At Warrantech, we look at each service assignment as a unique opportunity that requires an equally unique ability to provide the ideal solution for each client. That’s why Warrantech’s Consumer Products Group is always the perfect partner.
The Warrantech Advantage When choosing a provider for your extended service plan (ESP) program, it’s important to consider someone with the ability to adapt quickly to your company’s unique needs. The market moves fast and your ESP administrator has to be able to keep up in order to meet the growing and fluctuating demands of your business.
Sean Stapleton, president & CEO of Warrantech, recently spoke with Dealerscope magazine regarding current company initiatives. Here’s an excerpt of what he had to say in “Making the Warranty Connection,” which explores how “extended service plans are resonating more than ever with cash-careful consumers” and how Warrantech intends to give them and retailers the best deal for their money.
Sean Stapleton, Warrantech president and CEO, recently took part in an executive forum with TWICE magazine. Here’s what he had to say in response to the following question:
Product failures are inevitable. There’s no way to avoid them. But when they do happen, the way in which they are handled can have a far greater impact and help turn a bad experience into a positive, long-lasting impression.
Extended warranty, often known as extended service plans can be an expenditure that you tends to make to shield the actual appliances along with electronic gadgets against unpredicted accidental destruction in addition to physical problems following the manufacturer’s warranty finishes. Warrantech continues to be at the forefront since 1983 to offer the greatest strategies in addition to extended warranties against a selection of products and that means you never need to worry and do without your gadgets that these days become our life line.
If you think that having to purchase an solely new object or maybe making expensive repairs would drain your account or leave you with a mountain of credit debt, then you need to certainly check into an extended service plan (ESP). It can in fact boost the price of your product as opposed to being a economic burden if perhaps something does go wrong. By having an extended service plan, you’re fundamentally moving chance towards the firm that sold it to you and trading it in for peace of mind. Irrespective of the product’s cost, having a smaller sized monthly ESP payment rather then an unusual, huge repair bill is usually a wise investment that can help stop you from going broke.
Extended warranty in response to Warrantech is but one way of safeguarding your investment decision you have intended for any kind of top end gadget say for example a auto or perhaps electronics which can demand restoration and also replacement of components in the end.
Extended warranty in response to Warrantech is but one way of safeguarding your investment decision you have intended for any kind of top end gadget say for example a auto or perhaps electronics which can demand restoration and also replacement of components in the end.
Warrantech Consumer Product Services, a subsidiary of Warrantech Corporation, today announced that 11 companies are recipients of the company’s Best of the Best award. The prestigious awards were presented by Joel San Antonio, CEO of Warrantech Corporation and Sean Hicks, the Master of Ceremonies for the event.
Extended Warranty giant, Warrantech not only takes care of your warranty needs but also keeps providing tips and suggestions to maintain your automobiles and electronic items in their best health
With more than 30 years of leadership in service contract administration, Warrantech is comprised of industry veterans who average more than 23 years of experience in program evaluation and design.
AmTrust Financial Services (AFSI), the parent company of Warrantech, recently announced continued growth of operating earnings and strong operating on equity for the second quarter ended June 30, 2015.
Warrantech is proud to now offer dealers and customers alike the finest overall RV program in the industry — CampersEdge. As industry leaders since 1983, Warrantech developed CampersEdge to strike the perfect balance between providing comprehensive coverage choices while keeping it simple to use.
Warrantech is a subsidiary of AmTrust Financial Services, Inc., one of the strongest and most financially stable companies in the industry. AmTrust brings this financial strength to Warrantech, which allows us to offer customizable plans and benefits that most competitors simply cannot provide.
Warrantech has developed a revolutionary new customer loyalty program for its partners that is designed to generate both recurring protection plan revenue and long-term customer retention.
Amynta recently integrated the operations and back office platform of its automotive warranty businesses, which include Warrantech, Warranty Solutions and OwnerGuard. While each existing brand remains, the integration and planned investments will continue to have clear and measurable benefits for employees, agents, dealers and other stakeholders.
AMT Warranty and its subsidiary Warrantech's view is that the recent "brand building" business models employed by many administrators in the industry serve only to benefit the administrators and not their retail partners. This belief is derived from our core philosophy about the purpose of service contract programs.
Yesterday at the Third Annual GWSCA Seminar on Warranty and Service Contracts in Chicago, Illinois, Warrantech’s parent corporation, AMT Warranty Corp, Inc., won the particular award for “Innovation in Warranty” for the “Complete” program.
While Krietz Auto has been in business 35 years and was Maryland’s nominee for the 2017 National Quality Dealer award, it was only a year and a half ago that Charles Krietz met with Mike Sims of NIADA CPO administrator Warrantech to discuss getting involved in the program.
Sean Stapleton, president and CEO of Warrantech/AMT Warranty will be presenting at the 2015 Warranty Chain Management Conference on March 11 in Miami. The following is an excerpt fromWarranty Week in anticipation of the event.
Warrantech’s parent business, AmTrust Financial Services, Inc. (AFSI) today announced 2nd quarter 2016 net income as a result of common stockholders was $134.8 million, or $0.78 per diluted share, when compared with $70.7 million, or $0.42 per diluted share, within the second quarter 2015.
AmTrust Financial Services (AFSI), the parent company of Warrantech, issued fourth quarter earnings this morning with strong financial results once again, both in top line revenue/premium growth (36.8%) as well as in bottom-line profitability. Most impressively, it is the third quarter in which the company has generated over $1 billion in gross written premium.
Using the app, customers can purchase protection on a number of connected devices including smart TVs, tablets, connected thermostats, smart speakers, hubs and network routers against power surge, mechanical breakdown and accidental damage.
Selling your customers something straight off the shelf can be fast and convenient. But it can also mean that you’re running the risk of offering a run-of-the-mill product that wasn’t necessarily designed for them or for your business. The best way to differentiate yourself and drive business growth is to offer something that no one else has — something that everyone will want.
I was a little unsure about purchasing this accident plan for my new tablet. However, my tablet fell off an elliptical trainer and was trapped between the moving metal arms of the machine.
Regular maintenance can help keep your appliances running at their very best. But it’s just part of the equation. What do you do when the inevitable happens and the refrigerator or HVAC system that you depend on every day eventually breaks down? As a backup plan, numerous service technicians suggest that you look into an extended service plan (ESP) as a way of saving time and money on repairs – and making sure that your home appliances not only run right, but last.
Let’s face it: when it comes to make a choice on business security devices and gadgets for your business security management system, there are a lot of choices in the market. Everyday numerous security provider companies are coming up with their security software’s and gadgets with different types of security features for your business’s security management system.
If you only intend on having the car for a few years, a long-term contract probably isn’t on your radar. However, if you plan on driving your vehicle for a long time then you definitely want a VSC. It’s a great complement to an older vehicle that’s no longer under warranty.
One day as he drove to work, Chris Johnson noticed there were so many dealerships along the road that it looked like one huge car lot. “You could not tell where one began and the other finished,” said Johnson, owner of 6th Gear Auto Sales in Fort Worth, Texas.
Together with SAP Hybris, the CMO Council last year conducted an online survey of 2,000 respondents, equally divided between men and women. Fifty percent were in the United States, and 25 percent each resided in Canada and Europe.
Operating earnings were $121.4 million, or $1.45 per diluted share, an increase of 24.6%, compared to $97.4 million, or $1.24 per diluted share, in the first quarter of 2014. First quarter 2015 net income attributable to common stockholders grew to $154.7 million, or $1.85 per diluted share, an increase of 54.9% from $99.9 million, or $1.27 per diluted share, in the first quarter 2014.
"The NIADA Certified program allows independents to play on an even field with the new car dealers," said NIADA Senior Vice President Frank Fuzy. "It's 50 percent easier to sell a car that's been certified and has a warranty, and we know that today every sale counts!"
Our fourth quarter caps a strong year in which we completed and integrated several strategic acquisitions, delivered higher investment returns, achieved record revenue, strengthened our balance sheet through preferred stock issuances, returned more than $262 million of capital to shareholders in the form of common share repurchases and dividends, and produced book value per share of $15.15 at year-end, an increase of over 17% from a year ago,” said Barry Zyskind, Chairman and Chief Executive Officer, AmTrust.
Our fourth quarter caps a strong year in which we completed and integrated several strategic acquisitions, delivered higher investment returns, achieved record revenue, strengthened our balance sheet through preferred stock issuances, returned more than $262 million of capital to shareholders in the form of common share repurchases and dividends, and produced book value per share of $15.15 at year-end, an increase of over 17% from a year ago,” said Barry Zyskind, Chairman and Chief Executive Officer, AmTrust.
It’s inevitable. No matter how well your home appliances are built, at some point they will reach their life expectancy and stop working. So can you afford to be without yours for long? Do you have a backup plan in place? And, more importantly, do you have enough money saved up to cover the repair or replacement?
It’s inevitable. No matter how well your home appliances are built, at some point they will reach their life expectancy and stop working. So can you afford to be without yours for long? Do you have a backup plan in place? And, more importantly, do you have enough money saved up to cover the repair or replacement?
This really is the most commonly asked questions we get in addition to one which causes plenty of confusion between buyers. Basically, a warranty is an commitment to make just about any maintenance as well as change defective components within a particular time period after purchase - a 90-day warranty, for example. It truly is provided by the producer or even dealer in addition to contained in the purchase price of the product. By comparison, a service contract/plan is a separate agreement meant to offer protection following the manufacturer’s warranty expires.
AmTrust Financial Services, Inc. (AFSI) today announced continued growth of operating earnings and strong operating return on equity for the first quarter of 2016.
A new report from Colonnade Advisors details the significant interest among investors and consolidators in the vehicle service contract industry. The following is an excerpt from the appendix of the whitepaper, which provides an in-depth look at the trends and growth drivers behind this expanding market.
TORONTO, September 24, 2015 – Sym‐Tech Dealer Services (the “Company” or “Sym‐Tech”) announced today that AmTrust Financial Services, Inc. (NASDAQ: AFSI), through its subsidiary AMT Warranty, has partnered with Sym‐Tech through a minority investment in the Company.
As a retailer, you know that extended service or warranty plans are a natural product offering for your business. They’re both comforting to consumers and profitable from a business perspective.
As a retailer, you know that extended service or warranty plans are a natural product offering for your business. They’re both comforting to consumers and profitable from a business perspective.
Keep Your Focus on the Future With a Certified Pre-Owned Program That Gives Independent Dealers an Edge With Millennial Car Buyers An axiom of military history says that generals spend all their time planning to fight the last war, making them ill-prepared for the next war. That same thing is happening with vehicle dealers today. They are planning for the future as they did with the past.
An axiom of military history says that generals spend all their time planning to fight the last war, making them ill-prepared for the next war. That same thing is happening with vehicle dealers today. They are planning for the future as they did with the past.
In the world of extended service plans (ESPs), extended warranties, or service and parts replacement programs, many consumers have become immune to the common tactics used to sell these programs.
Purchasing a vehicle service contract can be a confusing and intimidating process. There’s a lot to consider and, in some cases, a lot of money involved. That’s why we’re here to help take the guesswork out of the decision-making process and make sure you get exactly what you’re looking for. It’s easy.
You did it. You finally worked up the gumption to buy the one product you’ve debated purchasing for months. Whether it is a brand new car, technologically advanced appliance or the latest electronic gadget, you’ve made it through second guesses, financial calculations and a lengthy checkout line to finally make your purchase.