SOURCE: The Warranty Group, Inc.

The Warranty Group, Inc.

January 27, 2010 10:12 ET

Virginia Surety Announces Administrative and Marketing Agreement With Express Systems

CHICAGO, IL--(Marketwire - January 27, 2010) - Virginia Surety Company, Inc. (VSC), a subsidiary of The Warranty Group, Inc., announced an agreement with Express Systems, Inc. to provide underwriting and actuarial services for their reinsured product offerings.

"We are excited to announce the expansion of a nearly 20-year relationship with Express and its associated companies," said Mike Frosch, senior vice president of VSC. "This new endeavor includes guaranteed asset protection (GAP) as well as other related finance and insurance product offerings. Our goal is to help Express continue to grow its business by providing world class underwriting and actuarial services that compliment their value proposition."

"Our partnership with VSC is another significant step in the growth of Express Systems," said Dan Haugen, General Manager of Express Systems. "We will be bringing more product and service value to the dealer reinsured industry through leveraging VSC's underwriting and marketing strength."

VSC and Express Systems share a long history of client satisfaction and industry-leading client support.

About The Warranty Group

The Warranty Group is the world's premier provider of service contracts and related benefits, with operations in 36 countries and more than 2000 employees. By providing underwriting, claims administration, compliance and marketing expertise, The Warranty Group is a single-source solution for manufacturers, distributors and retailers of consumer goods including autos, homes, consumer electronics, furniture and appliances as well as financial institutions and the travel and leisure industry.

About Express Systems, Inc.

Express Systems is a leader in dealer reinsurable after-market products, including service contracts and anti-theft related products. For over 15 years, the company has provided full marketing and contract/claims administration for a wide variety of products across all 50 states, including many of the largest dealer groups.

Contact Information

  • For more information, contact:
    Rob Mancuso
    SVP Corporate Communications
    The Warranty Group
    Email Contact