The Penn Warranty Corporation Connects on F&I Express Network
DALLAS - F&I Express® announced today that it will provide its auto dealer clients with access to The Penn Warranty Corporation products through F&I Express’ eContracting platform. The Penn Warranty Corporation, provider of service contracts to used car dealers across the United States, joins the largest network of aftermarket F&I product providers in history.
Through this new relationship, dealers using the F&I Express eContracting platform will have the ability to sell Penn Warranty service plans, which offer a wide range of coverage options. All of the forms necessary to complete the sale of a Penn Warranty service contract will be built into the F&I Express eContracting platform solution. Additionally, F&I Express will remit warranty premiums for vehicles financed through its portal directly to Penn Warranty.
“Penn Warranty’s integration with F&I Express will save time and money in the F&I department through eContracting with a single sign-on process,” said Brian Reed, President and CEO of F&I Express. “By integrating Penn Warranty products with the F&I Express eContracting platform, we offer our dealers another convenient way to serve their customers, while providing another layer of protection for lenders, which is critical in the current marketplace.”
“All of us at Penn Warranty are enthusiastic for the opportunity to partner with F&I Express,” said Jude Tuma, President and CEO with The Penn Warranty Corp. “Our goal is to exceed expectations for our more than 6,000 dealers. We want to make the F&I process as simple and compliant as possible. F&I Express will enable us to deliver that expectation for every customer.”
Currently, F&I Express is working with many auto retailers across the US to improve F&I processes with their digital solutions. The company has aggregated a network of nearly 100 automotive aftermarket insurance providers in an online portal accessible by its dealers.
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