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iA Financial Corporation Inc. (the “Company”), the holding company of iA Financial Group, announced today that it has entered an agreement to acquire the American company IAS Parent Holdings, Inc. and its subsidiaries (collectively “IAS”). The agreed purchase price is US$720 million.
Full Press Release: https://www.benzinga.com/pressreleases/19/12/n14933679/ia-financial-group-to-establish-leading-position-in-the-u-s-vehicle-warranty-market-with-the-acqui
“AutoMax and its owner purposely kept their customers in the dark about the condition and history of the cars they sold and charged customers illegal and unnecessary fees.”
Full Article: https://www.boston.com/news/business/2019/11/20/automax-settlement
Al Miralles, who served as CNA’s Chief Risk Officer since 2017, has been appointed President of CNA Warranty.
Company adds warranty services to robust list of offerings, will provide added protection to customers globally
New York, September 18, 2019: Generali US Branch, the US arm of Generali Group, a
leading insurance and financial services group with more than €500 billion in assets today announced the launch of their new Specialty Insurance Division which will focus on providing comprehensive warranty services and solutions.
Amynta Group announced today that Dennis Kane has been named Executive Vice President and CEO Global Warranty. Dennis will be responsible for driving profitable growth across Amynta’s warranty business, deepening partner relationships and delivering on the company’s commitment to customer excellence.
Full Release: https://www.prnewswire.com/news-releases/amynta-names-dennis-kane-as-head-of-warranty-business-300913267.html
Legislation will allow car dealerships to include the replacement of keys and key fobs to the list of items covered by service contracts…
Full Article: https://www.timesunion.com/news/article/New-law-allows-key-fobs-to-be-covered-in-car-14424514.php
The Dealer Branded Loyalty Program expands the AGWS automotive product line as a result of the company’s rapid growth in the industry.
Continue readingAmynta Group, a premier insurance services company and provider of warranty protection products and services, has entered into an agreement to acquire American Auto Guardian, Inc. (AAGI), a leading provider of protection products and services to an extensive network of automotive Original Equipment Manufacturers (OEMs), agents, independent auto dealers and dealer groups.
Source; https://finance.yahoo.com/news/amynta-group-acquire-american-auto-182600331.html
Abry Partners, a Boston-based private equity firm, announced that it has agreed to acquire Portfolio Holding Inc.
Article: https://www.fi-magazine.com/357913/portfolio-acquired-by-abry-partners