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
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
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).
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”).
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
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.
State regulators have ordered an auto warranty company to cease and desist from doing business in California.
Full Article: https://abc7news.com/infinite-auto-protection-warranty-complaints-car-repairs-7-on-your-side/11339189/
This partnership allows administrators to streamline the claims adjudication and inspection report process within a single portal
PCMI has partnered with One Guard Inspections, one of the largest and most comprehensive Inspector Networks, to integrate its vehicle analysis and inspection capabilities within PCMI’s Policy Claim and Reporting Solutions™ (PCRS) platform, streamlining processes for the Vehicle Service Contract and Third-Party Administrator industries. With the companies integrated technologies, PCRS customers will be able to complete the entire inspection and claims process faster, within one easy-to-use module.
Full Release: https://www.pcmicorp.com/2021/11/pcmi-integrates-with-one-guard-to-optimize-the-vehicle-analysis-and-inspection-process/
Company to demo product at upcoming MAPConnected warranty roundtable
ANN ARBOR, Mich. (October 4, 2021) — LegalEase Solutions LLC, which provides customized legal solutions for corporations, in-house legal departments and law firms, has launched iPAT for the automotive OEM market. Developed by a team of attorneys and data scientists at LegalEase in partnership with Felix AI, iPAT leverages historical data, artificial intelligence (AI) and predictive analytics to predict case outcomes, value cases and analyze buy-back eligibility of vehicles, to help OEM’s resolve warranty/lemon law claims more accurately, quickly and at a significantly lower cost.
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SANTA CLARA, CA (October 28, 2021) – Tavant, a digital products and solutions company, has developed a seamless warranty resolution platform that is a perfect fit for the fast-paced Electric Vehicle (EV) industry.
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