The Warranty Group Announces Agreement With Garbarino S.A.I.C. e I.


CHICAGO, IL--(Marketwired - Aug 14, 2013) - The Warranty Group, a leading global provider of warranty solutions and related programs, is pleased to announce a multi-year agreement with Garbarino Group, the largest retailer of household appliances and consumer electronics in Argentina, which includes Garbarino S.A.I.C. e I. and Compumundo S.A. e I.

Under the agreement, The Warranty Group and its subsidiaries will provide underwriting, administration and training support for Garbarino's extended warranty and purchase protection program which was launched earlier this month.

"Garbarino's commitment to customer satisfaction and need to partner with a world-class warranty provider made us a perfect match," said Craig Robinson, Executive Vice President of The Warranty Group's Latin America operations. "We are privileged to be working with such a distinguished partner and we look forward to helping Garbarino expand their market share and retail operations."

"Garbarino feels extremely privileged to work with The Warranty Group. Partnering with the worldwide leader in warranty insurance contributes added value to our daily operations, and provides a broad set of benefits to our customers which allows us to strengthen our market leadership," stated German Wiefling, Commercial Director of the Garbarino Group.

The new program is being implemented throughout Garbarino's and Compumundo's 153 retail store locations in Argentina.

About The Warranty Group
The Warranty Group is one of the world's premier global providers of service contracts and related benefits, with operations in over 30 countries and 1,900 employees. With underwriting, claims administration and marketing expertise across the globe, The Warranty Group is a single-source solution for leading manufacturers, distributors, and retailers of consumer goods including automobiles, homes, consumer appliances, electronics, and furniture, as well as specialty insurance products and services for financial institutions. For more information, visit www.thewarrantygroup.com

About Garbarino S.A.
Argentina Garbarino, founded in 1951, is the leading company in the sale of household appliances, audio, telephony, electronics and information technology, with over 60 years experience and over 100 locations across the country, bringing customers the latest in technology. Garbarino offers the most prestigious brands of household items, providing a wide variety of products that includes the sale of over 5,000 products. Specialties including computer, TV and video, appliances, computers, gaming, audio, accessories and supplies, electronics, motorcycles, and personal care. For more information, visit www.garbarino.com and www.compumundo.com