Extended Warranty Leader Warrantech Adds Several Automotive Wins Roping in new organizations and providing new partnerships to its clients has almost become a habit with Warrantech. Providing excellent customer and after sale services has always been a core competency of Warrantech. With the addition of top notch car manufacturers in Warrantech's profile the brand value of Warrantech has taken a big stride. Earlier this year, it was announced that Warrantech would be pursuing OEM partnerships with several automakers. Today, the company is proud to announce that those efforts have paid off in abundance as Warrantech has been awarded new business contracts with General Motors and Chrysler. Additionally, Warrantech will be providing administration services on behalf of Bentley, McLaren and Aston Martin. “We are honored to be able to partner with these outstanding organizations,” said Sean Stapleton, Warrantech President and CEO. “It not only speaks highly of our product offerings and ability to meet the demands of our clients, it shows how Warrantech has further established itself as an industry leader. We continue to earn the respect of some of the biggest names in the business that turn to us because of our strong industry expertise, brand recognition and reliable service.”
The OEM business wins complement Warrantech’s existing automotive portfolio, which includes OEM warranty plans with Mazda and Volvo, as well as aftermarket services with Pep Boys and NIADA. These new partnerships are also largely in thanks to the company’s ability to combine its innovative administrative services and industry knowledge with the financial strength of AmTrust. “Being vertically integrated allows us to draw on our parent company's underwriting experience to make sure that products are properly rated so the dealer can reap the rewards while still allowing the customer to take full advantage of the features and benefits,” said Chris Murphy, Executive Vice President of Automotive Sales for Warrantech. “The first goal is to make sure the dealer is happy but also to give the customer the most coverage they can possibly purchase.” The dealerships for these businesses will be able to fully leverage Warrantech’s sales staff and customer support center, as well as a robust array of online tools that provide rapid response to each customer’s needs, including quotes, contract issuance, reporting and remittance, coverage verification and claims.
About Warrantech - Warrantech administers and markets service contracts and after-market warranties on automobiles, automotive components, recreational vehicles, appliances, consumer electronics, computers and computer peripherals for retailers, distributors and manufacturers.