GWC Warranty, the automotive industry’s largest used vehicle service contract provider, is pleased to announce that James Virgoe has joined the company as Senior Vice President, Sales.
Category Archives: Automotive
Nobilis Group Announces Jeff Jagoe as President of Agent Development; Respected Industry Veteran Set to Expand Product Distribution
Nobilis Group is pleased to announce the addition of industry veteran Jeff Jagoe to the company as President of Agent Development. Jagoe will be responsible for growing the agent channel for protection products across the automotive, RV, marine, and power sports markets.
The DOWC: Just the Facts
Though in the marketplace for more than 40 years, the DOWC is not widely well understood, often leading to misrepresentation and inaccurate information about the structural, financial, and tax attributes of this entity type.
Full Article: https://www.autodealertodaymagazine.com/364379/dowc-just-the-facts
Author: Michelle Bertolini
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Scot Eisenfelder Takes Helm as CEO of APCO Holdings, LLC
NORCROSS, GA. March 22, 2021 – APCO Holdings, LLC, a leading provider and administrator of automotive F&I products and home to the EasyCare, GWC Warranty and MemberCare brands, announced today that Scot Eisenfelder has been named CEO, effective May 1st, 2021. Eisenfelder joined APCO as Senior Vice President, Strategy and Planning in August 2020.
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HomeServe and CenterPoint Energy Launch New Coverage for Electric Vehicle Home Charging Protection Plan
HomeServe and CenterPoint Energy have partnered to launch an industry first product now available to CenterPoint’s Texas customers. Building on current repair service plan from HomeServe that covers problems with CenterPoint customers’ interior electric wiring, the new offering will allow residential customers with Electric Vehicles (EV) to add enhancement coverage for their home EV charging systems.
MemberCare Launches Edge, Giving Credit Unions the Chance to Offer Even More Peace of Mind
NORCROSS, Ga. — February 23, 2021 — MemberCare, a leading provider of mechanical breakdown coverage designed exclusively for credit unions, announces the launch of Edge, a bundled suite of automotive protection products created to provide additional peace of mind for credit union members.
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JM&A Group’s New Inspect Now™ Program Aims to Streamline Claims Process and Improve Efficiency
Inspect Now™ is an innovative new virtual inspection process designed by JM&A Group to make the adjudication of claims more efficient and less time consuming.
Read Full Release: https://www.globenewswire.com/news-release/2021/02/16/2176489/0/en/JM-A-Group-s-New-Inspect-Now-Program-Aims-to-Streamline-Claims-Process-and-Improve-Efficiency.html
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.
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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Report: Value consumers get for GAP coverage continues to rise
A report compiled by AmTrust Financial Services showed how much value consumers are getting from F&I products, especially guaranteed asset protection (GAP) coverage as well as owners who operate their vehicles where weather and road conditions are poor.
Full Article and Report: https://www.autoremarketing.com/subprime/report-value-consumers-get-gap-coverage-continues-rise