APCO Holdings, home of the EasyCare®, GWC Warranty, Covideo® and SAVY® brands, has named David Vickers as the company’s new chief financial officer.
Source: https://globenewswire.com/news-release/2018/04/12/1469539/0/en/APCO-Names-David-Vickers-CFO.html
American Water Works Co. Inc. has made a $365 million purchase, it announced recently, acquiring Pivotal Home Solutions from Southern Co.’s Southern Co. Gas subsidiary.
Source: https://www.roi-nj.com/2018/04/12/industry/american-water-pays-365m-for-home-warranty-company/
Westlake Financial Services announces a new partnership with AUL Corp. (AUL), the nation’s premier warranty and vehicle service contract administrator. Bringing nearly 30 years of experience, AUL will now provide back-end servicing in 19 states for Secure One®, Westlake’s vehicle protection program.
Release: https://www.businesswire.com/news/home/20180313006291/en/Westlake-Financial-Partners-AUL
Article from Sean Murphy (Director, Product Development at Fortegra) listing three valuable service contract benefits.
Source: http://blog.fortegra.com/3-service-contract-benefits-that-boost-value-for-customer
At retail the US Consumer Service Contract Industry is approximately $53.7b
Breakdown by Segment Chart: https://warrantynews.com/wp-content/uploads/2018/03/Industry-Overview.png
Source: Personal Safeguards Group, LLC
ProSource, the largest audio, video, and integration buying group in the United States, announces the addition of Centricity as a group exclusive service partner.
Accomplishment Establishes AUL as One of the Top Independent Vehicle Service Contract Providers in the Nation.
Service and protection powerhouse Centricity, formerly Bankers Warranty Group and Bonded Builders Warranty Group, is pleased to announce members of its senior leadership team will serve as moderators and panelists for this year’s Warranty Chain Management Conference (WCM) to be held in San Diego, California, from March 6th through March 8th.
Source: https://centricity.com/blog/centricity-leadership-team-present-warranty-chain-management-conference/
Great article outlining common F&I practices that will put your dealership at risk.
J.D. Power announced the launch of J.D. Power Automotive Protection Products for new-car buyers. J.D. Power Automotive Protection Products include extended service warranties, tire protection, surface protection, GAP, key replacement, lifetime warranty, dent-and-ding, maintenance, high-tech coverage and windshield protection as an add-on.
Article: http://www.fi-magazine.com/news/story/2018/01/jd-power-enters-f-i-space.aspx
