AUL Corp. Awarded System and Organization Controls (SOC) 2 Type II for Second Year in a Row
NAPA, Calif. - For the second year in a row, AUL Corp. (AUL), the nation’s leading vehicle service contracts (VSC) administrator, has completed all of the requirements for a Systems and Organizations Control (SOC) 2 Type II Audit for calendar year 2018, announced Jimmy Atkinson, AUL’s president and CEO. This extensive report provides independent validation that AUL’s internal controls are in accordance with the selected Institute of Certified Public Accountants’ trust services principles and criteria.
“The continuation of our commitment to security is paramount and core to who we are.” said Jimmy Atkinson, AUL’s President and Chief Executive Officer. “We believe that by following best practices and current regulatory guidance, we make AUL a stronger, more effective partner for our nationwide network of agents, dealers, lenders, and contract holders.” With privacy and security of data becoming increasingly important, SOC 2 compliance demonstrates to consumers and partners that AUL has industry leading controls in its data systems, technologies, and processes. Further, SOC 2 compliance requires that these controls be effective over a period of time rather than at a point in time. One of the leading independent accounting auditors, Armanino, completed the SOC 2 Audit verifying that AUL’s processes and systems meet all the requirements for security, availability and confidentiality. Armanino is the largest California-based CPA and consulting firm and one of the top ten fastest-growing large accounting firms in the nation. Specifically targeting service firms with a focus on security, availability, processing integrity, confidentiality and privacy, the SOC 2 Audit best meets the demands of the vehicle service contract industry. “Achieving SOC 2 compliance for the second year in a row is a major achievement for any service provider and demonstrates AUL’s continuing commitment to a strong internal control environment. Obtaining a SOC 2 report is a major differentiator for AUL as they look to continue growing their business,” said Liam Collins of Armanino.
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →