Tag Archive | "Virginia Surety Company"

Lunt to Explain CFPB’s Effect on F&I Products


LAS VEGAS — The organizers of the annual P&A Leadership Summit have announced that The Warranty Group’s Aaron Lunt has agreed to brief attendees on the actions undertaken by the Consumer Financial Protection Bureau (CFPB) at the 2015 event, which is scheduled for Sept. 9–10 at Paris Las Vegas.

“We wanted to invite Aaron as a legal expert to give a CFPB update as it relates to the ‘I’ side of ‘F&I,’” said David Gesualdo, show chair and publisher of F&I and Showroom and P&A magazines. “We are grateful he accepted and we anticipate a gripping address.”

Lunt serves as assistant general counsel and head of regulatory affairs for The Warranty Group and its wholly-owned insurance subsidiary, Virginia Surety Company Inc. He also appeared as a panelist at the recent Compliance Summit Midwest in Chicago. His presentation, “The CFPB’s Impact on the F&I Industry,” is expected to include a clear explanation of the agency’s mission and scope, a summary of its activities and their effect on dealership F&I offices, and a glimpse into what the future might hold.

“Attendees can expect to walk away with a greater understanding of the CFPB, what actions they have taken to date and how the F&I industry may be impacted going forward,” says Lunt.

Registration is now open for the P&A Leadership Summit, a joint production between P&A and F&I and Showroom magazines. For more info, visit pa-leadershipsummit.com or contact David Gesualdo via email or at (727) 947-4027.

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Lunt to Explain CFPB’s Effect on F&I Products


LAS VEGAS — The organizers of the annual P&A Leadership Summit have announced that The Warranty Group’s Aaron Lunt has agreed to brief attendees on the actions undertaken by the Consumer Financial Protection Bureau (CFPB) at the 2015 event, which is scheduled for Sept. 9–10 at Paris Las Vegas.

“We wanted to invite Aaron as a legal expert to give a CFPB update as it relates to the ‘I’ side of ‘F&I,’” said David Gesualdo, show chair and publisher of F&I and Showroom and P&A magazines. “We are grateful he accepted and we anticipate a gripping address.”

Lunt serves as assistant general counsel and head of regulatory affairs for The Warranty Group and its wholly-owned insurance subsidiary, Virginia Surety Company Inc. He also appeared as a panelist at the recent Compliance Summit Midwest in Chicago. His presentation, “The CFPB’s Impact on the F&I Industry,” is expected to include a clear explanation of the agency’s mission and scope, a summary of its activities and their effect on dealership F&I offices, and a glimpse into what the future might hold.

“Attendees can expect to walk away with a greater understanding of the CFPB, what actions they have taken to date and how the F&I industry may be impacted going forward,” says Lunt.

Registration is now open for the P&A Leadership Summit, a joint production between P&A and F&I and Showroom magazines. For more info, visit pa-leadershipsummit.com or contact David Gesualdo viaemail hidden; JavaScript is requiredor at (727) 947-4027.

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Virginia Surety Company, Inc.


175 W. Jackson Blvd.
Suite 1100
Chicago, IL 60604
T: 312-356-3000
www.TheWG.com

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Virginia Surety Announces Administrative and Marketing Agreement with Express Systems


CHICAGO – Virginia Surety Company, Inc. (VSC), a subsidiary of The Warranty Group, Inc., will provide underwriting and actuarial services for Express Systems, Inc.’s reinsured product offerings.

“We are excited to announce the expansion of a nearly 20‐year relationship with Express and its associated companies,” said Mike Frosch, senior vice president of VSC. “This new endeavor includes
guaranteed asset protection (GAP) as well as other related finance and insurance product offerings.

Our goal is to help Express continue to grow its business by providing world class underwriting and actuarial services that compliment their value proposition.”

“Our partnership with VSC is another significant step in the growth of Express Systems,” said Dan Haugen, general manager of Express Systems. “We will be bringing more product and service value
to the dealer reinsured industry through leveraging VSC’s underwriting and marketing strength.”

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Virginia Surety Announces Underwriting and Actuarial Services Agreement with Preferred Warranties


CHICAGO – Virginia Surety Company, Inc., a unit of The Warranty Group,
Inc., today announced an agreement with Preferred Warranties, Inc. (PWI), to provide
underwriting and actuarial services for their automotive and powersport extended service
plans.

“Virginia Surety Company selectively targets third-party administrators, and we are excited about our partnership with Preferred Warranties,” said Mike Frosch, Senior Vice President.

“PWI remains committed to protecting the dealer’s image by providing outstanding customer service, while we embrace change in other areas – like our increasing focus on helping dealers build a profitable F&I revenue source,” said Wayne Herring, Sr., President/CEO. “This underwriting agreement is another positive development that positions us for continued growth. We believe that combining PWI’s expertise in contract administration and sales consulting with the strength of an A‐ rated carrier like Virginia Surety Company, Inc., is a formula for success.”

Both PWI and Virginia Surety maintain a strong focus on providing innovative customer
solutions with industry‐leading service levels.

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