Category Archives: Appliance & Electronics

interior of living room with tv

LG Introduces 5-Year Panel Warranty For Its Premium OLED TVs

LG seeks to further differentiate its OLED TVs and Samsung’s premium LCD TVs by introducing a five-year limited panel warranty on every 2021 G1 OLED TV sold in the US.

Source: https://www.forbes.com/sites/johnarcher/2021/06/11/lg-introduces-5-year-panel-warranty-for-its-premium-oled-tvs/?sh=3f9c69f271c5

Enduring Changes in the Post-Pandemic Warranty Industry

Key observations from an AmTrust roundtable discussion with service contract industry leaders Aleem Lakhani, Michael Frosch, Kenneth Mac, and Sreevathsa Prabhakar.

Full Article: www.warrantyweek.com/archive/ww20210603.html

Personal Safeguards Group, LLC (PSG) Supports Creation of a New Subscription-Based Medical Alert Service Contract Program

PSG provided support in creating a new subscription-based service contract program including:

  • Sourcing a Licensed Obligor backed by an A- Admitted Carrier
  • Program Design and Rate Structures
  • Claims Administration and Management
  • Regulatory and Compliance

For more information: PersonalSafeguardsGroup.com

AppleCare+ plans can now be extended for longer than 36 months

Apple recently announced that in Australia, Canada, Germany, Japan, the UK, and the US, owners who originally purchased AppleCare+ can renew their coverage for longer than was previously allowed.

Full Article: https://www.slashgear.com/applecare-plans-can-now-be-extended-for-longer-than-36-months-22669950/

Fry’s Electronics to Close

After nearly 36 years in business as the one-stop-shop and online resource for high-tech professionals across nine states and 31 stores, Fry’s Electronics, Inc. (“Fry’s” or “Company”), has made the difficult decision to shut down its operations and close its business permanently as a result of changes in the retail industry and the challenges posed by the Covid-19 pandemic. The Company will implement the shutdown through an orderly wind-down process that it believes will be in the best interests of the Company, its creditors, and other stakeholders.

Dealerscope Article: https://dealerscope.com/frys-electronics-is-going-out-of-business

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National Home Warranty Day Witnesses Launch of Tend, The New Modern Approach in Delivering Customer Choice and Experience

Centricity announces its new business and product line, TendTM, bringing homeowners a modern way to obtain comprehensive home and electronics warranty coverage.

Full Release: https://www.globenewswire.com/news-release/2021/02/10/2172975/0/en/National-Home-Warranty-Day-Witnesses-Launch-of-Tend-The-New-Modern-Approach-in-Delivering-Customer-Choice-and-Experience.html

Asurion Home+ Launches Fast Claims Reimbursements Through PayPal, Venmo and More

Asurion Home+ is the First Tech Protection Plan to Offer Customers Same-Day Electronic Reimbursements to Get Them Back Up and Running with Their Tech Fast

Full Release: https://www.prnewswire.com/news-releases/asurion-home-launches-fast-claims-reimbursements-through-paypal-venmo-and-more-301220446.html

Clyde’s Executive Power Lunch With Alibaba’s John Caplan

For our first Executive Power Lunch, we brought together John Caplan, Clyde board member and Alibaba.com’s President of North America & Europe and Brandon Gell, Clyde’s CEO and cofounder. The pair discussed the characteristics of a great team, how to build one through hiring, and how to lead one with your board and advisors.

Full Article and Videos: https://www.joinclyde.com/blog/clydes-executive-power-lunch-with-alibabas-john-caplan

AM Best Affirms Credit Ratings of Fortegra Europe Insurance Company Limited

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Fortegra Europe Insurance Company Limited (FEI) (Malta). The outlook of these Credit Ratings (ratings) is stable.

Full Release: https://www.businesswire.com/news/home/20210204005763/en/AM-Best-Affirms-Credit-Ratings-of-Fortegra-Europe-Insurance-Company-Limited

PCMI Announces Investment from Equality Asset Management to Accelerate Growth

Investment will Support Product Expansion and Client Acquisition

January 19, 2021 – Park Ridge, IL – PCMI (Policy Claims Management International), a leading provider of administration software for the automotive, consumer and industrial warranty and service management markets announced its first equity investment from Boston-based growth equity firm, Equality Asset Management, and Chicago-based, First Analysis. Financial terms were not disclosed.

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