Category Archives: Tools & Equipment

The Meramec Secure® Platform helps InsurTech, FinTech, OEM, and Product Sellers meet client demand for insurance-backed guarantees or warranties

The markets are littered with companies making big, bold promises that then go out of business with nothing to support their promise.

“Everyone has a warranty or guarantee, but what backs it – that’s what your prospects and clients want to know.”

The Meramec Secure® Platform enables the creation of customized solutions tailored to the needs of InsurTech, FinTech, OEMs, and Product Sellers across a variety of products, services, and solutions.

This includes traditional product warranties and service guarantees, as well as platform guarantees for performance, usage, uptime, and service-level commitments (SLAs), along with options for redeploying contractual obligations, early termination, warranties, and refunds.

Make your product, service, or solution stand out in a crowded market.

Determining the appropriate insurance policy and structure to support your objectives in a compliant and valid way is extremely important. Meramec Secure® supports clients in reviewing options and solutions to support the program from initial design through implementation.

Contact Meramec Secure

Mike Frosch, President

email: mike@meramecsecure.com

book an online meeting at:  calendly.com/mike-frosch

website: https://meramecsecure.com/

#meramecsecure #insurtech #fintech #saas #warranty #guarantee #oem

See Who’s Coming to the 16th Annual Extended Warranty & Service Contract Innovations Conference!

250+ Warranty Executives Already Registered

www.warrantyinnovations.com

The only event where innovation meets impact in extended warranties and service contracts. Whether you are focused on vehicles, homes, appliances, electronics, mobile, or other specialty markets, this is where leaders gather to share the strategies that future-proof products and services. Meet 250+ executives to learn who’s doing what and how!

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The 16th Annual Extended Warranty & Service Contract Innovations Conference

The 16th Annual Extended Warranty & Service Contract Innovations Conference https://www.warrantyinnovations.com/ returns to Chicago, hosted at the legendary Drake Hotel on October 27-28, 2025. 

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Washington State Service Contract Provider Update

Effective July 27, 2025, Washington State will allow service contract providers to use multiple reimbursement insurance policies (CLIP) as forms of indemnity.

Service contractor providers may now use more than one reimbursement insurance policy (CLIP) as a form of indemnity. A service contract must be insured by only one CLIP. You can’t insure the same service contract on more than one CLIP; however, you can use multiple CLIPs to cover the same category of service contract.

Source Article: https://www.insurance.wa.gov/insurers-regulated-entities/company-registration-and-renewal/company-registration-and-renewal-service-contract-providers

Meramec Secure® Launches “TPA in a Box” Platform to Empower Retailers and OEMs with In-House Service Contract Programs

Meramec Secure, a national leader in specialty insurance and service contract solutions, proudly announces the launch of its innovative TPA in a Box platform.

This comprehensive solution is designed to assist retailers and original equipment manufacturers (OEMs) in establishing and managing in-house service contract programs efficiently and effectively, and is perfect for:

  • Furniture & Lighting
  • Major Appliances
  • Small Appliances
  • Major Electronics
  • Portable Electronics
  • Sporting Goods & Exercise Equipment
  • Jewelry & Watches
  • Prescription & Sunglasses
  • Power Tools
  • Lawn and Garden
  • Almost any Consumer Product is Eligible
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How the Meramec Secure® Platform Supports Companies Bringing Financial Strength to Their Guarantees and Warranties

With new innovative services and products comes a certain degree of uncertainty about whether the company making the promise can truly fulfill its commitments. Everyone can relate to companies offering incredible guarantees or warranties that are now out of business, or those making service promises that don’t deliver.

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Using a Contractual Liability Insurance Policy (CLIP) for Limited Warranties or Service Guarantees

Businesses offering Limited Warranties or Service Guarantees frequently encounter the question, “What backs this warranty or guarantee?”

This question is critical to clients seeking peace of mind that something supports the warranty or guarantee beyond the company’s promise. In some cases, clients will not do business with a company that doesn’t have adequate backing for its promise or guarantee.

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Marcone Unifies Nationwide Technician Training

Program designed to boost industry expertise through shared standards

St. Louis, MO. (August 27, 2024) – Marcone announced its nationwide fall training program for technicians who rely on the distributor for equipment, repair parts and solutions in the appliance, HVAC, commercial kitchen, plumbing and pool/spa industries.

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The Plateau Group and Scag Power Equipment Unveil Scag Extended Warranty Program

Tennessee, March 26, 2024 – The Plateau Group, a forty-year insurance solutions provider, and Scag Power Equipment, a leading manufacturer of commercial and residential lawn mowers and turf management equipment, proudly announces a strategic collaboration to introduce the brand-new Scag Extended Warranty Program. This joint initiative aims to elevate Scag’s industry leading reputation for quality and performance, offering distinctive advantages to both buyers and dealerships.

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Amynta Appoints Brett Davis Chairman of Specialty Equipment Insurance Services

Amynta Group announced the appointment of Brett Davis as Non-Executive Chairman of Specialty Equipment Insurance Services (SEIS), Amynta’s heavy equipment protection and insurance services business.

Full Release: https://www.prnewswire.com/news-releases/amynta-appoints-brett-davis-chairman-of-specialty-equipment-insurance-services-301706422.html