Vehicle service contracts can help these drivers down the road when unexpected, expensive repairs may be needed.
Atlanta, GA and Arvada, CO (PRWEB) October 11, 2012
Specialty insurer Assurant Solutions and American Auto Shield, a leading provider of extended vehicle protection, today announce a strategic partnership to provide consumers with improved access to automobile extended warranties and help keep more drivers on the road.
“Working with Assurant Solutions, American Auto Shield will be able to strengthen our product offerings and services to consumers while diversifying our market channels,” said Jason Currier, Vice-President of Marketing for American Auto Shield. “Both companies will benefit from our premier claims and customer service capabilities, and we look forward to leveraging this expertise.”
Under the terms of the agreement, Assurant Solutions will provide underwriting, risk management and actuarial services for American Auto Shield-labeled vehicle service contracts, available direct-to-consumers, that provides drivers with financial security and peace of mind should their car breakdown after its manufacturer warranty has expired. American Auto Shield will be responsible for customer service, claims, marketing and sales.
“Drivers are holding onto their cars for more years than before due to the economy. Vehicle service contracts can help these drivers down the road when unexpected, expensive repairs may be needed,” said Joe Erdeman, president of Assurant Solutions’ extended service protection business. “This partnership gives us another channel to provide more drivers with the benefit of vehicle protection products and services.”
About Assurant Solutions
Assurant Solutions businesses develop, underwrite, market and administer specialty insurance, extended service contracts and other risk management solutions through collaborative relationships with leading financial institutions, retailers, automobile dealers, funeral homes, manufacturers, wireless carriers and other entities. With operations in 25 locations, including executive offices in Atlanta, Ga., Assurant Solutions serves clients and their customers in 12 countries throughout North America, the Caribbean, Latin America, Europe and Asia. http://www.assurantsolutions.com
Assurant Solutions is also part of Assurant, a premier provider of specialized insurance products and related services in North America and worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has over $27 billion in assets and $8 billion in annual revenue. http://www.assurant.com
About American Auto Shield
Headquartered in Arvada, Colorado, American Auto Shield is a leading provider and administrator of Extended Vehicle Protection Products. For over a decade, American Auto Shield has been working with its marketing partners to protect automobile owners against unexpected repair costs. American Auto Shield is an A+ Rated Accredited Member of the Better Business Bureau. To learn more about American Auto Shield, please visit http://www.americanautoshield.com.