IAS Expands Underwriting Relationship With Assurant Solutions

Fri Oct 30, 2009 9:00am EDT
 
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AUSTIN, Texas, Oct. 30 /PRNewswire/ -- Innovative Aftermarket Systems (IAS), a
leading provider of F&I software and aftermarket programs, today announced the
expansion of its underwriting relationship with Assurant Solutions to include
Tire and Wheel. IAS and Assurant Solutions currently enjoy a strong and
mutually beneficial relationship with IAS on programs such as Key Replacement,
Independent Dealer GAP and GAP Dealer Reinsurance. 

IAS carriers recognize the company as a superior administrator. The new
five-year underwriting agreement with Assurant Solutions enables the company
to provide its agents and dealers with the stability they need. The new
coverage is effective December 1, 2009 in virtually all states. 

IAS products are underwritten by Assurant Solutions affiliate American Bankers
Insurance Company of Florida in all states except Minnesota, where another
affiliate, American Reliable Insurance Company underwrites the business. A.M.
Best Co., an independent global full-service credit rating organization, rates
American Bankers A "Excellent" for financial strength and ability to meet its
ongoing insurance policy and contract obligations. 

"Assurant is a world-class company and has proven its commitment to the
automotive service contract and gap industry," said Bob Corbin, president of
IAS. "We are very proud to call them our insurance partner." 

About IAS 

Innovative Aftermarket Systems (IAS) is the leading provider of F&I
aftermarket programs to automotive dealerships. IAS offers a variety of
products including, GAP, Invisible Phantom Footprints, Theft Avert, Super
Polysteel, The Preferred Advantage, R.O.A.D. InTire, among others.
Additionally, IAS' flagship software suite, SmartDealerProducts, provides
revolutionary F&I software solutions for dealerships and their customers. IAS'
training department, SmartDealerUniversity, provides ongoing training and
feedback to ensure continued penetration, ethical presentations and increased
profits for IAS dealership customers. Headquartered in Austin, Texas, IAS has
hundreds of certified agents throughout the United States and provides
technology solutions and aftermarket products for many of the top-100 dealer
groups. For more information, please visit www.iasdirect.com. 

About Assurant Solutions and Assurant, Inc. 

Assurant Solutions businesses develop, underwrite, market and administer
specialty insurance, extended service contracts and other risk management
solutions through collaborative relationships with leading financial
institutions, retailers, automobile dealers, funeral homes, utilities and
other entities. With operations in 25 cities, including executive offices in
Atlanta, Ga., Assurant Solutions serves clients and their customers in 12
countries throughout North America, the Caribbean, Latin America, Europe and
Asia. www.assurantsolutions.com

Assurant Solutions is part of Assurant, a premiere provider of specialized
insurance products and related services in North America and selected
international markets. Assurant, a Fortune 500 company and a member of the S&P
500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant
has more than $25 billion in assets and $8 billion in annual revenue.



SOURCE  Innovative Aftermarket Systems

Bob Corbin of Innovative Aftermarket Systems, 1-800-346-6469

 

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