Article from Sean Murphy (Director, Product Development at Fortegra) listing three valuable service contract benefits.
Source: http://blog.fortegra.com/3-service-contract-benefits-that-boost-value-for-customer
Category Archives: Automotive
Personal Safeguards Group Publishes Service Contract Industry Estimates – Over $53b
At retail the US Consumer Service Contract Industry is approximately $53.7b
Breakdown by Segment Chart: https://warrantynews.com/wp-content/uploads/2018/03/Industry-Overview.png
Source: Personal Safeguards Group, LLC
AUL Corp. Surpasses 2 Million Vehicle Warranties Issued
Accomplishment Establishes AUL as One of the Top Independent Vehicle Service Contract Providers in the Nation.
Risky F&I Practices & How to Avoid Them
Great article outlining common F&I practices that will put your dealership at risk.
JD Power Enters the Dealer F&I Space
J.D. Power announced the launch of J.D. Power Automotive Protection Products for new-car buyers. J.D. Power Automotive Protection Products include extended service warranties, tire protection, surface protection, GAP, key replacement, lifetime warranty, dent-and-ding, maintenance, high-tech coverage and windshield protection as an add-on.
Article: http://www.fi-magazine.com/news/story/2018/01/jd-power-enters-f-i-space.aspx
Zurich to Focus Heavily on F&I in 2018
Zurich North America, one of the largest insurance and vehicle service contract providers for auto dealers plans on a heavy focus on F&I in 2018.
Article: http://www.fi-magazine.com/news/story/2018/01/zurich-to-focus-heavily-on-f-i-in-2018.aspx
Australian auto warranty company to refund $5m
Sales staff was allowed to charge their own prices for warranties leading to larger commissions.
Full Article: https://www.businessnews.com.au/article/Car-warranty-company-to-refund-5m
California auto dealer offering 20-year 200,000 mile warranty
Selma Auto Mall is now offering a 20-year 200,000-mile warranty with every purchase of a new car.
Article: http://abc30.com/business/local-auto-dealer-offering-20-year-200000-mile-warranty/2960895/
WCM 2018 – Warranty And Service Contract Management For Innovation And Growth
14th Annual WCM Conference
When
Tuesday, March 6, 2018 – Thursday, March 8, 2018
8:00 AM – 5:00 PM, Pacific Time
Where
Hyatt Regency Mission Bay Spa & Marina
1441 Quivira Road
San Diego, California 92109
The theme of the 14th annual conference is “Warranty And Service Contract Management For Innovation And Growth” which addresses how effective warranty and service contract management has enabled companies to develop their competitive edge, manage risk and increase cost savings, innovate and grow.
The WCM 2018 event offers a broad range of presentations with attendees able to choose from up to 3 parallel tracks with over 50 speakers spread over 20 separate sessions.
Complete Details: http://www.cvent.com/events/warranty-chain-management-conference-2018/event-summary-b8df502cfa2c43afae28cb637dc7b5e2.aspx?i=dcb27c6a-7dee-477b-8b2b-14a698b5a10d
Assurant and The Warranty Group Amend Deal Structure
Under the revised terms, Assurant, Inc. will acquire TWG Holdings Limited and its subsidiaries, and remain a Delaware corporation. This change follows recently enacted U.S. tax legislation and allows Assurant to simplify the overall deal structure and optimize the transaction financing mix.