Category Archives: Insurance Carriers

CNA Announces Management Changes in Enterprise Risk Management and Warranty

Al Miralles, who served as CNA’s Chief Risk Officer since 2017, has been appointed President of CNA Warranty.

Full Release: https://www.prnewswire.com/news-releases/cna-announces-management-changes-in-enterprise-risk-management-and-warranty-300938909.html

Generali US Branch launches specialty insurance division – begins offering warranty services worldwide

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.

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AM Best Affirms Credit Ratings of Fortegra Financial Corporation’s Insurance Subsidiaries

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of the rated operating subsidiaries of Fortegra Financial Corporation.

Full Release: https://www.businesswire.com/news/home/20190719005256/en/Affirms-Credit-Ratings-Fortegra-Financial-Corporation%E2%80%99s-Insurance

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.

Kingsway Announces Warranty Company Acquisition

ITASCA, IL, March 4, 2019 /PRNewswire/ – (NYSE: KFS) Kingsway Financial Services Inc. (“Kingsway” or the “Company”) today announced it has closed on its acquisition of Geminus Holding Company, Inc. (“Geminus”), a specialty, full-service provider of vehicle service contracts (“VSCs”) and other finance and insurance (“F&I”) products to used car buyers around the country.

Full Release: https://www.prnewswire.com/news-releases/kingsway-announces-warranty-company-acquisition-300805470.html

AmTrust Signs Agreement with PCMI to Automate and Enhance Reinsurance

New System Will Provide Additional Information and Analytics Driving Enhanced Risk Management and Increased Transparency.

NEW YORK, January 23, 2019 – AmTrust Financial Services, Inc.(“AmTrust” or the “Company”) today announced the Company has signed an agreement with PCMI Corporation (Policy Claim Management International), the leading provider of integrated software solutions for the administration of F&I Products, Service Contracts, and Extended Warranties. Through the agreement, AmTrust will implement PCMI’s Policy Claim and Reporting Solutions™ (PCRS) – Reinsurance Module, which will provide AmTrust clients with an easy to use, robust reporting solution for their reinsurance businesses.

Full Release: http://www.pcmicorp.com/2019/01/amtrust-signs-agreement-with-pcmi-to-automate-and-enhance-reinsurance/

FORTEGRA EUROPE INSURANCE COMPANY LIMITED RECEIVES INITIAL A.M. BEST RATINGS

A.M. Best assigns Fortegra subsidiary FEIC Ltd. a Financial Strength Rating of A-

By Sanjay Vara, Executive Vice President & Chief Underwriting Officer Jan 15, 2019 10:00:00 AM

JACKSONVILLE, Fla. (January 15, 2018) – Fortegra Financial Corporation (“Fortegra”), a leading international specialty insurer and subsidiary of Tiptree Inc. (“Tiptree”), today announces that Malta-based Fortegra Europe Insurance Company Limited (FEIC Ltd.) has received an A.M. Best Financial Strength Rating of A- (Excellent). FEIC Ltd. also received an initial Long-Term Issuer Credit Rating of A- with the outlook assigned to both ratings listed as stable by the global rating agency.

“We are proud to have yet another subsidiary earn an Excellent A.M. Best rating,” said Fortegra Executive Vice President and Chief Underwriting Officer Sanjay Vara. “A.M. Best is the world’s preeminent authority on insurance ratings, and this A- rating is a reflection of our financial strength and stability.”

Headquartered in Malta, FEIC Ltd. was established in 2018 to write warranty and specialty motor insurance in several European markets.

For details on FEIC Ltd.’s initial ratings, see A.M. Best’s official announcement. To learn more about Fortegra products and services, visit fortegra.com.

About Fortegra

Fortegra Financial Corporation (a Tiptree Inc. company) and its subsidiaries comprise a single-source insurance services provider that offers a range of consumer protection options including warranty solutions, credit insurance, and specialty underwriting programs. Delivering multifaceted coverage with an unmatched service experience for domestic and international partners and their customers, Fortegra solves immediate, everyday needs, empowering consumers to worry less and Experience More.

Microsoft Renews Extended Protection Services Agreement with AmTrust

AmTrust Financial Services, Inc. announced today at the CES Show in Las Vegas that it has extended its partnership providing protection plans to Microsoft customers for an additional four years.  The parties have had a contractual relationship since 2009. 

Release: https://globenewswire.com/news-release/2019/01/07/1681256/0/en/Microsoft-Renews-Extended-Protection-Services-Agreement-with-AmTrust.html