Author Archives: Editor

Personal Safeguards Group Releases 2020 Service Contract Industry Projections

UPDATE: The shutdown driven by the CoronaVirus will greatly impact every category in 2020. This should be viewed as a run rate prior to the shutdown.

For 2020 Personal Safeguards Group projects over $61b at retail for consumer related service contracts.

Automotive continues to lead the industry in terms of gross revenue with 2020 projected at over $33b for Vehicle Service Contracts and over $6.4b for Ancillary products.

Continue reading →

Scott Morrison, one of the founders of After, Inc., returns to the company after the sale to EPIC Holdings

After, Inc., the global leader in Warranty Marketing and Analytics Solutions since 2005, has just announced the return of Scott Morrison, an original founder, to lead new business development and strategic innovation for the company.

Release: https://finance.yahoo.com/news/scott-morrison-one-founders-inc-120000807.html

Frontdoor Acquires Streem, a Leader in Advanced Technology to Transform the Service Experience

Move Accelerates Frontdoor’s Journey to Connect Customers and Home Services Professionals, Expand Revenue Opportunities and Improve Productivity

Release: https://www.businesswire.com/news/home/20191205005459/en/Frontdoor-Acquires-Streem-Leader-Advanced-Technology-Transform

Tiptree Financial (TIPT) to acquire Smart AutoCare

Tiptree Inc. (NASDAQ: TIPT) and Peter Masi announced that Tiptree Insurance has agreed to acquire Smart AutoCare, a rapidly growing vehicle warranty solutions provider led by its founder and CEO, Peter Masi…

Full Article: https://www.streetinsider.com/Corporate+News/Tiptree+Financial+%28TIPT%29+to+acquire+Smart+AutoCare/16251086.html

Generali specialty insurance division launches portable electronics insurance

Company adds portable electronics insurance to robust list of offerings and announces first partnership with a national retailer

New York, December 16, 2019: Generali Specialty Insurance Division (the Division) today announced that it will now be providing insurance policies on portable electronics through a partnership with national retailer, My Essentials.

Continue reading →

HomeServe Acquires ServLine

HomeServe USA, a leading provider of home repair solutions serving more than 4.2 million customers across the US and Canada, will acquire Chattanooga, Tennessee-based Sunbelt Group’s ServLine business division (https://www.servline.com/), a National Rural Water Association (NRWA) affinity partner.

Full Release: https://www.businesswire.com/news/home/20191202005287/en/HomeServe-Acquires-ServLine

iA Financial Group to Establish Leading Position in the U.S. Vehicle Warranty Market with the Acquisition of IAS

iA Financial Corporation Inc. (the “Company”), the holding company of iA Financial Group, announced today that it has entered an agreement to acquire the American company IAS Parent Holdings, Inc. and its subsidiaries (collectively “IAS”). The agreed purchase price is US$720 million.

Full Press Release: https://www.benzinga.com/pressreleases/19/12/n14933679/ia-financial-group-to-establish-leading-position-in-the-u-s-vehicle-warranty-market-with-the-acqui