The Warranty Group, Safe-Guard Extend Underwriting Agreement
Chicago — The Warranty Group announced the extension of a multi-year agreement with Safe-Guard Products International. Under the agreement, The Warranty Group, through its wholly-owned subsidiary Virginia Surety Company Inc., will provide underwriting and actuarial services for the F&I products Safe-Guard Products provides to its strategic partners in the United States and Canada. These accounts include the most recognized automobile brands in the world, as well as several of the Top 125 national dealer groups in the United States, according to officials
"Safe-Guard Products is a long-standing partner of The Warranty Group," explained Justin Thomas, senior vice president for The Warranty Group. "This contract extension further strengthens the relationship between two industry leaders. We're pleased to continue supporting Safe-Guard Products' commitment to providing unparalleled service and the highest quality F&I products in the industry."
The Warranty Group has been providing underwriting and actuarial services to Safe-Guard Products in the United States and Canada for nearly 10 years.
"Extending our contract with The Warranty Group was an important part of our growth plan," said Randy Barkowitz, CEO, Safe-Guard Products International. "Our shared commitment to comprehensive protection solutions and exceptional customer service make The Warranty Group a preferred partner for our underwriting needs."
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 →