Warrantech Adds Development and Training Program to its Automotive Sector Offerings BEDFORD, Texas (Feb. 5, 2011) – Warrantech Corporation (Warrantech) today announced a new service capability from its automotive sector, as well as the addition of two sales and business development executives to the organization. Warrantech is new service offering, a unique training and development program, is geared toward automotive, power sports, and recreational vehicle dealers to help diagnose and cure profit leaks in dealerships. Utilizing in-depth evaluations of a dealership, programs are custom-tailored to drive sales and profits to new levels. “We’re bridging the gap between the classroom and showroom with this new service offering,” said Dominic Sans one, president, automotive sector, Warrantech “We become an effective consultative resource for dealerships by designing custom programs utilizing the latest technology that not only help improve their profitability, but generate enthusiasm, positive attitudes and an overall commitment to excellence among the sales , finance and service staffs.” R. Michael Burgholzer, Warrantech new senior vice president, dealer development, is managing the dealer training and development program. Burgholzer brings more than 20 years of experience in leadership positions within the automotive industry.
“We’re excited and fortunate to add a talent like Mike to the Warrantech organization. His experience and expertise will allow us to focus on developing a successful program that addresses a growth area within the automotive industry,” Sans one said. Warrantech also added Chris Murphy as executive vice president of sales for its automotive sector, reporting to sans one. Murphy is a 23-year veteran of the automotive industry with a primary focus on developing sales and market strategy for automotive products in the general agent and dealer markets. About Warrantech Warrantech Corporation 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. Warrantech is a subsidiary of Am Trust Financial Services, Inc., a multinational property and casualty insurance holding company specializing in coverage for small businesses and extended warranties, with the Am Trust Group of insurance carriers rated “A” (Excellent),
But, rather than waiting until the unthinkable happens, Stapleton advises to read the service contract before it’s purchased to avoid potential problems down the road. “Check the fine print for a third-party provider and consider the reputation of the company,” Stapleton said. “Look for an address to write to or a phone number you can call if there are issues.” Consumers are spending more on electronics and other big-ticket items than ever before, so ESPs are becoming increasingly important – as long as they will be there when they are needed. On its consumer protection website, the Federal Trade Commission urges shoppers to read warranty and ESP paperwork and look for answers to the following questions: - How long does the warranty and ESP last? - Who do I contact to get warranty and ESP service? - What will the company do if the product fails? - What parts and repair problems are covered? - Are there any conditions or limitations on the warranty or ESP?
By asking these questions upfront and ensuring that their ESPs are backed by a reputable third party, shoppers can gain peace of mind that their purchases will be covered – even if a favorite retailer permanently closes. 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. Warrantech ESPs are underwritten by sister company Am Trust Group insurance carriers, rated “A” (Excellent) by A.M. Best Company for their financial strength and stability.