With just a few pieces of data, this tool calculates a rate for a service contract or limited warranty using a typical industry model. The rate development tool is available online at Warranty Resources.
Continue reading
Category Archives: Financial Services
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”).
Fidelity Rewards Visa Card to Drop Auto Rental and Extended Warranty Benefits
The Fidelity Rewards Visa Signature card is ending its auto rental collision damage waiver and extended warranty protection benefits. Fidelity is adding access to ID Navigator from NortonLifeLock.
Full Article: https://www.investopedia.com/fidelity-swaps-two-popular-credit-card-perks-for-identity-theft-protection-5115345
Educated Consumers Spend More
White Paper on the Effects of Product Protection on Consumer Confidence and Willingness to Pay
Continue reading
Personal Safeguards Group Releases 2020 Service Contract Industry Projections
UPDATE: The shutdown driven by the CoronaVirus will greatly impact every category in 2020. This should be viewed as a run rate prior to the shutdown.
For 2020 Personal Safeguards Group projects over $61b at retail for consumer related service contracts.
Automotive continues to lead the industry in terms of gross revenue with 2020 projected at over $33b for Vehicle Service Contracts and over $6.4b for Ancillary products.
Continue reading
Subscribe to WarrantyNews
No need to wait to see the latest Warranty related news.
Click here to receive email notifications when new articles are published.
10th Annual Extended Warranty & Service Contract Innovations National Forum
10th Annual Extended Warranty & Service Contract Innovations National Forum
Extended Warranty & Service Contract Innovations is your gateway to learning new tools and strategies across industries to streamline operations, improve customer service, optimize your marketing & sales programs, and ensure compliance with evolving regulations.
The community focuses on how to drive down costs and think creativity about new ways to provide value and expand market share. See more at: https://www.warrantyinnovations.com
Use discount code WN300 to get a $300 discount off the price of registration.
Justin Thomas Joins PayLink Direct as its new President & COO
CHICAGO, IL
April 30, 2019
PayLink Direct, one of the extended service contract industry’s largest financial service providers of payment plan programs and transaction processing, is pleased to welcome Justin Thomas as its new President & COO.
Continue readingMastercard Adds New Benefits for World and World Elite Cardholders
The new benefits with Lyft, Fandango and Boxed will replace Mastercard’s extended warranty and price protection programs.
Full Article: https://www.nerdwallet.com/blog/credit-cards/mastercard-adds-new-benefits-world-world-elite-cardholders/
OnPoint Warranty Closes Series A Funding Round
Investment in Business Positions Company for Growth
OnPoint Warranty Solutions, LLC, a leading provider of underwriting, service contract, and manufacturer’s warranty programs, plus logistics and service administration, has closed on its Series A funding from prominent Louisville business investors.