Tag Archive | "Safe-Guard Products International"

Atkinson to Pull Double Duty at PALS 2016

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Jimmy Atkinson, COO of AUL Corp., will serve as a panel moderator and closing keynote speaker at the 2016 event, which will be held Aug. 30–31 at Paris Las Vegas.

Atkinson’s panel, “Threats Facing the F&I Industry,” will begin at 2:05 p.m. on Tuesday, Aug. 30. He will be joined by National Automotive Experts’ David Neuenschwander, David Pryor of Safe-Guard Products International, Mike Saint of Assurant Risk Management, and National Auto Care’s Tony Wanderon.

“TPAs today are facing multiple threats, from moving our products into a dealer’s digital marketplace to adapting and adjusting to rapidly changing technology in the vehicles we cover,” Atkinson said. “How to make the leap in a profitable way is a big challenge, and I’m excited to lead a panel of some of the most successful folks in our industry to address these issues.”

At 3:15 p.m. on Wednesday afternoon, Atkinson will deliver “The Pre-Owned Correction and F&I’s Big Opportunity,” the closing keynote address for P&A Leadership Summit as well as the co-located Industry Summit. He is expected to discuss the imminent correction that will inject large numbers of high-mileage vehicles into the used-car market and how, with proper planning, product providers, agents and dealers can take full advantage.

“With decades of experience and a track record of success, Jimmy is precisely the type of executive and leader our event was designed to showcase and serve,” said David Gesualdo, show chair and publisher of P&A magazine. “We have nothing but the highest of expectations for both sessions.”

To register for the 2016 P&A Leadership Summit, click here. To inquire about sponsorship and exhibition opportunities, contact David Gesualdo via email hidden; JavaScript is required or at 727-947-4027.

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The Warranty Group, Safe-Guard Extend Underwriting Agreement

Chicago — The Warranty Group announced the extension of a multi-year agreement with Safe-Guard Products International. Under the agreement, The Warranty Group, through its wholly-owned subsidiary Virginia Surety Company Inc., will provide underwriting and actuarial services for the F&I products Safe-Guard Products provides to its strategic partners in the United States and Canada. These accounts include the most recognized automobile brands in the world, as well as several of the Top 125 national dealer groups in the United States, according to officials

“Safe-Guard Products is a long-standing partner of The Warranty Group,” explained Justin Thomas, senior vice president for The Warranty Group. “This contract extension further strengthens the relationship between two industry leaders. We’re pleased to continue supporting Safe-Guard Products’ commitment to providing unparalleled service and the highest quality F&I products in the industry.”

The Warranty Group has been providing underwriting and actuarial services to Safe-Guard Products in the United States and Canada for nearly 10 years.

“Extending our contract with The Warranty Group was an important part of our growth plan,” said Randy Barkowitz, CEO, Safe-Guard Products International. “Our shared commitment to comprehensive protection solutions and exceptional customer service make The Warranty Group a preferred partner for our underwriting needs.”

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Safe-Guard Partners with Toyota Financial Services

Atlanta – Safe-Guard announced a new partnership with Toyota Financial Services and Lexus Financial Services. Tire & Wheel Protection plans administered by Safe-Guard will now be available to Toyota and Lexus buyers and lessees in dealer showrooms beginning December 9.

Developed through a partnership with Toyota Financial Services and in collaboration with Toyota and Lexus dealers, plans include:

  • Full tire replacement (no plugs or patches; customers receive a new tire with a qualified claim, including for run-flat and aftermarket tires)
  • Wheel replacement (when damage to the wheel prevents a seal between the tire and wheel)
  • No limit to the number of claims; no aggregate dollar limit
  • Towing Reimbursement (up to $100 when road hazard damage to the tire or wheel)
  • Related costs for labor and fees
  • One time transferability of benefits should the Toyota or Lexus vehicle be sold to a private party

Through this plan, dealers will also have an option to offer cosmetic wheel repair for wheel scuffs and dings1, as well as an option to offer Paintless Dent Repair and Windshield Repair.

“We’re pleased to have partnered with Toyota Financial Services to build and offer this whole new level of customer care,” said Dave Duncan, president, Safe-Guard. “Americans are spending more time on the road; average commute time is over 25 minutes with over 10 million people commuting an hour or more to work each day, and tire and wheel replacement can be a substantial out of pocket expense. Safe-Guard’s Tire & Wheel products add safety, security and peace of mind for Toyota and Lexus customers in the event their tires or wheels become damaged as a result of a road hazard. And it’s a greater opportunity for dealers to increase sales, customer retention, and build Toyota brand advocates.”

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Safe-Guard Launches New Suite of Products to Provide Greater Opportunities for Independent Dealers

ATLANTA – Safe-Guard Products International LLC launched RideSafe, a suite of products designed specifically for independent dealerships. Safe-Guard’s RideSafe product suite is available immediately in most states.

“As the automotive industry continues to rally and recover from the economic downturn of late 2008 and 2009, independent dealerships are continuing to make great strides in gaining market share,” said Safe-Guard President David Duncan. “This growth is expected to endure into 2013 and beyond, and we believe it is important to recognize the business opportunity this affords both Safe-Guard and our partners.”

The RideSafe product suite includes a Vehicle Service Contract program, Tire & Wheel plus Roadside Assistance and GAP protection. RideSafe VSC provides four levels of coverage, powertrain to exclusionary, with short-term options designed specifically for the independent dealer.

RideSafe Tire & Wheel Plus Roadside Assistance offers short-term options and limited, but generous, claim maximums. Roadside Assistance is embedded in the product, so no motor club license is required. RideSafe GAP provides a comprehensive 150 percent Settlement GAP program.

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Safe-Guard Announces Bruce Herman as New CFO

ATLANTA – Safe-Guard Products International, LLC, announced that Bruce Herman has joined the organization as its CFO.

His career includes finance positions at various public and private companies, beginning with 16 years at Ford Motor Company, including 12 years with Ford Credit and Ford’s financial services operations. He then spent three years as treasurer of Hexcel Corporation, a $1.2 billion publicly traded manufacturing company with operations in the United States and Western Europe.

During the past 12 years, he served as CFO/CEO for three start-up ventures and turnaround companies sponsored by private equity investors. He has an MBA from Stanford University.

“Bruce is a strong addition to our executive team,” said Randall Barkowitz, CEO of Safe-Guard Products. “His diverse entrepreneurial and leadership experience will be important as we continue to grow our business.”

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Safe-Guard Announces Additions to its Sales and Claims Leadership

ATLANTA – Safe-Guard Products International, LLC announced two additions to its leadership team. Alan Moak joined Safe-Guard Products as vice president of claims, and Tony Catania was named director of sales, OEM and national accounts.

Moak is responsible for the complete administration of claims for all products offered by Safe-Guard, leading six teams whose associates support claims from initiation to resolution. He has more than 30 years of retail and insurance experience within the automotive industry.

Moak recently served as COO of the extended warranty business unit at Assurant, administering warranties on automotive and consumer goods across multiple locations and for various clients. He also spent 24 years working in family-owned dealerships as part owner and executive manager.

“Alan’s background complements the diverse, experienced leadership team at Safe-Guard,” said David Duncan, president, Safe-Guard Products. “He will continue to elevate our industry-leading customer service levels in claims administration.”

Catania is tasked with continuing to drive product sales and growth within current partnerships, and building relationships with new national and global partners. He has more than 20 years of industry experience, including expertise in dealership retail sales, territory management and OEM program development.

Catania previously spent more than 11 years with Allstate Dealer Services, most recently in the position of national sales manager, where he was responsible for OEM and national account business. He also has extensive experience in automotive retail, having worked in F&I and sales management.

“Tony is a driven and tested sales manager. As Safe-Guard increases its product portfolio and expands its global partnerships, he will be a key contributor to the company’s sales and income development team,” said Duncan.

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