Sym‐Tech Dealer Services (the “Company” or “Sym‐Tech”)
announced today that AmTrust Financial Services, Inc. (NASDAQ: AFSI), through
its subsidiary AMT Warranty, has partnered with Sym‐Tech through a minority
investment in the Company.
“We are very pleased that AMT
Warranty chose to partner with Sym‐Tech,” said Brad Wells, CEO of Sym‐Tech
Dealer Services. “AMT Warranty’s automotive expertise as well as their
underwriting, OEM, insurance and reinsurance knowledge and experience will
allow for an expanded offering of F&I products and services for clients in
Canada.”
Sym‐Tech drives improved business office performance. A full
suite of F&I products, industry‐proven training and in‐dealership
development, as well as F&I menu and proprietary technology, combine to
drive dealer performance and profitability.
Sym‐Tech’s 40 year history of serving Canadian dealers,
combined with AMT Warranty’s extensive insurance services and solid financial
backing, create a unique partnership that provides Canadian OEMs, auto dealers
and automotive dealer groups with one of the most comprehensive offerings
available. The full suite of solutions includes:
• A complete line of F&I products and programs
• Training and in‐dealership development
• Proprietary F&I technology
• Expertise in underwriting, actuary, insurance and
re‐insurance services
“AMT Warranty has experienced tremendous success in the United
States and we look forward to extending our success to the Canadian marketplace
through a long‐term relationship with Sym‐Tech,” said Sean Stapleton, President
and CEO of AMT Warranty. “Sym‐Tech has a solid reputation, one of the best
F&I software platforms in the industry, extensive knowledge of the market
and significant experience. Importantly, Sym‐Tech’s vision, values and
strengths are strongly aligned with AmTrust.”
About AMT Warranty
AMT Warranty
Corporation, a wholly owned subsidiary of AmTrust Financial Services, Inc.
(NASDAQ: AFSI), provides finance and insurance products to automobile,
RV/trailer, marine and power sports retailers, manufacturers and financial
institutions. AMT Warranty offers innovative F&I products, program
development and customer support. With over 25 million active contracts, AMT
Warranty has a reputation for providing highly scalable and financially
successful programs. By incorporating extensive industry knowledge, customized
program options and a customer centric approach to service, AMT Warranty has
become the leading provider of F&I products in the aftermarket industry.
About Sym‐Tech Dealer Services Inc.
Founded in 1971, Sym‐Tech Dealer Services Inc. is a leading
Canadian F&I provider to the retail automotive industry. Sym‐Tech is a
performance‐driven company with the mandate to help improve business office
performance. Sym‐Tech offers F&I products, industry‐proven training and
in‐dealership development, as well as F&I menu and a proprietary software
platform (d.a.v.e®) which drive dealer performance and profitability.
For more information about AMT Warranty Corp
feel free to visit: – https://about.me/amtservicecorp
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