LoJack and IAS Announce Agreement

CANTON – LoJack Corporation announced that it has reached an agreement with IAS (Innovative Aftermarket Systems), a provider of F&I aftermarket programs to automotive dealerships, in which IAS will sell and promote a variety of LoJack products to authorized dealerships throughout the IAS general agent base. IAS joins a growing list of Third Party F&I Aftermarket Program Providers now working with LoJack.

“Today, dealer demand for more profitable, value-added back-end products is increasing,” said Randy L. Ortiz, LoJack CEO and President. “With that in mind, we are very excited to work with IAS to extend our reach into even more dealerships. IAS’s world-class agent base combining their offerings with our trusted brand-name products will provide dealers with the most robust F&I products available.”

IAS general agents will now market LoJack Stolen Vehicle Recovery Systems plus Early Warning along with a variety of warranty offerings. In addition, IAS agents will offer two of their own IAS reinsured products in conjunction with a LoJack System.

LoJack will provide training for IAS general agents and their agency representatives on the various LoJack offerings and potential dealership presentations.

“We believe that working with a trusted brand such as LoJack is a win-win for everyone,” said Bob Corbin, IAS CEO and President. “Our agent base, LoJack and dealers can sell proven products that help increase profitability. And even more important, more consumers have the opportunity to protect their vehicles—and their pocketbooks—from vehicle theft.”

As the auto industry continues to recover and consumer demand for new vehicles rises, LoJack’s use of Third Party F&I Aftermarket Program Providers has become an increasing focus for the company. Being able to reach more dealerships through these providers that are offering an attractive product suite is fast proving itself an essential part of LoJack’s sales strategy.