Author Archives: Editor
Meramec Secure Launches Expanded Website Related to Use of a CLIP (Contractual Liability Insurance Policy)
Service Contracts, Limited Warranty, and Specialty Insurance and Service Programs
The site includes example uses for Service Contracts, Limited Warranties, Specialty Programs, and Service Programs, as well as example CLIP structures, profit participation options, and an example rate builder.
A CLIP is a great way to address regulatory and compliance requirements for Service Contracts. OEMs also use CLIPs to transfer risk off their balance sheets for their limited warranty programs. In addition, CLIPs are often an effective method to support service-oriented programs, including certain travel, event, and waiver programs.
View the site at https://contractualliabilityinsurance.com
ContractualLiabilityInsurance.com is a property of © Meramec Secure, Inc.
PCMI – New Home Warranty Feature: Flexible Installment Plans to Enhance Sales, Satisfaction, and Retention
Transform your customer experience with our PCRS administration software’s customizable payment schedules. Offer home warranty plans with a variety of convenient options that reduce upfront costs and attract more buyers. Expand your product offering and meet the needs of all customers, regardless of their financial situation.
Read the entire article: New Home Warranty Feature: Flexible Installment Plans (pcmicorp.com)
The 15th Annual Extended Warranty & Service Contract Innovations
September 23-25, 2024, Palmer House Hilton, Chicago, Illinois.
This year’s event takes a deep-dive into new frontiers in extended warranty and service contract innovations!
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Frontdoor, Inc. to Acquire 2-10 Home Buyers Warranty for $585 Million in Cash
Frontdoor acquiring leading provider of new home structural warranties;
Increases Frontdoor’s customers, revenue and earnings;
Opens new sales channel for home warranties;
Diversifies portfolio into an adjacent and growing category
Full Release: https://www.businesswire.com/news/home/20240604637675/en
Marcone Introduces Same-Day Delivery
Creative approach to boost customer speed and efficiency powered by DoorDash Drive
St. Louis, MO (Monday, May 20, 2024) – Marcone, a leading North American distributor of home and commercial kitchen appliances, HVAC, plumbing, and pool and spa repair parts and equipment, today announced a new partnership with local commerce platform DoorDash to offer nationwide on-demand parts delivery.
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Sustainable Growth Strategies for Consumer Extended Warranty Markets – PCMI Whitepaper
This comprehensive whitepaper covers success-driven strategies for keeping your consumer extended warranty business thriving. It includes timely and effective techniques for keeping up with continuous growth, and how your business can keep its competitive edge for years to come.
- Explore key trends and challenges of the evolving landscape
- Discover transformative approaches to future-proof warranty management
- Learn about innovative tools that are reshaping the industry
Download Link: https://www.pcmicorp.com/whitepaper-sustainable-growth-strategies-for-consumer-extended-warranty-markets-form/
Service Contracts Considered Automobile Insurance in British Columbia
The British Columbia Financial Services Authority has issued Regulatory Statement RS 24-008: Product Warranty, Vehicle Warranty, and Automobile Insurance. This Regulatory Statement has implications for manufacturers, administrators, motor vehicle dealers, and third-party providers of motor vehicle service contracts.
Full Article: https://mcmillan.ca/insights/service-contracts-considered-automobile-insurance-in-british-columbia/
Navigating Recalls: Financial Implications For Motor Vehicle Components
Webinar: May 21 @ 3:00 pm – 4:00 pm
Register Here Open To All!
Motor vehicles represent some of the most sophisticated and advanced products manufactured today. However, with this complexity comes the heightened risk of product recalls, which can impose severe financial burdens on automotive component manufacturers and the supply chain.
Join industry peers – Component Suppliers, Aftermarket, OEMs, Distributors and Retailers for this comprehensive webinar designed to equip you with the knowledge and tools necessary to navigate the complex world of recall management as we delve into key topics such as:
– Recall Data & Insurability: Analyze recent recall data and trends and their insurability impact on component manufacturers.
– Prevention & Preparation: Explore strategies to prevent product recalls and discuss comprehensive preparation plans.
– Risk Engineering: Detailed insights for stakeholders on recall insurance coverage and risk mitigation.
– Response to Claims: Learn effective claim management to effectively minimize impact.
– Financial & Reputational Damage: Discuss solutions to lessen financial and reputational harm, ensuring brand recovery.
Speakers:
Christof Bentele, President – NEXUS SPECIALTY CASUALTY
Geoffrey Mills, Managing Director – MARSH MCLENNAN
Ray Roth, Director – STOUT
Keeping Your Technical Information Out Of Jail
Webinar: May 14th 3-4:00 pm ET
Are you finding it difficult to stay ahead of Rules and Regulations?
Technical information is riskier than you think. The phrase “minimum legal requirements for technical content” sounds like a minor concern. In fact, a company can be fined up to 3% of its annual revenue for violating certain technical content guidelines.
Join us for our new webinar covering the growing list of legal requirements from CARB and NHTSA to new EU legislation featuring a live interview with Tony Smith, Director, Service Engineering at Canoo.
Speakers:
Tony Smith, Director Service Engineering – CANOO
Gary Ragland, Manager, Copywriting – TWEDDLE GROUP
Nick Horan – Director Global Business Solutions – TWEDDLE GROUP