CHICAGO, IL -- (Marketwired) -- 09/16/15 -- The Warranty Group, a leading global provider of warranty solutions and underwriting services, is proud to announce the launch of electronic menu integration for their US automotive clients, powered through a relationship with Dealertrack Technologies. Electronic menus will help clients increase extended warranty sales by allowing for point of sale quoting, selling, fulfilment, and notification.
"We are excited to be offering state of the art F&I electronic integration through Dealertrack Technologies," said Charles A. Robinson IV, President and Chief Operating Officer, Resource Automotive, a wholly-owned subsidiary of The Warranty Group. "Both clients and their customers will benefit from this new streamlined system. With Dealertrack's industry leading technology, our clients will have the ability to instantly connect customers to the coverage solutions they need, increasing customer close-rates, rapport, and satisfaction."
"As technology impacts every facet of the automobile industry, integrating electronic menus into the desktop and mobile F&I workflow is a logical application," said Michael Collins, Senior Vice President, Lender and F&I Solutions, Dealertrack. "Dealertrack is proud to work with The Warranty Group on this initiative because both companies are committed to helping clients transform their businesses and grow profits through integrated services and improved customer satisfaction."
Installations of Dealertrack's desktop electronic menu tool will begin with existing clients in September, 2015 and continue through all of 2016. Dealertrack's eMenu for iPad will also be available for The Warranty Group's clients.
About The Warranty Group: Celebrating more than 50 years of industry leadership, The Warranty Group is one of the world's premier global providers of warranty solutions and related benefits, with operations in more than 35 countries and nearly 1,700 employees. With Virginia Surety Company and London General Insurance as our wholly-owned insurance companies, The Warranty Group is a single-source solution that provides underwriting, claims administration, and marketing expertise to some of the world's 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 Dealertrack Technologies: Headquartered in Lake Success, New York, Dealertrack Technologies delivers integrated web-based tools, services and technologies that drive efficiencies and profitability for automotive retailers, including dealers, lenders, OEMs, third-party retailers, agents and aftermarket providers. Currently, Dealertrack hosts more than 60 million unique visitors per month on 20,000 dealer websites, and operates the industry's largest online credit transaction network, connecting more than 20,000 dealers with more than 1,500 lenders. Dealertrack's market-leading suite of integrated solutions include Dealer Management Systems (DMS), Inventory, Sales and F&I, Digital Marketing, Registration and Titling, CRM, Fixed Operations and Independent Dealer solutions.
Safe Harbor for Forward-Looking and Cautionary Statements
Statements in this press release regarding the benefits of Dealertrack solutions, any conclusions or statements based thereon and all other statements in this release other than the recitation of historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of Dealertrack Technologies to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements.
Factors that might cause such a difference include the performance and acceptance of the Dealertrack solutions and other risks listed in our reports filed with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ending December 31, 2014 and our Quarterly Reports on Form 10-Q. These filings can be found on Dealertrack Technologies' website at www.dealertrack.com and the SEC's website www.sec.gov. Forward-looking statements included herein speak only as of the date hereof and Dealertrack Technologies disclaims any obligation to revise or update such statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events or circumstances.
