LOMBARD, Ill. And RICHARDSON, Texas — F&I Administration Solutions LLC and StoneEagle Inc. announced the strategic merger of the two companies to form StoneEagle F&I.
Full Article: https://www.fi-magazine.com/355879/fi-admin-merges-with-stoneeagle
Author Archives: Editor
AmTrust Signs Agreement with PCMI to Automate and Enhance Reinsurance
New System Will Provide Additional Information and Analytics Driving Enhanced Risk Management and Increased Transparency.
NEW YORK, January 23, 2019 – AmTrust Financial Services, Inc.(“AmTrust” or the “Company”) today announced the Company has signed an agreement with PCMI Corporation (Policy Claim Management International), the leading provider of integrated software solutions for the administration of F&I Products, Service Contracts, and Extended Warranties. Through the agreement, AmTrust will implement PCMI’s Policy Claim and Reporting Solutions™ (PCRS) – Reinsurance Module, which will provide AmTrust clients with an easy to use, robust reporting solution for their reinsurance businesses.
Full Release: http://www.pcmicorp.com/2019/01/amtrust-signs-agreement-with-pcmi-to-automate-and-enhance-reinsurance/
FORTEGRA EUROPE INSURANCE COMPANY LIMITED RECEIVES INITIAL A.M. BEST RATINGS
A.M. Best assigns Fortegra subsidiary FEIC Ltd. a Financial Strength Rating of A-
By Sanjay Vara, Executive Vice President & Chief Underwriting Officer Jan 15, 2019 10:00:00 AM
JACKSONVILLE, Fla. (January 15, 2018) – Fortegra Financial Corporation (“Fortegra”), a leading international specialty insurer and subsidiary of Tiptree Inc. (“Tiptree”), today announces that Malta-based Fortegra Europe Insurance Company Limited (FEIC Ltd.) has received an A.M. Best Financial Strength Rating of A- (Excellent). FEIC Ltd. also received an initial Long-Term Issuer Credit Rating of A- with the outlook assigned to both ratings listed as stable by the global rating agency.
“We are proud to have yet another subsidiary earn an Excellent A.M. Best rating,” said Fortegra Executive Vice President and Chief Underwriting Officer Sanjay Vara. “A.M. Best is the world’s preeminent authority on insurance ratings, and this A- rating is a reflection of our financial strength and stability.”
Headquartered in Malta, FEIC Ltd. was established in 2018 to write warranty and specialty motor insurance in several European markets.
For details on FEIC Ltd.’s initial ratings, see A.M. Best’s official announcement. To learn more about Fortegra products and services, visit fortegra.com.
About Fortegra
Fortegra Financial Corporation (a Tiptree Inc. company) and its subsidiaries comprise a single-source insurance services provider that offers a range of consumer protection options including warranty solutions, credit insurance, and specialty underwriting programs. Delivering multifaceted coverage with an unmatched service experience for domestic and international partners and their customers, Fortegra solves immediate, everyday needs, empowering consumers to worry less and Experience More.
Microsoft Renews Extended Protection Services Agreement with AmTrust
AmTrust Financial Services, Inc. announced today at the CES Show in Las Vegas that it has extended its partnership providing protection plans to Microsoft customers for an additional four years. The parties have had a contractual relationship since 2009.
Golden State Water to provide pipeline coverage
Golden State Water selects HomeServe USA to provide homeowner customers the ability to purchase coverage for exterior water and sewer service lines, as well as in-home plumbing.
Source: https://www.vvdailypress.com/news/20190104/golden-state-water-to-provide-pipeline-coverage
Field Service Palm Springs 2019
April 23 – 26, 2019
JW Marriott Palm Desert Resort & Spa
Field Service is where cross-industry service, support, and customer success leaders come together to build world-class service and support operations. With forward-looking content and unique session formats, Field Service is designed to help you achieve service excellence and drive profitability.
Discount: 20% off with code: WARRANTY20
Web Link: https://bit.ly/2Lta2af
Personal Safeguards Group Launches Marine and RV Limited Warranty Programs
Personal Safeguards Group, LLC (“PSG”) has launched marine and RV limited warranty programs to assist OEMs with offering longer term limited warranties while transferring the risk off the balance sheet with a financially secure solution.
Custom programs are designed to support promotional or blanketed programs with coverage for parts or parts and labor.
For more information contact: Personal Safeguards Group
HomeServe USA Acquires Cleveland-area Geisel Heating, Air Conditioning & Plumbing
Acquisition Bolsters HomeServe’s HVAC, Plumbing and Installations Business in Ohio
OnPoint Warranty Closes Series A Funding Round
Investment in Business Positions Company for Growth
OnPoint Warranty Solutions, LLC, a leading provider of underwriting, service contract, and manufacturer’s warranty programs, plus logistics and service administration, has closed on its Series A funding from prominent Louisville business investors.
Genstar Capital Announces Acquisition of 2-10 Home Buyers Warranty
Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, today announced the acquisition of 2-10 Home Buyers Warranty (2-10 HBW), a provider of home warranty products to homeowners and new home builders.
Source: https://www.gencap.com/genstar-capital-announces-acquisition-of-2-10-home-buyers-warranty/