Tag Archives: Service Contract

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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The 14th Annual Extended Warranty & Service Contract Innovations National Forum

Chicago, Illinois – October 17-18, 2023

Announcing the all-new agenda covering all the topics you have asked for! This year The 14th Annual Extended Warranty & Service Contract Innovations National Forum is moving to Chicago on October 17-18, 2023, at the Palmer House Hilton. This highly acclaimed, cross-industry event covers innovations in customer service, new product development, data & technology, operations, marketing & sales, legal & regulatory, finance & insurance.

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Nevada Division of Insurance provides answers to frequently asked questions surrounding Service Contracts

Comprehensive Press Release from Nevada related to Service Contracts

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New PCMI Whitepaper Releases: Driving Extended Warranty & Service Contract Revenue Growth Through the Use of Automation

Data-packed insights from a research study among Warranty and Aftermarket Service professionals looking at the role of software applications that automate the configuration, administration, and management of EW/SC programs in driving revenue growth.

  • The role of software applications in selling extended warranties and service contracts
  • Servitization and how technology can optimize the customer experience
  • How the right sales and marketing strategies can increase revenue growth

Read the Full Whitepaper: https://www.pcmicorp.com/whitepaper-driving-extended-warranty-and-service-contract-revenue-growth-through-the-use-of-automation-form/

Why Warranty Providers May Explore CCPA Exemption

By Brian Casey, Theodore Augustinos, and Alex Cox

Four years ago, the California Consumer Privacy Act[1] created a new, rigorous regulatory and data processing environment for businesses processing personal information of California residents.

However, many questions about the implementation of the CCPA, and its amendments through the voter ballot initiative of the California Privacy Rights and Enforcement Act of 2020,[2] still abound.

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Arch Insurance Announces Entry Into Consumer Product and Home Warranty Markets

Offering provides unique North American insurance and obligor solutions including custom underwriting, data analytics and full compliance support

Arch Insurance today announced its entry into the Consumer Product and Home Warranty markets. With this offering, Arch will focus on its “underwriting only” partnership approach for original equipment manufacturers (OEM), third party administrators, obligors and insurtechs by providing underwriting, compliance, data analytics and nationwide obligor access.

Full Release: https://www.businesswire.com/news/home/20210107005525/en/Arch-Insurance-Announces-Entry-Into-Consumer-Product-and-Home-Warranty-Markets

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Bruviti’s New SmartService Pack Reduces Service Costs for Home and Extended Warranty Companies

November 17, 2020

Latest AI-powered predictive service application is optimized for the needs of extended warranty companies, home warranty companies and their service contractor networks looking to improve the service experience for the consumer while reducing service costs

CAMPBELL, Calif. —November 17, 2020— Bruviti, a provider of AI-driven predictive analytics applications for manufacturers of appliances and commercial equipment, announced the availability of the Bruviti SmartService Pack for Home Appliances. This new offering synthesizes Bruviti’s extensive home appliance diagnostic and repair knowledge into a comprehensive AI-powered application that enables service contract providers such as extended warranty companies and home warranty companies to quickly diagnose and fix home appliances while reducing costs.

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Consumer Reports Once Again Dismisses Extended Warranties

Never a fan of Extended Warranties (Service Contracts), Consumer Reports once again published an article against buying Extended Warranties.

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To Buy a Service Contract or Not to Buy a Service Contract – That’s the Question

http://warrantychainmanagement.com/to-buy-a-service-contract-or-not-to-buy-a-service-contract-thats-the-question/

Should you buy an extended warranty?

Although it is tempting to want to protect yourself, you need to consider if the cost is worth the protection these warranties provide

Source:  http://www.azcentral.com/story/money/business/contributor/2016/06/06/should-you-buy-extended-warranty/85283922/