Author Archives: Editor

Portfolio Wins 3rd Straight DCA Diamond

Dealers ranked Portfolio as the nation’s No. 1 reinsurance provider in the 2023 Dealers’ Choice Awards, the company’s third straight Diamond award and 10th category win.


LAKE FOREST, Calif. — Aug. 2, 2023 — For the third straight year and 10th time overall, Portfolio won the first-place Diamond award for Reinsurance & Participation in the annual Dealers’ Choice Awards.

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PCMI Webinar – Building vs. Buying Admin Software: Alpha Warranty Discusses Their Decision

Join us as Alpha Warranty and PCMI executives break down the differences between building vs buying an admin system and what led Alpha Warranty to decide to buy.

Webinar covers:

  • Why switching systems was crucial to their growth
  • Obstacles they identified with building
  • Factors that played a part in their decision
  • How buying has helped achieve their goals
  • Converting their legacy data – PCMI’s conversion toolkit

The 14th Annual Extended Warranty & Service Contract Innovations National Forum

Chicago, Illinois – October 17-18, 2023

Announcing the all-new agenda covering all the topics you have asked for! This year The 14th Annual Extended Warranty & Service Contract Innovations National Forum is moving to Chicago on October 17-18, 2023, at the Palmer House Hilton. This highly acclaimed, cross-industry event covers innovations in customer service, new product development, data & technology, operations, marketing & sales, legal & regulatory, finance & insurance.

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Warranty Leaders Join Ironwood Warranty Group

Ironwood Warranty Group, parent company to Hornbeam Insurance and National Service Alliance, is proud to announce the addition of two new team members. Ironwood Warranty Group, with the addition of these executives, is quickly emerging as a leader in warranty specific insurance and service solutions providing clients the support to quickly develop and administer a customized warranty program.

Dale Reeder joins National Service Alliance as Senior Business Development and Sales Executive, leading the one of the nation’s largest managed service networks for Appliance, HVAC, and Electronics. Dale brings nearly 40 years of service experience including roles as CEO of A&E Factory Service, a division of Sears, as well serving on the Board for Encompass Supply Chain Solutions. Randy Whitehead, Founder and President of National Service Alliance said, “Dale’s relationships and reputation in the service industry are spectacular. Dale’s a proven leader with a strong understanding of how to develop and manage a national service network for in-home services.

Kate Bowling is Ironwood Warranty Group’s new Director of Operations. Kate provides over 12 years of experience in operations and client management from American International Group (AIG) warranty division, working with home warranty and international clients. Julie Messer, Chief Operating Officer at Ironwood Warranty Group, said, “We are fortunate to have Kate join our team. Kate’s understanding of operations and account management make her a perfect fit for our strategic vision.”

PRESS RELEASE

June 29, 2023

Ironwood Warranty Group

For inquiries: Contact Dan Tafel, 502-417-8260

Domestic & General Group to acquire After Inc.

Strategic combination accelerates US expansion

Domestic & General Group (“D&G”), the leading appliance care specialist headquartered in London, UK, has entered into an agreement to acquire US-based, post-sale warranty specialist After Inc (“After”), a Galway Holdings company.

Full Release: https://lnkd.in/eUZvTjsE

After, Inc. just published a first-of-its-kind ‘Warranty Claims Scoring 101’ guide

The guide provides manufacturers with an in-depth look at how automated claims scoring is transforming the industry.

Full Release: https://www.send2press.com/wire/after-inc-just-published-a-first-of-its-kind-warranty-claims-scoring-101-guide-giving-manufacturers-an-in-depth-look-at-how-automated-claims-scoring-is-transforming-the-industry/

U.S. Treasury Department Issues Proposed Regulations To Finally Eviscerate Microcaptive Tax Shelters

The U.S. Department of the Treasury has finally regulations to deal with so-called microcaptive transactions.

Microcaptives are, for the most part, insurance companies that attempt to qualify for treatment under section 831(b) of the Internal Revenue Code by way of a shared risk-pool arrangement which only superficially provides risk sharing and risk distribution for tax purposes, and whose real purpose is to provide inflated deductions for the businesses that the microcaptives are insuring.

Read the Full Article: https://www.forbes.com/sites/jayadkisson/2023/04/11/us-treasury-department-issues-proposed-regulations-to-finally-eviscerate-microcaptive-tax-shelters/

Nation Safe Drivers and Questx to Combine

Enhances National Leadership Position in Roadside Assistance and Mobility Services

BDT Capital Partners to Maintain Majority Stake in Combined Platform

Nation Safe Drivers (“NSD”) and Questx today announced that they have completed a strategic business combination to form one of the nation’s largest and most innovative leaders in roadside assistance and mobility services. Terms of the transaction were not disclosed.

Full release: https://www.yahoo.com/lifestyle/nation-safe-drivers-questx-combine-130000606.html