under state law in any contract that references insurance.

Full Article: https://www.insurancejournal.com/magazines/mag-features/2020/06/15/572067.htm

HomeServe Looks Westward for HVAC Expansion, Acquires Phoenix-area Hays Cooling, Heating and Plumbing

Follows HomeServe’s 2019 acquisitions of Mesa, AZ-based American Home Guardian and Dallas-Ft. Worth’s Crawford Services

HomeServe, a leading provider of service plans, repair and installation services for the home, today announced the acquisition of Phoenix-based Hays Cooling, Heating and Plumbing (Hays).

Full Release: https://www.businesswire.com/news/home/20200610005640/en/HomeServe-Westward-HVAC-Expansion-Acquires-Phoenix-area-Hays

Tavant Recognized as a Leader in the IDC MarketScape for Manufacturing Warranty and Service Contract Management Applications

Acknowledged for its product innovation, flexible deployment options, industry expertise, strong customer-focused approach and future-proof approach

Full Release: https://www.businesswire.com/news/home/20200611005309/en/Tavant-Recognized-Leader-IDC-MarketScape-Manufacturing-Warranty

Cinch Home Services Extends Leadership In Home Services Through New Strategic Partnership

The alignment with Porch.com, a home service Vertical SaaS company, allows Cinch to widen its scope within the $425 billion home service marketplace, while cementing its innovator status.

Boca Raton, FL (June 2, 2020) – Cinch Home Services (Cinch), the nation’s leading provider of home service solutions, today announced a new strategic partnership with Porch.com, a Vertical SaaS company dedicated to helping home service companies improve their operations, grow their business, and elevate their customer experiences by simplifying moving and home maintenance for customers. The alignment is the latest milestone in Cinch’s ongoing efforts to expand its suite of consumer solutions beyond home service plans and warranties. The deal will also allow the company to continue amplifying its innovation capabilities and expand its distribution channels through increasingly diverse Direct-to-Consumer (DTC) offerings and a more complete value proposition for affinity (B2B2C) partners.

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APCO Offers Credit Union-Targeted F&I Benefits With MemberCare Launch

APCO Holdings, LLC launches MemberCare, a new venture dedicated to offering vehicle service contracts and other F&I products through credit unions.

APCO Holdings, LLC announced the successful launch of MemberCare, a new brand of vehicle protection products that will be sold through credit unions. MemberCare offers credit unions the ability to provide additional value to their members by helping them protect their new and used-vehicle purchases with a vehicle service contract, among other vehicle protection benefits, through a hyper-focused and member-centric offering. 

Full Release: https://www.globenewswire.com/news-release/2020/06/03/2043014/0/en/APCO-Offers-Credit-Union-Targeted-F-I-Benefits-With-MemberCare-Launch.html

Portfolio: Antimicrobials Propelled F&I in March and April

FOR IMMEDIATE RELEASE

New data from Portfolio shows sales of antimicrobial treatments as a percentage of F&I product sales increased as more Americans sought protection from communicable diseases.

LAKE FOREST, Calif. — Antimicrobial treatments gained ground as a percentage of all F&I product sales in March and April, reflecting renewed interest in eliminating and protecting against disease-causing pathogens among dealers, agents and consumers, according to internal data from Portfolio, a national provider and administrator of F&I products and dealer participation programs.

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