Assurant Expands Partnership with Holman for 30 New Dealerships

Assurant, a global protection company, has expanded its partnership with Holman, a US dealership group, to support 30 newly added locations. Assurant will provide finance and insurance products, dealership sales and F&I training, and guidance on participation programs. The partnership aims to deepen collaboration and enhance customer satisfaction. Holman's National Director of Finance noted that Assurant has helped drive F&I profitability and operational consistency, with the newest North Carolina dealerships achieving over $200 PVR and delivering an improved customer experience.

Assurant, Inc. (NYSE: AIZ), a premier global protection company, has announced an expansion of its partnership with Holman, a leading U.S. dealership group. The collaboration aims to support 30 newly added dealership locations following Holman's acquisition of Leith Automotive Group. Assurant will provide finance and insurance (F&I) products, dealership sales and F&I training, and guidance on participation programs to these new locations [1].

Joe Amendola, VP of Business Development & Strategy at Assurant Dealer Services, expressed excitement about the opportunity to deepen the collaboration with Holman. "We have successfully onboarded the newest Holman dealership teams and are energized to work even more closely to elevate customer satisfaction and drive meaningful results," he said [1].

Shelby Preble, National Director of Finance at Holman, highlighted the role Assurant has played in driving F&I profitability and ensuring operational consistency. "As we welcomed these already well-run dealerships into the organization, we wanted to ensure consistency across our entire family of dealerships and continue to optimize performance," Preble said. "Through our partnership with Assurant, our newest platform in North Carolina is already up over $200 PVR, providing the resources our dealerships need to continue to thrive while also helping us deliver an exceptional customer experience" [1].

Assurant Global Automotive, a leading provider in the automobile and commercial equipment industries, offers innovative automotive solutions such as vehicle service contracts, guaranteed asset protection, and ancillary products. The company has over 60 years of experience and protects 55 million motor vehicles in 19 countries [1].

Holman, founded in 1924, is a global automotive leader serving both commercial and consumer clients. With over 10,000 employees across North America, the UK, and Germany, Holman provides a range of automotive services including fleet management, leasing, and insurance. The company is guided by its core values and principles, continuously driving what's right for its people, customers, and the community [1].

This expansion underscores Assurant's commitment to supporting the automotive industry with its comprehensive suite of services, while Holman benefits from Assurant's expertise in driving operational efficiency and customer satisfaction [1].

References:
[1] https://www.theglobeandmail.com/investing/markets/markets-news/Business%20Wire/34272873/assurant-expands-partnership-with-holman/