Author Archives: Editor

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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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

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

EasyCare Launches RV Appearance Protection Benefit

EasyCare announced the launch of RV Appearance Protection, a multifaceted benefit designed to protect interiors and exteriors, of new and used recreational vehicles, from unexpected costs due to environmental damage like weather-induced fading, stains and odors.

Release:  https://globenewswire.com/news-release/2017/11/08/1178158/0/en/EasyCare-Launches-RV-Appearance-Protection-Benefit.html