EFG Companies Receives National Recognition for Holistic Approach to Customer Service and Client Development
DALLAS - EFG Companies, the innovator behind the award-winning Hyundai Assurance program, announced that the company has achieved national recognition for its efforts across the entire organization.
Last week, EFG was recognized in the 15th Annual American Business Awards, receiving:
Gold in Communications Department of the Year
Bronze in Communications or PR Campaign of the Year under the Reputation/Brand Management Category
Bronze in Marketing Campaign of the Year under the Financial Products and Services Category
With more than 3,600 entries this year, the American Business Awards is the nation’s premier business awards program. More than 190 professionals worldwide participated in the judging process to select this year’s award winners. These judges found EFG’s campaigns and initiatives to be comprehensive, measurable, and holistic.
EFG was also recently recognized as a Top Contact Center by BenchmarkPortal. Previously known as the Top 100 Contact Centers, this recognition is based on statistical comparison to the world’s largest and most respected database of call center metrics.
BenchmarkPortal objectively identifies centers that achieve superior results in both financial and qualitative terms. This marks the second year in a row in which EFG has achieved this distinction through its commitment to exceeding customer expectations.
The company’s average call speed to answer is less than 30 seconds.
67 percent of total claims are one call claims.
96 percent of all claims are paid within one hour of receipt of invoice.
“At EFG, we strive every day to achieve customer service excellence,” said John Pappanastos, President and CEO of EFG Companies. “This requires that everyone who comes to work at EFG takes personal accountability for living up to our values of dependability, respect, integrity, visionary, and excellence. We would not be able to achieve recognitions from organizations like the American Business Awards and BenchmarkPortal without the everyday efforts of our team to help drive success in our clients’ businesses, and fulfill our promise to take care of contract holders at their time of need.”
More Industry

CPO Sales Could Take Off in the Right Conditions
A recent Cox Automotive consumer survey reveals the size of an undertapped market for the vehicle segment given affordability pressures.
Read More →
Global Consumer Trends Diverge
Price remains a top consideration for U.S. car buyers, and they are the most brand-loyal consumers to established automakers, according to a new survey.
Read More →
Badger State Dealership Gets New Owner
The longtime southern Wisconsin store moved from one area auto group to another, keeping the business in Dairyland.
Read More →
The Cycle of Negative Equity
Third-quarter data shows consumers still rolling over debt and stretching loan terms, raising their risk of remaining underwater.
Read More →
Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →