Scottsdale, Ariz. - CNA National (CNAN), an provider of vehicle service contracts and reinsurance programs, formed an alliance with RoadVantage, provider of F&I programs, to market a full suite of ancillary products to dealerships nationwide.
Its parent insurance company, CNA, will underwrite RoadVantage’s line of F&I products, including both bundled and standalone products such as door ding protection, key replacement, interior repair, theft protection, windshield repair and more.
“Ancillary products have gained significant traction in our industry and are helping dealerships by providing much needed income as margins on vehicle sales have shrunk over time,” said Joe Becker, president and CEO, CNA National. “RoadVantage has the suite of products our clients have been looking for, offered by a company that we believe shares our values for superior customer service and product quality.”
With industry veterans at the helm, integrating technology to develop an innovative approach to claims administration, F&I integration and marketing tools, RoadVantage expects to continue expanding its market share by aligning with CNA National. Its full suite of ancillary products is sold individually, and “bundled” into packages that are easily incorporated into F&I menus.
“In the two years since its inception, RoadVantage has experienced exponential growth and this alliance with CNA National will further accelerate our expansion,” said Garret Lacour, president and CEO, RoadVantage. “CNA National’s distribution network and excellent industry reputation will enable us to advance our goal of driving greater value to dealerships and all stakeholders nationwide.”