EasyCare Vehicle Service Contracts 200

EQS-News: TRATON GROUP posts strong increase in unit sales, sales revenue, and operating return on sales in the first half of 2023

Retrieved on: 
Wednesday, July 26, 2023

TRATON GROUP posts strong increase in unit sales, sales revenue, and operating return on sales in the first half of 2023

Key Points: 
  • TRATON GROUP posts strong increase in unit sales, sales revenue, and operating return on sales in the first half of 2023
    The issuer is solely responsible for the content of this announcement.
  • TRATON GROUP posts strong increase in unit sales, sales revenue, and operating return on sales in the first half of 2023
    Munich, July 26, 2023 – The TRATON GROUP continued its strong performance in the first quarter of the year into the second and reported very positive developments in unit sales, sales revenue, and operating return on sales in the first half of 2023.
  • The TRATON GROUP brands lifted their unit sales by 22% to 168,100 (H1 2022: 137,300) vehicles in the first six months of 2023.
  • We are still expecting the TRATON GROUP’s unit sales and sales revenue to increase by 5 to 15% each.

RoadVantage Wins Seventh Straight Diamond for F&I Ancillary Products and Diamond for Vehicle Service Contracts in the 2023 Dealers' Choice Awards

Retrieved on: 
Monday, July 24, 2023

AUSTIN, Texas, July 24, 2023 /PRNewswire-PRWeb/ -- RoadVantage has again been voted the #1-rated F&I provider in 2023, winning two Diamond Dealers' Choice Awards in the F&I Ancillary Products and Vehicle Service Contracts categories. This marks the seventh consecutive year the company has been selected by dealerships nationwide to receive this distinguished industry honor for best F&I Ancillary Products, and the ninth year in a row for RoadVantage to win an award in this category. RoadVantage was also recognized this year by winning their first-ever Diamond Award for Vehicle Service Contracts after winning 2022 Platinum in the category.

Key Points: 
  • RoadVantage has again been voted the #1-rated F&I provider with dual top-rated Diamond level wins for F&I Ancillary Products and Vehicle Service Contracts in the 2023 Dealers' Choice Awards.
  • AUSTIN, Texas, July 24, 2023 /PRNewswire-PRWeb/ -- RoadVantage has again been voted the #1-rated F&I provider in 2023, winning two Diamond Dealers' Choice Awards in the F&I Ancillary Products and Vehicle Service Contracts categories.
  • RoadVantage was also recognized this year by winning their first-ever Diamond Award for Vehicle Service Contracts after winning 2022 Platinum in the category.
  • RoadVantage has won awards for nine years in a row in the F&I Ancillary Products category, with a Gold Dealers' Choice Award in 2015, a Platinum Dealers' Choice Award in 2016, and seven Diamond Dealers' Choice Awards from 2017-2023.

Ozop Energy Solutions Launches Artificial Intelligence (AI)

Retrieved on: 
Thursday, July 6, 2023

Warwick, NY, July 06, 2023 (GLOBE NEWSWIRE) -- EV Insurance Company, Inc. dba OZOP Plus, a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), announces the launch of its innovative AI-powered chatbot (EVAI) that is designed to be the first point of contact for potential customers, providing comprehensive information about OZOP Plus’s unique Vehicle Service Contract (VSC).

Key Points: 
  • Warwick, NY, July 06, 2023 (GLOBE NEWSWIRE) -- EV Insurance Company, Inc. dba OZOP Plus, a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), announces the launch of its innovative AI-powered chatbot (EVAI) that is designed to be the first point of contact for potential customers, providing comprehensive information about OZOP Plus’s unique Vehicle Service Contract (VSC).
  • The OZOP Plus AI chatbot (EVAI) is simplifying the process of purchasing VSCs by answering customer inquiries and gathering necessary vehicle information before escalating to a sales representative.
  • Ozop Energy Solutions is also offering their forward-thinking AI Chatbot to other providers in the VSC Industry.
  • Additionally, we are finalizing the details for a test social media marketing campaign targeting 20,000 EV owners in various states.

OZSC to Introduce Artificial Intelligence for the VSC Industry

Retrieved on: 
Tuesday, June 6, 2023

Warwick, NY, June 06, 2023 (GLOBE NEWSWIRE) -- EV Insurance Company, Inc. dba Ozop Plus, a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), announces the development and pending launch of its innovative AI-powered chatbot (EVAI) that is designed to be the first point of contact for potential customers, providing comprehensive information about OZOP Plus’s unique Vehicle Service Contract (VSC), as well as collecting crucial vehicle details. Beta testing will be complete by the end of this week.

Key Points: 
  • This ground-breaking technology development supports OZOP Plus’s ongoing commitment to providing seamless and efficient solutions for Electric Vehicle (EV) battery coverage.
  • In today's digital-centric world, providing immediate and accurate information to potential customers is critical.
  • The OZOP Plus chatbot represents a significant leap in the integration of advanced technology in the EV industry.
  • For more information about Ozop Plus and its offerings, please visit http://ozopplus.com/

Ozop Energy Solutions, Inc. reports first Vehicle Service Contract for Electric Vehicle premium of its’ wholly owned subsidiary OZOP Plus

Retrieved on: 
Thursday, March 9, 2023

The ceding of the battery portion of the premium from ABIC to OZOP Plus marks the Company's initial premium received for the battery coverage within the VSC.

Key Points: 
  • The ceding of the battery portion of the premium from ABIC to OZOP Plus marks the Company's initial premium received for the battery coverage within the VSC.
  • The contract was sold at Beaver Toyota of Cumming ("Beaver Toyota"), an award-winning car dealership in the state of Georgia.
  • The “Fully Charged” Royal VSC, whereby the EV battery coverage is provided by OZOP Plus and marketed through a partnership with Trusted Sale, Inc. accomplishes just that.
  • "We are pleased to announce Royal’s first sale of the Vehicle Service Contract for Electric Vehicles, where OZOP Plus receives the premium related to the battery" said Brian Conway, CEO of Ozop Energy Solutions.

JM&A Group and J.D. Power Give Dealers the Leading Edge with the Rollout of Additional F&I Products

Retrieved on: 
Tuesday, January 24, 2023

Power, a global leader in analytics and consumer intelligence, have reinforced their strategic alliance with additional vehicle protection products under the existing umbrella of J.D.

Key Points: 
  • Power, a global leader in analytics and consumer intelligence, have reinforced their strategic alliance with additional vehicle protection products under the existing umbrella of J.D.
  • Power® Edge products, dealers can drive interest among their customers by seamlessly plugging a trusted brand into their existing F&I process, allowing them to enhance consumer confidence.”
    Already, dealers enrolled in the J.D.
  • Power.
  • | J.D.

Ozop Energy Solutions, Inc. Announces First Dealership for Vehicle Service Contracts for Electric Vehicles

Retrieved on: 
Wednesday, September 21, 2022

Warwick, NY, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. Inc. (OZSC or the “Company”), is pleased to announce that it has signed its first auto dealership to sell Vehicle Service Contracts (“VSC’s”) for Electric Vehicles (“EV”). Sansone Jr’s Windsor Nissan is now an active dealership with GS Administrators, Inc., a member of Houston-based GSFSGroup. Under the Marketing and Claims Services Agreement, Sansone Nissan can sell EV VSC’s through their Finance and Insurance (“F&I”) department. Pursuant to the Company’s agreement with GSFSGroup, the Company can receive an Agent fee of up to $500, from which it will need to compensate any sub-agents associated with the sale of any EV VSC. Additionally, GSFSGroup will cede the premium for the entire VSC for any VSC’s marketed by Ozop Plus. Such premium will be recognized as earned premium over the term or life of each contract.

Key Points: 
  • Inc. (OZSC or the Company), is pleased to announce that it has signed its first auto dealership to sell Vehicle Service Contracts (VSCs) for Electric Vehicles (EV).
  • Sansone Jrs Windsor Nissan is now an active dealership with GS Administrators, Inc., a member of Houston-based GSFSGroup.
  • Additionally, GSFSGroup will cede the premium for the entire VSC for any VSCs marketed by Ozop Plus.
  • Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space.

Cinch Home Services Welcomes Three Key Leaders to Executive Team

Retrieved on: 
Wednesday, September 21, 2022

BOCA RATON, Fla., Sept. 21, 2022 /PRNewswire/ -- Cinch Home Services (Cinch), the nation's leading provider of home service solutions, announced three new additions to its award-winning leadership team. Kyle Gelsthorpe joins the company as Chief Revenue Officer (CRO), Paul Sherman as Chief Marketing Officer (CMO), and Ron Donohoe as Vice President of Customer Experience.

Key Points: 
  • BOCA RATON, Fla., Sept. 21, 2022 /PRNewswire/ -- Cinch Home Services (Cinch), the nation's leading provider of home service solutions, announced three new additions to its award-winning leadership team.
  • "We're delighted to welcome Kyle, Paul, and Ron as the newest key members of the Cinch leadership team," said Steve Upshaw, Chief Executive Officer of Cinch.
  • Cinch Home Services is the leading home services company that makes it easy for everyone to enjoy their home to the fullest, regardless of whether they own or rent.
  • Cinch Home Services, a member company of The Cross Country Group, is headquartered in Boca Raton, FL.

Kapsch TrafficCom and Microsec Collaborate to Improve Safety and Reduce Congestion

Retrieved on: 
Friday, September 16, 2022

Its goal is to improve safety, reduce congestion and related emissions, and to support the advancement of automated vehicles.

Key Points: 
  • Its goal is to improve safety, reduce congestion and related emissions, and to support the advancement of automated vehicles.
  • Connected Vehicle Services and the connected transportation market are ready for operational programs which truly impact the safety of our transportation stakeholders, states Steve Sprouffske, VP Connected Vehicle Services at Kapsch TrafficCom.
  • Meet the Kapsch TrafficCom team at ITS World Congress being held in Los Angeles, California from September 18-22 (booth #1853).
  • Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries.

Toco Warranty Launches the First and Only Extended Auto Repair Coverage Offered Directly as an Employee Workplace Benefit Program

Retrieved on: 
Tuesday, August 23, 2022

There is nothing comparable to this in the market, and no other plan offers our range of coverage at this level and price, said Basmajian.

Key Points: 
  • There is nothing comparable to this in the market, and no other plan offers our range of coverage at this level and price, said Basmajian.
  • The plan is administered through an automatic payroll deduction similar to other employee benefit programs such as health care and retirement plans.
  • Founded in 2012, Toco Warranty is the highest overall-rated provider of extended automobile warranty plans (AKA Vehicle Service Contracts) as reported by the Better Business Bureau and Consumer Affairs.
  • In 2020, Toco Warranty expanded its offering to include the first and only vehicle service plan offered directly to employers as an employee benefit program.