Tag: News

ATLANTA, Sept. 19, 2024 – Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine, and powersports industries, today announced the appointment of Darin Cline as its new chief operating officer (COO). Cline, a former naval officer and an accomplished executive with more than two decades of experience in the financial services industries, will succeed Jardon Bouska, who has served the company for 10 years.

The transition marks a significant milestone for Safe-Guard as it continues to expand its market presence as an innovative Protection Products Platform. Cline brings a wealth of experience to the role, having previously held senior leadership positions at prominent organizations such as Capital One and Goldman Sachs and successfully worked with two start-ups. Cline has a strong background in setting strategic direction and leverages a data-driven approach to drive process improvements and scale operations in the auto finance sector. Still, his true strength and interest is in operational transformation.

Cline’s impressive background includes two master’s degrees and a distinguished career in the United States Navy. He served as a lieutenant and naval aviator from 1992 to 2001, where he was a shipboard helicopter pilot, squadron quality assurance officer, and NROTC instructor. He holds a Master of Business Administration from the University of Colorado (Denver) and a Master of Science in Systems Engineering from Southern Methodist University (Dallas).

“We are delighted to welcome Darin Cline to our executive team,” said David Pryor, Safe-Guard president and CEO. “His extensive background in strategic growth aligns perfectly with our vision for Safe-Guard’s future. Darin’s leadership will be instrumental as we continue to enhance our product offerings and customer experience.”

Cline’s leadership style emphasizes creating efficiencies, fostering synergy across departments, and helping Safe-Guard achieve its strategic goals through a data-driven approach.

“The opportunity to lead operations for an industry leader with such a strong reputation for innovation and customer service is truly exciting,” said Cline. “I look forward to working with the talented team at Safe-Guard to drive operational excellence and deliver even greater value to our clients and partners.”

This leadership transition is part of a planned succession strategy. Outgoing COO Jardon Bouska has played a pivotal role in Safe-Guard’s growth over the past decade, overseeing a period of significant expansion and technological advancement.

“We are deeply grateful for Jardon’s contributions to Safe-Guard. His leadership over the last decade has been instrumental in our success, and we wish him the very best in his retirement,” Pryor added.

As Safe-Guard Products International continues to evolve and adapt to changing market dynamics, Cline’s appointment is seen as a strategic move to maintain the company’s competitive edge and drive future growth. The transition is expected to be seamless, with Cline assuming his new responsibilities effective immediately.

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About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine, and motorcycle/powersports industries. Through its Protection Products Platform, Safe-Guard develops the highest-quality programs and matches them with unparalleled customer service and advanced technology solutions, which are fostered by superior sales and marketing support. Visit safe-guardproducts.com for more information.

ATLANTA, Sept. 12, 2024 – Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine, and powersports industries, today announced the appointment of Joe Zhang as chief financial officer and Alen Gong as chief risk officer. These elevations of Zhang and Gong position the company for continued innovation and are pivotal for its upcoming strategic initiatives.

Zhang, who has been with Safe-Guard since 2013, was previously the vice president of strategy and analytics. In this role, he was responsible for building and overseeing Safe-Guard’s sales analytics and corporate development functions. During his tenure, Zhang developed long-term strategic plans, built the company’s data-driven salesforce effectiveness model, and was a key contributor to the acquisition of Dealer Solutions and Design. Leveraging his background in finance and strategy as CFO, Zhang will focus on building strategic alignment across all departments within Safe-Guard and reinforcing the commitment to delivering quality service and operational excellence to customers.

“I am excited to take on the role of CFO at Safe-Guard,” said Zhang. “Our strong financial position is crucial to our ability to innovate and grow, and I look forward to leveraging my experience to ensure we continue to deliver exceptional value to our partners. If we as a team are all pointed in the right direction, the opportunity is tremendous as the foundation is already set up for success.”

Alen Gong, who joined Safe-Guard in 2016, played a critical role in the development and modernization of Safe-Guard’s Risk Management function. Prior to his new role as chief risk officer, Gong served as chief actuary, where he was responsible for the sustainability and underwriting performance of Safe-Guard’s portfolio of protection products. In his new role, Gong will capitalize on his deep understanding of actuarial science, financial risk management, and his extensive experience in the F&I industry to further strengthen the company’s risk mitigation strategies. In addition, Gong will lead the newly created function of data governance to leverage Safe-Guard’s industry-leading data to support client growth.

“In today’s dynamic market, effective risk management is more critical than ever,” Gong stated. “I am eager to apply my expertise in this new capacity to ensure Safe-Guard remains at the forefront of industry best practices while continuing to drive growth and innovation.”

“Joe and Alen’s roles will amplify our ability to deliver advanced data-driven solutions, and their combined expertise and vision will be crucial as we continue to deliver unparalleled solutions to our clients,” said David Pryor, Safe-Guard president and CEO. “Our partners will benefit from improved insights and more tailored solutions, leading to better decision-making and increased satisfaction.”

The transition in leadership underscores Safe-Guard’s commitment to fostering internal talent and ensuring continuity in its strategic direction. As the company moves forward under this new leadership structure, it remains dedicated to its core values of innovation, customer service, and industry leadership.

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About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine, and motorcycle/powersports industries. Through its Protection Products Platform, Safe-Guard develops highest-quality programs and matches them with unparalleled customer service and advanced technology solutions, which are fostered by superior sales and marketing support. Visit safe-guardproducts.com for more information.

ATLANTA, July 15, 2024 – Safe-Guard Products International, LLC, a leading provider of third-party private label finance and insurance protection products for the automotive, RV, marine, and powersports industries, today announced that it has closed on a majority investment from Hellman & Friedman, one of the world’s largest private equity firms.

The strategic partnership is set to propel Safe-Guard’s growth and solidify its position as the premier provider of finance and insurance products and solutions in the sector. Stone Point Capital LLC, a longstanding investor in Safe-Guard, will continue to partner with the company and participate on Safe-Guard’s board.

Safe-Guard’s management team will continue to drive the success of the business for the benefit of its partners, their customers and other stakeholders. In connection with the transaction, Randy Barkowitz is assuming a board-level leadership role as full-time Executive Chairman, while David Pryor is continuing in his role as President and assuming the responsibility of Chief Executive Officer of Safe-Guard.

“We are thrilled to welcome Hellman & Friedman as our new majority investor,” said Barkowitz. “Safe-Guard’s commitment to excellence remains steadfast. With Hellman & Friedman’s backing and Stone Point’s continued support, we are positioned to deliver even more innovative solutions, superior service and unmatched value to our partners and their customers.”

Hellman & Friedman, renowned for its focus on helping industry leaders reach new heights, fully embraces Safe-Guard’s unique strategy and the strength of its management team. The investment highlights Hellman & Friedman’s commitment to supporting Safe-Guard in delivering F&I products, dealer service, customer satisfaction, and technology solutions. Through this investment, Safe-Guard will gain additional resources to invest in its people, processes, and technology.

“Safe-Guard is a differentiated provider of private label protection products, offering value to dealers, strategic partners and consumers,” said Hunter Philbrick, Partner at Hellman & Friedman. “The business has built an impressive reputation for its high-quality products and service, and we are excited to partner with the talented management team and provide additional firepower to support the company’s strategic priorities. We see several significant growth opportunities and look forward to working together to realize the immense potential ahead.”

Based in Atlanta, Safe-Guard’s industry-defining Protection Products Platform delivers frictionless service, consistency, and customer-centric solutions to more than 19 million consumers who are protected under contracts administered by Safe-Guard.

Goldman Sachs & Co. LLC and SPC Capital Markets LLC acted as financial advisors to Safe-Guard and Debevoise & Plimpton LLP served as legal counsel to the company. Jefferies LLC was the lead financial advisor to Hellman & Friedman, with Waller Helms also providing financial advice and Kirkland & Ellis acting as legal counsel.

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About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine, and motorcycle/powersports industries. Through its Protection Products Platform, Safe-Guard develops the highest-quality programs and matches them with unparalleled customer service and advanced technology solutions, which are fostered by superior sales and marketing support. Visit safe-guardproducts.com for more information.

About Hellman & Friedman

Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on a limited number of large-scale equity investments in high-quality growth businesses. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies to flourish. H&F targets outstanding businesses in select sectors, including technology, financial services, healthcare, consumer services & retail, and information, content & business services.

Since its founding in 1984, H&F has invested in over 100 companies. The firm is currently investing its tenth fund, with over $24 billion of committed capital, and has over $115 billion in assets under management as of March 31, 2024. Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com.

About Stone Point Capital
Stone Point is an alternative investment firm based in Greenwich, CT, with more than $55 billion of assets under management. Stone Point targets investments in companies in the global financial services industry and related sectors. The firm invests in alternative asset classes, including private equity through its flagship Trident Funds and credit through commingled funds and separately managed accounts. In addition, Stone Point Capital Markets supports our firm, portfolio companies and other clients by providing dedicated financing solutions. For more information on Stone Point, please visit: www.stonepoint.com.

This transformation is the result of a purposeful digital strategy designed to leverage the company’s 30 years of data and applications that drive key metrics, business decisions, and enhanced service capabilities. At the forefront of the F&I industry, Safe-Guard delivers protection products and solutions that drive sustainable, scalable growth.

“A one-size-fits-all approach to protection products isn’t enough in today’s market, especially considering the various generational groups that currently drive spending,” says Safe-Guard CEO Randy Barkowitz. “For many years, we have set out to change the industry, drive innovation, and enhance transparency. Our evolution from a traditional TPA to a Protection Products Platform allows us to grow with our customers, no matter how their needs change over time.”

Serving a diverse customer base, the company has fully embraced changes in the F&I industry to meet the market demand of vehicle owners. The company’s digital transformation mirrors the broad changes happening across the automotive sector, promising to dynamically reshape the industry landscape for the better.

“The new website is a powerful representation of our company, our people, and our commitment to innovation,” says Safe-Guard President, David Pryor. “Through the integration of data and advanced analytics, we’ve successfully transformed Safe-Guard into a Protection Products Platform that will drive sustainable and scalable growth for our customers.”

Safe-Guard’s dedication to innovation and customer centricity has positioned them as the leader in the F&I industry, and the new website showcases this commitment to meet the evolving needs of its customers. This unwavering dedication remains essential as the company transitions to a new era as a Protection Products Platform.

Atlanta, GA, January 25, 2023 – Safe-Guard Products International, LLC, the leading provider of branded protection products for the automotive, RV, powersports and marine industries, announces the retirement of Executive Chairman Dave Duncan. Duncan was an essential part of the Safe-Guard family from early on and most recently has served as executive chairman since 2020. While boasting over three decades of finance and insurance experience, Duncan’s impact will be missed by the Safe-Guard team.

“Dave has a unique wealth of industry knowledge and a focus on creating innovative client solutions that positioned Safe-Guard for a dynamic future growth. We would like to thank Dave for his dedication and contributions to our organization and wish him all the best in his future endeavors,” stated David Pryor, president of Safe-Guard.

During his time at Safe-Guard, Duncan has held roles as senior vice president, president and executive chairman, respectively. Prior to joining Safe-Guard, Duncan was president and CEO of Diversified Automotive Group and held numerous management positions in automotive retail.

“Throughout his career at Safe-Guard, Dave was instrumental in the creation and implementation of our strategic vision and plan, and he has been truly dedicated to our organization and its mission,” said Safe-Guard CEO Randy Barkowitz.

Under Duncan’s leadership as executive chairman, Safe-Guard successfully broadened its product offerings, expanded into new channels, and released a range of branded solutions for clients and dealers. Throughout his 27 years with Safe-Guard, Duncan played a significant role in the company’s growth and success by advancing sales, marketing and development efforts, acting as a key player in expanding the company’s reach through the OEM, national retail and agent channels. Duncan also led the deployment of turnkey programs for the company’s F&I business units, demonstrating strong leadership throughout his tenure.

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About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers the highest-quality programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading sales and marketing. Safe-Guard is a proud partner to top retailers, original equipment manufacturers (OEMs) and independent agents across the United States and Canada. Visit safe-guardproducts.com for more information.

Mississauga, ON, May 13, 2022 – Safe-Guard Products International, LLC, the leading provider of branded protection products for the automotive, RV, powersports and marine industries, today announced Andre Ramgattie has joined the company as the national director of account management and business development for Safe-Guard Canada, Ltd., effective immediately.

Ramgattie brings nearly fifteen years of automotive experience with him to Safe-Guard Canada, having started his career in corporate roles for Honda Canada and Volvo Cars Canada, and then in retail covering used, leasing, F&I and sales roles. Prior to joining Safe-Guard, Ramgattie spent nine years working in sales operations and market intelligence for a major finance and insurance provider. At Safe-Guard, Ramgattie will focus on building relationships with existing clients and partnering with David Wilke, national sales director, to grow Safe-Guard Canada’s client roster and drive retail sales.

“We are thrilled to have Andre join Safe-Guard Canada as the national director of account management and business development,” said David Pryor, president of Safe-Guard. “Andre’s extensive experience within the automotive world across retail, corporate and the F&I provider space will prove to be a big asset in leading and serving Safe-Guard’s current clients. We’re excited to have Andre as a part of our team as we continue to deliver full-service, branded solutions and drive sales performance for our client and dealer partners.”

“Andre’s real-world experience from retail to corporate, combined with his data-driven sales expertise, will truly benefit our retail and client partners,” said John Stewart, EVP OEM field sales and training for Safe-Guard. “Andre’s experience and leadership will help us to further accelerate performance for Safe-Guard partners.”

Ramgattie graduated with a BBA in automotive from Georgian College and obtained his EMBA from the Telfer School of Management, University of Ottawa.

About Safe-Guard Products Canada

Founded in 2001 and based in Mississauga, Ontario, Safe-Guard Products Canada is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers the highest-quality programs and matches them with industry-leading marketing, dedicated sales and training, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top dealer groups and retailers across Canada. For more information, please visit www.safe-guardproducts.com.

Toronto, ON, May 13, 2021 – Yamaha Motor Canada today announced a partnership with Safe-Guard Products Canada, Ltd., the leading provider of private label protection products for the automotive, RV, marine and powersports industries. The program, launching July 5, enables Yamaha to provide a complete, branded protection product solution to dealers under the Yamaha Motor Protection Plan name. Products available include Credit Insurance, Bundle Loan Protection, Guaranteed Asset Protection (GAP), Tire & Wheel Protection, as well as a suite of products for offmakes. Additionally, Safe-Guard will support the Yamaha Motor Protection Plan program with an enhanced dealer support team, business development resources, complimentary retail training and branded marketing content, technology integration and administration of the program.

“Joining forces with Safe-Guard provides a powerful boost to our organization, our dealers and their riders,” said Peter Smallman-Tew, president and managing director at Yamaha Motor Canada. “This partnership enables Yamaha to bring new, industry-leading solutions to the table for our dealers, which enhances their business by driving revenue and customer retention while improving the owner experience for the customers they serve.”

“We are thrilled to partner with Yamaha to provide them with a purpose-built, fully branded protection program for their dealers,” said Mary Buhr, director of account management and business development at Safe-Guard. “Yamaha is a premier player within the powersports industry and we’re proud to power innovative and value-added solutions for this great brand.”

With international headquarters in Atlanta, Georgia, and Canadian headquarters based in Mississauga, Ontario, Safe-Guard Products manages protection product programs for over 50 strategic partners across the U.S. and Canada, offering a full suite of protection products and dealer business solutions in the automotive, RV, marine and powersport industries. More than 13 million consumers are protected under contracts by Safe-Guard.

  

About Yamaha Motor Canada, Ltd.

Since incorporating in 1973, Yamaha Motor Canada has expanded to include 10 product groups that help Canadians make the most of their time outdoors. In addition, Yamaha offers after-sales support with parts, accessories, lubricants, apparel and service, with over 400 dealers servicing Canadians from coast to coast to coast.

About Yamaha Financial Services

Yamaha Financial Services, a division of Yamaha Motor Canada, offers dealers and customers access to flexible, convenient financial solutions designed primarily for the powersports and marine industries. Committed to a high-quality customer experience, Yamaha Financial Services Canada is also part of a growing global community of finance companies within Yamaha Motor Corporation in the United States, Australia, France, Brazil, Mexico, Indonesia and Russia.

About Safe-Guard Products Canada, Ltd.

Founded in 2001 and based in Mississauga, Ontario, Safe-Guard Products Canada is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers programs on behalf of clients, backed by industry-leading sales and marketing, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top dealer groups and retailers across Canada.

Atlanta, GA, January 25, 2021 – Schomp Automotive has announced a new partnership with Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine and powersports industries. Beginning January 5, Schomp Automotive now provides a complete F&I product solution to Schomp dealers under the One Protect brand along with original equipment manufacturer (OEM) branded products. The One Protect brand includes a full suite of twelve fully branded protection products, as well as technology integrations to power Schomp’s proprietary A2Z Sync software, retail training support with on-demand dealer training content and complimentary branded sales and marketing content.

“Our partnership with Safe-Guard is a significant collaboration that will help connect and streamline the business for our dealers,” said Aaron Wallace, dealer principal, Schomp Automotive Group. “We pride ourselves on a simple, transparent automotive purchase experience and having Safe-Guard as our partner provides us with the powerful combination of the One Protect brand plus the OEM brand in applicable stores, as well as the technology integrations and retail training to help us power our business. What’s more, the One Protect products will be available to dealers who utilize the A2Z Sync software.”

Schomp Automotive represents eight automotive dealerships, and eight brands across two states.

“Safe-Guard is excited to support Schomp Automotive dealers and fuel their A2Z Sync retail technology with our complete solution,” said Tony Catania, chief revenue officer of Safe-Guard. “Our unique combination of the private label solution for Schomp Automotive plus Safe-Guard’s management of more OEM protection product programs than any other provider allows us to deliver a one-stop resource for Schomp dealers. We look forward to helping drive business and customer retention for Schomp Automotive and A2Z Sync dealers.”

Based in Atlanta, Georgia, Safe-Guard Products manages protection product programs for over 50 strategic partners across the U.S. and Canada, offering a full suite of protection products and dealer business solutions in the automotive, RV, marine and powersport industries. More than 13 million consumers are protected under contracts by Safe-Guard.

About Schomp Automotive Group
Schomp Automotive Group is a fourth-generation family-owned dealer group consisting of eight automotive dealerships supporting eight brands across Colorado and Utah. Schomp was a pioneer in the “One Price” methodology when Lisa Schomp introduced the concept in 1993. Aaron Wallace introduced “One Person,” eliminating the traditional finance office with client advisors taking the customer from start to finish in the car buying process. Wallace also introduced “One Hour” after founding the software company A2Z Sync that enables Schomp stores to complete the transaction process in one hour. The A2Z Sync software solution is now available to be licensed by other progressive dealers. In a traditionally stagnant industry, Schomp Automotive Group and its parent organization strive to remain ahead of the curve and provide a simple, transparent and stress-free automotive purchase experience.

About Safe-Guard Products International, LLC
Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers programs on behalf of clients, backed by industry-leading sales and marketing, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top retailers and independent agents across the United States and Canada.

Atlanta, GA, September 22, 2020 – Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine and powersports industries, today announced Michelle Stewart has joined the company as chief information security officer.

Stewart brings over fifteen years of information security experience with her to Safe-Guard. Prior to joining Safe-Guard, she spent time at RentPath, Elavon (U.S. Bank), The American Cancer Society and AirTran Airways working to create information security standards and build improvements in IT governance, identity and access management, vulnerability management and application security. At Safe-Guard, Stewart will focus on building data security for Safe-Guard clients, dealers and contract holders while proactively addressing the evolving cybersecurity threat landscape.

“We are pleased to have Michelle join Safe-Guard as the chief information security officer,” said Kaizer Siraj, chief information officer of Safe-Guard. “Michelle’s deep experience within information security across multiple industries will prove to be a big asset to help us continue to secure our data. We’re excited to have Michelle as a part of our team as we continue to build the technology and infrastructure to serve and protect our clients’ and dealers’ businesses.”

Stewart holds a B.S. in industrial engineering from the University of Miami and an M.S. in management information systems from Nova Southeastern University.

About Safe-Guard Products International, LLC

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers the highest-quality programs and matches them with industry-leading sales and marketing, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top retailers and independent agents across the United States and Canada.

Atlanta, GA, August 18, 2020 – Today Prime Automotive Group announced a new partnership with Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine and powersports industries. Beginning August 12, Prime Automotive Group now provides a complete F&I product solution to Prime dealers under the Prime Automotive Protect brand along with original equipment manufacturer (OEM) branded products. The Prime Automotive Protect brand includes a full suite of 13 fully branded protection products, as well as a dedicated sales team, dealer business tools and technology integrations, and complimentary dealer training and sales and marketing content.

“Our partnership with Safe-Guard is a significant collaboration which will help strengthen the F&I business for our dealers,” said Pete Lebish, COO, Prime Automotive Group. “We pride ourselves on a strong connection between our dealers and the manufacturers and having Safe-Guard as our partner provides us with the powerful combination of the Prime Automotive Protect brand plus the OEM brand in applicable stores. This is a win-win for everyone.”

Prime Automotive Group represents 50-plus automotive dealerships, and 28 brands across eight states.

“Safe-Guard is excited to support Prime Automotive dealers with our complete solution,” said Tony Catania, chief revenue officer of Safe-Guard. “Our unique combination of the private label solution for Prime Automotive plus Safe-Guard’s management of more OEM protection product programs than any other provider allows us to deliver a one-stop resource for Prime dealers. We look forward to helping drive business and customer retention for Prime Automotive dealers.”

Based in Atlanta, Georgia, Safe-Guard manages protection product programs for over 50 strategic partners across the U.S. and Canada, offering a full suite of protection products and dealer business solutions in the automotive, RV, marine and powersport industries. More than 13 million consumers are protected under contracts by Safe-Guard.

  

About Prime Automotive Group

Prime Automotive Group consists of 50-plus automotive dealerships, 28 brands and five regional platforms across eight states. It generated $3.3 billion in annual revenue in 2019.

About Safe-Guard Products International, LLC

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers programs on behalf of clients, backed by industry-leading sales and marketing, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top retailers and independent agents across the United States and Canada.

Atlanta, GA, August 4, 2020 – Fuel Capital Group today announced a partnership with Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine and powersports industries. The program, launching August 3, enables the Fuel Capital Group to provide a complete, branded protection product solution to dealers under the Fuel Capital Protect name. Products available include Vehicle Service Protection (VSP), Guaranteed Asset Protection (GAP), and Tire & Wheel Protection. Additionally, Safe-Guard will support the Fuel Capital Protect program through technology integration, sales and marketing content and dealer training as well as the administration of the program.

“Joining forces with Safe-Guard provides a tremendous boost to our organization, our dealers and their riders,” said Stephen Pietrowicz, SVP of sales and marketing at Fuel Capital. “This partnership enables Fuel Capital to bring new, industry-leading solutions to the table for our dealers, which enhances their business by driving revenue and customer retention while improving the owner experience for the customers they serve.”

VSP offers customers multiple mechanical breakdown coverage plans with a variety of terms available. Additional benefits include towing, rental vehicle reimbursement and trip interruption coverage. GAP waives up to $50,000 of the “gap” due to a covered total loss and also covers up to $1,000 of the primary insurance deductible. Tire & Wheel Protection covers the replacement of tires or wheels that were structurally damaged due to a covered road hazard. It also includes towing reimbursements and covers the replacement of aftermarket tires and wheels during the remaining agreement terms. There are no deductibles and no limits on occurrences. All products include terms up to 48 months for leased bikes and 72 months for financed bikes.

At the core of Fuel Capital Group’s strategy is a technology-driven platform that provides dealers with near-immediate approvals, 100 percent paperless DocuSign contracting and 48-hour funding commitment. Fuel Capital’s mission is to become their dealer partners’ preferred funding solution by offering dealers and consumers a full credit spectrum of options with a fast seamless application, approval and funding process.

“We are thrilled to partner with Fuel Capital to provide them with a fully branded, one-stop resource to Safe-Guard’s proven protection products and dealer business solutions,” said Tony Catania, chief revenue officer of Safe-Guard. “Fuel Capital is a premier player within the motorsports industry and we’re proud to power innovative and value-added solutions for this great brand.”

Based in Atlanta, Georgia, Safe-Guard manages protection product programs for over 50 strategic partners across the U.S. and Canada, offering a full suite of protection products and dealer business solutions in the automotive, RV, marine and powersport industries. More than 13 million consumers are protected under contracts by Safe-Guard.

About Fuel Capital Group

Fuel Capital is a full spectrum motorcycle lender founded in 2018. Fuel Capital’s mission is to become the one-stop solution for powersports dealers by offering a variety of finance options. Fuel Capital’s technology-driven approach results in a fast approval and funding process with an average funding time of 48 hours. The company prides itself on a dealer service-driven program to help dealers sell more motorcycles and generate more repeat business.

For more information, visit https://www.fuelcapitalgroup.com/.

Visit us on Facebook at: FuelCapitalGroup or Linkedin at: Fuel-Capital-Group.

About Safe-Guard Products International, LLC

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers programs on behalf of clients, backed by industry-leading sales and marketing, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top retailers and independent agents across the United States and Canada.

Mississauga, Ontario, May 19, 2020 –  Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine and powersports industries, today announced Mary Buhr has joined the company as the director of account management and business development for Safe-Guard Canada, Ltd., effective immediately.

Buhr brings over a decade of automotive experience with her to Safe-Guard Canada, having started her career on the dealer side in finance and business management. Prior to joining Safe-Guard, Buhr spent five years working in dealer services and leading OEM relationships for a major finance and insurance provider. At Safe-Guard, Buhr will focus on building relationships with existing clients and partnering with David Wilke, national sales director, to grow Safe-Guard Canada’s client roster.

“We are excited to welcome Mary to Safe-Guard Canada as the director of account management and business development,” said David Pryor, president of Safe-Guard. “Mary’s multifaceted, deep experience within the automotive world will prove to be a big asset in leading and serving Safe-Guard’s current clients. We’re thrilled to have Mary as a part of our team as we continue to deliver full-service, branded solutions and drive our clients’ and dealers’ businesses forward.”

Buhr graduated with a B.A. in political economy from Trent University. In 2018, she was recognized by Auto Remarketing Canada on their annual “Remarketing’s Under 40” list. Earlier this month, Buhr was selected by Cherokee Media Group and Auto Remarketing Canada as a leading woman in automotive through their “Women & Automotive: Profiles in Leadership” program.

About Safe-Guard Products Canada

Founded in 2001 and based in Mississauga, Ontario, Safe-Guard Products Canada is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers the highest-quality programs and matches them with industry-leading marketing, dedicated sales and training, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top dealer groups and retailers across Canada.

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Dave Duncan Elevated to Executive Chairman; David Pryor to Become New President

Atlanta, GA, February 4, 2020 – Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine and powersports industries, today announced several additions to its sales leadership team. Broadening the leadership team signifies the first investment in people and solutions by Safe-Guard, its new ownership partner Stone Point Capital and minority partner Goldman Sachs.

As part of these changes, Dave Duncan has been elevated to the role of executive chairman. Under his leadership the company has expanded its product offerings, grown into additional channels and launched a range of branded solutions for clients and dealers. Duncan is a founding member of Safe-Guard, and in his new role will provide business development leadership and strategic direction for the company.

David Pryor has assumed the role of president. Pryor has been with Safe-Guard for seven years, most recently serving as chief revenue officer. As president, he will now oversee sales and marketing across U.S. and international markets and assume overall responsibility for execution of Safe-Guard’s growth strategy.

Tony Catania has been promoted to chief revenue officer, leading business development across multiple channels. Catania brings over 20 years of auto experience to the role and has been with Safe-Guard for eight years driving the growth of Safe-Guard’s branded solutions.

Roger Hilterbrandt joins Safe-Guard as an executive vice president to lead original equipment manufacturer (OEM) business development and account management, and direct-to-consumer (D2C) initiatives. Hilterbrandt brings more than 25 years of automotive marketing, sales and business development experience from previous roles at F&I Express, AutoTrader and Reynolds and Reynolds.

John Stewart joins Safe-Guard’s U.S. business as vice president of OEM field sales and is responsible for dedicated field sales teams across OEMs. Stewart will also lead the expansion of Safe-Guard’s retail training solution. Previously, he was the managing director of Safe-Guard’s Canadian subsidiary and has over a decade of F&I and retail experience.

Catania, Hilterbrandt and Stewart will report to Pryor.

“The depth we’ve added to our sales leadership team is a direct result of our growth and the opportunity that Safe-Guard sees as the market-leading branded protection product company,” said Randy Barkowitz, Safe-Guard’s chief executive officer. “These moves speak to our trajectory and signify a decisive investment in people by adding more depth to our high-performing team, which enables Safe-Guard to continue delivering innovative, connected solutions for our clients.”

Based in Atlanta, Georgia, Safe-Guard manages protection product programs for strategic partners across the U.S. and Canada, offering a full suite of protection products in the automotive, powersport, RV and marine industries. More than 13 million consumers are protected under contracts by Safe-Guard.

About Safe-Guard Products International, LLC

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers the highest-quality programs and matches them with industry-leading sales and marketing, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top retailers and independent agents across the United States and Canada.

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Market-Leading Protection Product Company Continues Rapid Growth

Atlanta, GA, January 27, 2020 – Safe-Guard Products International, LLC, the leading provider of third-party private label protection products for the automotive, RV, marine and powersports industries, today announced an investment in the company by funds managed by Stone Point Capital LLC. Affiliates of the Goldman Sachs Group, Inc., which first invested in Safe-Guard in 2012, will continue to own a minority interest in the company.

Based in Atlanta, Georgia, Safe-Guard manages protection product programs for over 50 strategic partners across the U.S. and Canada, offering a full suite of protection products in the automotive, powersport, RV and marine industries. More than 13 million consumers are protected under contracts by Safe-Guard.

“Safe-Guard is in the unique position to welcome Stone Point Capital as a new investor with deep industry experience while continuing our successful relationship with Goldman Sachs through its renewed investment,” said Randy Barkowitz, Safe-Guard’s chief executive officer. “With continued development of people, product, technology and our service infrastructure, we remain committed to delivering innovative solutions and value-added customer support to our strategic partners and customers.”

Stone Point Capital owns and invests in leading companies within the financial services and related industries. “Since its inception, Safe-Guard has placed a premium on service and innovation, which has led to the company’s remarkable growth,” said Chuck Davis, chief executive officer of Stone Point Capital. “We are pleased to invest in the company as it commits to further enhance the technology, infrastructure and service that has made Safe-Guard the market leader. We look forward to a strong partnership with the Safe-Guard team and Goldman Sachs.”

Goldman Sachs Merchant Banking Division acquired Safe-Guard in 2012 and will retain a significant stake in the company. “We are extremely proud of the growth that Safe-Guard and its management team have achieved during our ownership period, which has solidified the company’s position as the category leader in its space in North America,” said Sumit Rajpal, co-head of Goldman Sachs Merchant Banking Division. “Safe-Guard is well positioned to continue its stellar growth under its talented and experienced management team led by Randy Barkowitz, and we are excited to partner with Stone Point Capital in continuing our journey with the company.”

Goldman Sachs and Jefferies acted as joint financial advisors, and Davis, Polk & Wardwell LLP acted as legal counsel to Safe-Guard. Debevoise & Plimpton LLP and White & Case LLP acted as legal counsel to Stone Point Capital.

About Safe-Guard Products International, LLC

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of branded vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers programs on behalf of clients, backed by industry-leading sales and marketing, advanced technology solutions and comprehensive customer service. Safe-Guard is a proud partner to original equipment manufacturers (OEMs), top retailers and independent agents across the United States and Canada.

About Stone Point Capital LLC

Stone Point Capital LLC is a financial services-focused private equity firm based in Greenwich, CT. The firm has raised and managed eight private equity funds – the Trident Funds – with aggregate committed capital of more than $25 billion. Stone Point targets investments in companies in the global financial services industry and related sectors. For more information, please visit www.stonepoint.com.

About Goldman Sachs Merchant Banking Division

Founded in 1869, The Goldman Sachs Group, Inc., is a leading global investment banking, securities and investment management firm. Goldman Sachs Merchant Banking Division (MBD) is the primary center for the firm’s long-term principal investing activity. MBD is one of the leading private capital investors in the world with investments across private equity, infrastructure, private debt, growth equity and real estate.

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Location in St. Laurent, QC, Will Service Quebec Partners and Support Sales and Training

Atlanta, GA, May 7, 2018 – Safe-Guard Canada is pleased to announce their new training facility located just outside of Montreal to better service Quebec clients and their dealers. This new location will allow Safe-Guard to broaden retail training and development support for dealers within Safe-Guard’s client roster including BMW Canada, Harley-Davidson Financial Services, Honda Financial Services, Mercedes-Benz Financial Services, Nissan Canada Extended Services, Inc., Porsche Financial Services and North American Automotive Group.

Safe-Guard offers a wide range of retail training and development including certification courses, regional workshops and meetings, and train-the-trainer opportunities. The new Montreal facility includes a boardroom to host corporate and dealer personnel, a large training room that will be utilized for multilingual training and business offices staged like a finance office in a dealership to simulate real-world scenarios. Safe-Guard’s F&I training curriculum includes product knowledge, sales techniques, compliance basics and the customer experience, all led by expert Safe-Guard sales/training staff with real-world dealer and F&I experience. Courses have proven beneficial for dealer staff in the finance office, service drive and business office.

“We’re very excited about the opening of our new Montreal training office,” said Scott Ashby, GM of Safe-Guard Canada. “Our new facility will allow us to better service our Quebec partners and coach them on the latest F&I product knowledge, how to build value for their customers and compliance standards in order to help them grow their businesses and create long-term customers.”

Safe-Guard has been serving Canadian customers since 2001 and has their main office in Mississauga, Ontario. The new Safe-Guard Canada sales and training facility in Montreal opened April 1, 2018.

About Safe-Guard Products Canada

Headquartered in Mississauga, Ontario, Safe-Guard Canada, Ltd., has been serving Canadian customers since 2001 and is the leading provider of vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers the highest-quality programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading sales and marketing. Safe-Guard is a proud partner to top retailers and original equipment manufacturers (OEMs) across Canada.

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Atlanta, GA, January 15, 2018 – Safe-Guard Products International commemorated 25 years of service in the finance and insurance space in 2017, a year in which the company gained five new clients and five all-new products were added to their suite of protection products. The past year also marked the company reaching a milestone of processing nearly four million contracts annually while adding several team members to a staff of nearly 600.

In 2017, Safe-Guard added clients Aegis Security Insurance Company, Alphera Financial Services (a division of BMW Financial Services), Rolls-Royce (a division of BMW Financial Services), RumbleOn and Volkswagen Credit Inc. (Volkswagen, Audi and Ducati brands) to their roster of nearly 40 brands. Safe-Guard’s support for these clients includes fully private-labeled product solutions and industry-leading sales, marketing and administration. All-new products launched to clients in 2017 included Diminished Asset Protection (DAP), Tire Protection for customers in the service drive, Tire & Wheel Protection for commercial vehicles, a cosmetic version of Multi-Coverage Protection, and ZAZ GPS. In total, Safe-Guard now offers 19 different vehicle protection products to clients and their dealers.

Safe-Guard reached the milestone of selling 25 million contracts in 2017, coinciding with the company’s 25th anniversary. Safe-Guard now administers almost four million contracts annually. The claims team reached a milestone of reviewing and processing over 70,000 claims per month.

In the wake of last year’s major hurricanes Harvey and Irma, nearly $7.5 million was paid on nearly 2,000 GAP claims. The impact from these natural disasters triggered an immediate need for increased customer and dealer support, prompting Safe-Guard to quickly hire additional customer service and claims staff to support increased call volumes and reduce timing for claims processing.

Safe-Guard hired 38 employees in 2017 to support the new client and expanding product portfolios in both the U.S. and Canada. In the past year, the organization increased its focus on retail field support in order to help drive sales, and eCommerce and integrations with client and partner technology as the automotive industry continues to shift to digital retailing.

As for technology and service offerings, the company launched a new online self-service claims microsite, new and enhanced functionality within dealer portals, continued enrichments to the mobile claims app, a new business intelligence and reporting application and an enhanced dealer training offering.

As for community efforts, 2017 saw the Safe-Guard team supporting various nonprofit organizations surrounding education and family in both the U.S. and Canada, with team members serving nearly 400 hours in the community.

“2017 was an important year for us, not only because it was our 25th anniversary, but because we crossed many major milestones as an organization,” said Safe-Guard CEO Randy Barkowitz. “As we continue to grow with new clients and dealers, we will continue to increase our focus on providing innovative business solutions that help our dealers sell efficiently and help connect the automotive ecosystem. And of course this comes back to our talented and dedicated team and continual technology improvement. We’re quite excited about 2018 and what’s to come.”

About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of vehicle protection products in the finance and insurance space to the automotive, RV, marine and motorcycle/powersports industries. The company develops, markets and administers the highest-quality programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading sales and marketing. Safe-Guard is a proud partner to top retailers, original equipment manufacturers (OEMs) and independent agents across the United States and Canada.

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Atlanta, GA, February 16, 2016 – Safe-Guard Products International, LLC, is pleased to announce a partnership with VW Credit, Inc. (“VCI”), doing business as Volkswagen Credit, Audi Financial Services and Ducati Financial Services, and the planned introduction in the United States of Volkswagen- and Audi- branded lines of automobile protection products, together with a Ducati-branded line of motorcycle protection products. Working in collaboration, the parties will develop, market and distribute the new enhanced suite of products with program introduction to the Volkswagen, Audi and Ducati dealer networks beginning on January 1, 2017.

Richard Howse, VP of marketing and business development for VCI, noted that providing a proven platform for dealer support in the distribution of branded vehicle protection products was key to the collaboration with Safe-Guard. Dealer support will include a fully dedicated national sales and training team consisting of 28 employees, a completely branded marketing offering and cutting-edge technology including a branded mobile claims application. A private label program providing vehicle protection products for nonbrand vehicles will also be made available for network dealers.

“Safe-Guard’s focus on a dedicated and completely branded sales and marketing solution will offer Volkswagen, Audi and Ducati network dealers the tools to help build customer satisfaction in parallel to supporting such dealers’ business needs,” said Randy Barkowitz, chief executive officer of Safe-Guard. “Building customer-focused protection product solutions is our number one priority, and Safe-Guard is proud to support a world-class customer and dealer experience for these brands.”

About VW Credit, Inc.

VW Credit, Inc. (VCI), was founded in 1981 to function as the captive financial services arm of Volkswagen Group of America, Inc., and is affiliated with Volkswagen of America, Inc., Audi of America, Inc., and Ducati North America, Inc. VCI services Volkswagen, Audi and Ducati customers, authorized automotive/motorcycle dealers and their affiliated stores as Volkswagen Credit, Audi Financial Services and Ducati Financial Services. The company provides competitive financial products and services to dealers and their customers in the United States. VCI also manages and markets branded financial services through third-party providers. The company is headquartered in Herndon, VA. It maintains operational and customer service centers in Libertyville, lL, and Portland, OR, a remarketing department in Auburn Hills, MI, and regional offices in Woodland Hills, CA, Alpharetta, GA, Woodcliff Lake, NJ, Irving, TX, and Rosemont, IL.

About VWFS Protection Services, Inc.

Established in 2015 to serve as the obligor for the branded line of automobile and motorcycle protection products to be made available to Volkswagen, Audi and Ducati network dealers in the United States, VWFS is a wholly owned subsidiary of VCI with headquarters in Herndon, VA.

About Safe-Guard Products International, LLC

Founded in 1992 with global headquarters in Atlanta, Georgia, Safe-Guard is the leading provider of finance and insurance products in the automotive aftermarket industry and motorcycle segment. Safe-Guard develops, markets and administers the highest-quality finance and insurance programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading training.

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Atlanta, GA, August 17, 2015 – Safe-Guard Canada is pleased to announce their relocation to a new, state-of-the-art office location in Mississauga, Ontario, to better service Safe-Guard clients such as Honda Financial Services, Mercedes-Benz Financial Services, Nissan Canada Extended Services, Inc., Porsche Financial Services and North American Automotive Group as well as their dealers across Canada. With continued growth in the Canadian automotive industry, an increased focus from auto dealers on finance and insurance (F&I) products, and desire from consumers for complete and carefree auto protection, demand for F&I products is at an all-time high. Safe-Guard has been serving Canadian customers since 2001 and is now expanding Canadian operations at a new facility in Mississauga, Ontario.

The new and relocated facilities in Mississauga provide the necessary space and technology for Safe-Guard Canada’s growing call center and customer service team. The new facility also allows Safe-Guard to grow its training capacity and support Canadian clients and dealers with training initiatives through learning curricula such as Safe-Guard University and Nissan Academy. The office includes advanced training facilities and technologies to host corporate, regional and dealer personnel, and also offers technologies that allow one-on-one finance manager coaching. Safe-Guard University and other customized training programs are led by Safe-Guard managers with real-world dealer experience.

“We’re very excited about the opening of our new Mississauga office,” said Randy Barkowitz, CEO of Safe-Guard. “As our industry grows, we want to be able to coach our clients and their dealers on the latest F&I product knowledge, sales best practices and compliance standards. Our new and expanded office in Mississauga will allow us to offer on-site solutions to our Canadian partners to help them grow their businesses and create long-term customers. And having a new and expanded facility in Mississauga will better position Safe-Guard Canada to support and grow our clients’ businesses.”

The new Safe-Guard Canada office opens August 17, 2015.

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Atlanta, GA, August 18, 2014 – Safe-Guard Products International, LLC, announced that Jardon Bouska has joined the company as chief operating officer.

“I am pleased to welcome Jardon to the Safe-Guard team as chief operating officer,” said Randy Barkowitz, CEO of Safe-Guard. “His role will be essential to the next stages of growth within our company, and will help drive our commitment to operational excellence in order to better support our customers and our channel partners.”

With over 25 years of experience in strategic management, business development and daily operations, Bouska has a background that appeals to both the corporate and entrepreneurial side. Most recently Bouska was division president for Biller Solutions from Fiserv, which offers electronic billing and payment technologies for many Fortune 500 companies including Verizon, AT&T, Nissan, Bank of America, Allstate and Walmart. In addition to leadership roles in customer care, operations, IT and product management, Bouska has had success as co-founder, president and chief operating officer of SecureWorks, a company subsequently purchased by Dell.

“I am excited to join a strong leadership team with such entrepreneurial spirit. I look forward to leading the operational voice of Safe-Guard. It is my goal to help widen the margin that makes this company an industry leader and drive us into the next stages of success,” said Bouska.

About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of finance and insurance products in the automotive aftermarket industry as well as the RV, marine and motorcycle/powersports segments. The company develops, markets and administers the highest-quality finance and insurance programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading training. Safe-Guard is a proud partner to more than half the country’s top 500 dealers, the most successful general agents and the largest dealer groups across the United States and Canada. With a complete product portfolio and smart technology solutions, top original equipment manufacturers (OEMs), dealers and independent agents choose Safe-Guard more than any other provider.

If you would like more information about this topic, please contact Kelly Noren at 404-816-3221 ext. 9477 or email at [email protected].

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Location in Irvine, CA, Will Service West Coast Partners and Support Sales & Marketing

Atlanta, GA, January 13, 2014 – Safe-Guard Products International, LLC, is pleased to announce the opening of a third office location in Irvine, California, to better service clients across the United States and Canada. With recent growth in the automotive industry, an increased focus from auto dealers on finance & insurance (F&I) products and desire from consumers for complete and carefree auto protection, demand for F&I products is at an all-time high. Established in 1992, Safe-Guard is headquartered in Atlanta and opened an office in Toronto to service Canadian clients in early 2013.

The expansion to Irvine also allows Safe-Guard to grow their training capacity and support West Coast partners in training initiatives through Safe-Guard University. The office includes advanced training facilities and technologies to host corporate, regional and area salespersons. Safe-Guard University and other customized training programs are led by Safe-Guard managers with real-world dealer experience.

“We’re very excited about the opening of our Irvine office,” said Randy Barkowitz, CEO of Safe-Guard. “Client service is an important part of who we are. Having an office in Irvine will allow us to focus on West Coast partners to help them grow their business and create long-term customers. And having a state-of-the-art facility on the West Coast will help us expand our training capacity in order to continue to propel our clients’ businesses forward.”

The Safe-Guard Irvine office opened in December of 2013.

   

About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of finance and insurance products in the automotive aftermarket industry as well as the RV, marine and motorcycle/powersports segments. The company develops, markets and administers the highest-quality finance and insurance programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading training. Safe-Guard is a proud partner to more than half the country’s top 500 dealers, the most successful general agents and the largest dealer groups across the United States and Canada. With a complete product portfolio and smart technology solutions, top original equipment manufacturers (OEMs), dealers and independent agents choose Safe-Guard more than any other provider. 

If you would like more information about this topic, please contact Kelly Noren at 404-816-3221 ext. 9477 or email at [email protected].

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Tire & Wheel Protection Programs Offered Through Toyota and Lexus Dealers

Atlanta, GA, December 9, 2013 – Safe-Guard Products International, LLC, is pleased to announce a new partnership with Toyota Financial Services and Lexus Financial Services. Tire & Wheel Protection plans administered by Safe-Guard will be available to Toyota and Lexus buyers and lessees in dealer showrooms beginning December 9.

Developed through a partnership with Toyota Financial Services and in collaboration with Toyota and Lexus dealers, plans include:

• Full tire replacement (no plugs or patches; customers receive a new tire with a qualified claim, including for run-flat and aftermarket tires).
• Wheel replacement (when damage to the wheel prevents a seal between the tire and wheel).
• No limit to the number of claims; no aggregate dollar limit.
• Towing reimbursement (up to $100 when there is road hazard damage to the tire or wheel).
• Related costs for labor and fees.
• One-time transferability of benefits should the Toyota or Lexus vehicle be sold to a private party.

Through this plan, dealers will also have an option to offer cosmetic wheel repair for wheel scuffs and dings,¹ as well as an option to offer paintless dent repair and windshield repair.

“We’re pleased to have partnered with Toyota Financial Services to build and offer this whole new level of customer care,” said Dave Duncan, president of Safe-Guard. “Americans are spending more time on the road; average commute time is over 25 minutes with over 10 million people commuting an hour or more to work each day, and tire and wheel replacement can be a substantial out-of-pocket expense. Safe-Guard’s Tire & Wheel products add safety, security and peace of mind for Toyota and Lexus customers in the event their tires or wheels become damaged as a result of a road hazard. And it’s a greater opportunity for dealers to increase sales and customer retention, and build Toyota brand advocates.”

Interested Toyota and Lexus buyers should contact their local dealer to confirm Tire & Wheel Protection plans available.

¹ Cosmetic wheel repair option is not available in all states.

 

About Safe-Guard Products International

Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC, is the leading provider of finance and insurance products in the automotive aftermarket industry as well as the RV, marine and motorcycle/powersports segments. The company develops, markets and administers the highest-quality finance and insurance programs and matches them with unparalleled customer service, advanced technology solutions and industry-leading training. Safe-Guard is a proud partner to more than half the country’s top 500 dealers, the most successful general agents and the largest dealer groups across the United States and Canada. With a complete product portfolio and smart technology solutions, top original equipment manufacturers (OEMs), dealers and independent agents choose Safe-Guard more than any other provider.

About Toyota Financial Services

TFS is the finance and insurance brand for Toyota in the United States, offering retail auto financing and leasing, as well as commercial equipment, truck and fleet financing, through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS also offers extended service contracts through Toyota Motor Insurance Services (TMIS). Lexus Financial Services is the brand for financial products for Lexus dealers and customers. TFS currently employs more than 3,200 associates nationwide, and has assets totaling over $95 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly owned subsidiary of Toyota Motor Corporation.

If you would like more information about this topic, please contact Kelly Noren at 404-816-3221 ext. 9477 or email at [email protected].

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