Category Archives: Automotive

Safe-Guard Products International Announces A New Branded Automotive Protection Relationship With GM Protection

Atlanta, GA August 22, 2022 – GM Protections, LLC (“GM”), a subsidiary of GM Financial has selected Safe-Guard Products International, LLC, the leading provider of branded protection products for the automotive, RV, marine and powersports industries, as they work together to provide an enhanced, complete added protection solution for Chevrolet, Buick, GMC and Cadillac dealers.

Full Release: https://www.safe-guardproducts.com/about-safe-guard/news/safe-guard-products-international-announces-a-new-branded-automotive-protection-relationship-with-gm-protection/

13th Annual Extended Warranty & Service Contract Innovations

This year’s all-new agenda takes a deep dive into new frontiers in extended warranty and service contract innovations!

Event Highlights Include:

  • 30+ Top-flight speakers crossing multiple industries including auto, appliance, mobile, electronics, home, heavy equipment, and more
  • Unmatched learning opportunities acknowledged as the best for all industries
  • In-depth case studies, provocative panel debates, and quick sound-bite industry insight sessions to give you all you need to understand the leading issues in extended warranty/service contracts today
  • 4 industry-specific interactive networking roundtables

Comprehensive coverage of the full spectrum of your extended warranty & service contract business includes: Customer Service, New Product Development, Disruptive Technology, Marketing & Sales, Legal & Regulatory, Finance & Insurance.

For more information and to register: https://www.warrantyinnovations.com/index.php

States Are Joining the War on Voluntary Protection Products

When it comes to voluntary protection products, such as guaranteed asset protection, debt cancellation, credit insurance, service contracts, and vehicle protection products, the hottest topic this summer seems to be the Federal Trade Commission’s Motor Vehicle Dealers Trade Regulation Rule…

Full Article: https://www.jdsupra.com/legalnews/states-are-joining-the-war-on-voluntary-3795919/

Warranty claim prices rise 33% over the past year According to MotorTrader.com (England)

Data analysis from Intelligent Motoring, the parent company of MotorEasy, Motokiki and Warranty Assist, reveals the cost of vehicle repairs has risen on average by 33% January-June 2022, compared to the same period in 2021.

Full Article: https://www.motortrader.com/motor-trader-news/automotive-news/warranty-claim-prices-rise-33-past-year-08-08-2022

Protective Closes on AUL Acquisition

Adds Complementary Product Portfolio to Its Asset Protection Division

The transaction, which was announced on March 21, 2022, allows Protective to offer additional solutions, protect more customers and accelerate growth.  

Full Article: https://www.protectiveassetprotection.com//News-Events/Press-Releases/Protective-Closes-on-AUL-Acquisition

EasyCare Introduces New Vehicle Service Contract for Auto Dealers

VSC includes coverage for many types of vehicles and enhances consumer convenience benefits

EasyCare, an APCO Holdings brand, introduces a new vehicle service contract (VSC) for auto dealerships. This VSC makes it easier for dealers to present in the F&I office by integrating coverage options for many vehicle types and needs into one product, including electric vehicles (EVs).

Source: https://www.globenewswire.com/news-release/2022/05/03/2434889/0/en/EasyCare-Introduces-New-Vehicle-Service-Contract-for-Auto-Dealers.html

Madison Dearborn Partners Increases Equity Investment in Insurance Services Company Amynta Group

NEW YORK and CHICAGO, March 10, 2022 /PRNewswire/ — Amynta Group (“Amynta” or “the Company”), a leading insurance services company, announced today that funds affiliated with Madison Dearborn Partners, LLC (MDP), a leading Chicago-based private equity investment firm, have acquired all of the equity interests in Amynta held by AmTrust Financial Services, Inc. (“AmTrust”).

Full Release: https://www.prnewswire.com/news-releases/madison-dearborn-partners-increases-equity-investment-in-insurance-services-company-amynta-group-301500143.html

AmTrust Specialty Risk Report: Consumers Still Most Likely to Purchase an Extended Warranty at the Point of Sale

Millennials and Gen Z Protect Electronics and Jewelry Purchases While Boomers and Gen X Buy Vehicle and Appliance Warranties

View Full Report: AmTrust Specialty Risk 2021 Warranty Survey Report

Mize Named a Leader for the Second Time in IDC MarketScape for Worldwide Manufacturing Warranty and Service Contract Management Applications 2022 Vendor Assessment

Recently merged with Syncron, Mize, has been positioned for the second time as a Leader in the IDC MarketScape: Worldwide Manufacturing Warranty and Service Contract Management Applications 2022 Vendor Assessment. Delivered on the Syncron Connected Service Experience (CSX) platform, the Warranty solution delivers value by increasing service contract revenues, reducing warranty expenditures, and enhancing customer service experience.

Full Release: https://www.prweb.com/releases/mize_named_a_leader_for_the_second_time_in_idc_marketscape_for_worldwide_manufacturing_warranty_and_service_contract_management_applications_2022_vendor_assessment/prweb18439546.htm