Capital Auto Protection Services will form a warranty financing company with the help of billing, digital payments and financing technology provider Input1. +
Industry veteran Robert Steenbergh believes that, as vehicle affordability continues to erode and financing terms push into uncharted territory, biweekly payment servicing is quietly evolving into a meaningful reinsurance premium. +
Citing agent and dealer demand, CornerStone United created Core360 to combine its new and used vehicle service contract programs into one streamlined offering. +
Protective’s Rick Kurtz urges dealers and agents to maximize F&I product sales by treating every presentation as an opportunity to help customers manage affordability and mitigate risk. +
A strategic investment is designed to expand the reach of TecAssured’s protection product lifecycle management software and accelerate innovation in agent- and provider-facing solutions. +
The latest benchmark report from StoneEagleDATA finds U.S. dealers enjoyed a 10% increase in F&I income in July as deal count volume rebounded from a relatively slow June. +
Zoom Auto Protect has unveiled a new claims and concierge platform that promises instant coverage decisions, nationwide service center integration and enhanced customer satisfaction. +
Can dealers offer a lower APR to customers who buy service contracts? From a compliance perspective, it’s possible, but it’s complicated. Attorney and Mosaic Compliance Services CEO Jim Ganther explains.
Assurant Vehicle Care Technology Plus is a new service contract offering coverage for high-tech in-vehicle components as well as common repairs to the customer’s smartphone. +
Protective Asset Protection’s “groundbreaking” DOWC RE structure was designed to combine the benefits of traditional reinsurance programs with those of a dealer-owned warranty company. +
