Category Archives: Appliance & Electronics

The Meramec Secure® Platform helps InsurTech, FinTech, OEM, and Product Sellers meet client demand for insurance-backed guarantees or warranties

The markets are littered with companies making big, bold promises that then go out of business with nothing to support their promise.

“Everyone has a warranty or guarantee, but what backs it – that’s what your prospects and clients want to know.”

The Meramec Secure® Platform enables the creation of customized solutions tailored to the needs of InsurTech, FinTech, OEMs, and Product Sellers across a variety of products, services, and solutions.

This includes traditional product warranties and service guarantees, as well as platform guarantees for performance, usage, uptime, and service-level commitments (SLAs), along with options for redeploying contractual obligations, early termination, warranties, and refunds.

Make your product, service, or solution stand out in a crowded market.

Determining the appropriate insurance policy and structure to support your objectives in a compliant and valid way is extremely important. Meramec Secure® supports clients in reviewing options and solutions to support the program from initial design through implementation.

Contact Meramec Secure

Mike Frosch, President

email: mike@meramecsecure.com

book an online meeting at:  calendly.com/mike-frosch

website: https://meramecsecure.com/

#meramecsecure #insurtech #fintech #saas #warranty #guarantee #oem

PCMI Strengthens F&I Platform Leadership with Acquisition of StoneEagle Enterprise Solutions Business Unit

Acquisition adds StoneEagle’s administration software systems supporting contract and claims management, uniting two teams with deep industry expertise to advance the F&I ecosystem

PCMI, a leading SaaS provider for Finance & Insurance (F&I) product and service contract administration, announced today the acquisition of the Enterprise Solutions Business Unit of StoneEagle. Included in the transaction are administration software systems supporting contract and claims management. This move unites two teams with long-standing roles in advancing administration technology across the F&I ecosystem and aligns with PCMI’s long-term growth strategy following its investment by Thoma Bravo.

View the Full Release: https://www.pcmicorp.com/2025/11/pcmi-strengthens-fi-platform-leadership-with-acquisition-of-stoneeagle-enterprise-solutions-business-unit/

See Who’s Coming to the 16th Annual Extended Warranty & Service Contract Innovations Conference!

250+ Warranty Executives Already Registered

www.warrantyinnovations.com

The only event where innovation meets impact in extended warranties and service contracts. Whether you are focused on vehicles, homes, appliances, electronics, mobile, or other specialty markets, this is where leaders gather to share the strategies that future-proof products and services. Meet 250+ executives to learn who’s doing what and how!

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The 16th Annual Extended Warranty & Service Contract Innovations Conference

The 16th Annual Extended Warranty & Service Contract Innovations Conference https://www.warrantyinnovations.com/ returns to Chicago, hosted at the legendary Drake Hotel on October 27-28, 2025. 

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PROTECTALL™ APPOINTS CHRIS PENN AS PRESIDENT

August 15th, 2025 – PROTECTALLTM, a trusted leader in premium protection solutions,
proudly announces the promotion of Chris Penn to the position of President.

In his new role, Penn will assist with guiding the company’s strategic direction and market expansion, building on PROTECTALL’s reputation for exceptional customer service and cutting-edge product offerings. He will continue to focus on strengthening partnerships with retailers, expanding product innovation, and delivering value to customers globally.

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Arizona Substantive Policy Statement 2025-03 (INS)

Arizona’s Department of Insurance and Financial Institutions recently issued a Bulletin to address unpermitted entities that appear to be engaging in conduct that may require a permit issued by the Department under Arizona law. This Bulletin is intended to guide insurers on complying with Arizona Service Contract regulations.

The Department emphasizes that entities offering service contracts must obtain a service company permit. 

The Department has observed a number of insurance contracts that include coverages for individual consumer products that meet the definition of a service contract under Arizona law. See A.R.S. § 20-1095(7). The coverages are being provided by insurers that have not obtained the required permit to offer service contracts. See A.R.S. § 20-1095.01.

Full Bulletin: https://difi.az.gov/sites/default/files/RegulatoryBulletin2025-03_ServiceContracts.pdf

Washington State Service Contract Provider Update

Effective July 27, 2025, Washington State will allow service contract providers to use multiple reimbursement insurance policies (CLIP) as forms of indemnity.

Service contractor providers may now use more than one reimbursement insurance policy (CLIP) as a form of indemnity. A service contract must be insured by only one CLIP. You can’t insure the same service contract on more than one CLIP; however, you can use multiple CLIPs to cover the same category of service contract.

Source Article: https://www.insurance.wa.gov/insurers-regulated-entities/company-registration-and-renewal/company-registration-and-renewal-service-contract-providers

16th Annual Extended Warranty & Service Contract Innovations

October 27-29, 2025, The Drake, Chicago, Illinois

The next evolution in warranties and service contracts is here—are you ready? From vehicles and home to mobile, electronics, and appliances—this year’s event is packed with innovations. Join us for The 16th Annual Extended Warranty & Service Contract Innovations, www.warrantyinnovations.com scheduled for October 27-29, 2025, The Drake, Chicago, Illinois.

Warranty News readers use promotion code WN300 for $300 off!

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LG class action alleges company short-changes consumers on warranties

Two California consumers claim in a class action lawsuit that LG Electronics violated state law by starting its warranties on the date of purchase, rather than the date of delivery.

Full Article: https://topclassactions.com/lawsuit-settlements/lawsuit-news/lg-class-action-alleges-company-short-changes-consumers-on-warranties/

Marcone Appoints Appliance Sales Leader

Experienced industry professional to lead sales staff and training

St. Louis, MO (May 14, 2025) – Leading North American distributor Marcone Appliance Parts announced today that Damon Holditch has joined its team as Director of Regional Sales.

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