Personal Safeguards Group (PSG) Supports Creation of a New Consumer Products Service Contract Provider

PSG provided support in every step of forming and operating a new service contract provider in North America. PSG leverages deep contacts in the warranty industry to help facilitate the entry into the space.

PSG’s roadmap includes support with:

  • State level service contract requirements
  • Financial guarantee options (CLIP/SCRIP)
  • Sales and claims administration processes
  • Creation of rates and reserves
  • Creation of forms and coverages
  • Selecting administration technology
  • Repair infrastructure options

The PSG process is designed to support Independent Providers, Original Equipment Manufacturers (OEM) and Retailers. OEMs and Retailers can in-source or outsource individual elements of their program for their Service Contract Program allowing individual structures to address revenue recognition issues, customer experience & lifetime value and overall program design and development.

Process Flow to Form Warranty Company

Contact Personal Safeguards Group for more information. https://personalsafeguardsgroup.com