EPG Insurance, a provider of insurance sold through heavy equipment dealers, manufacturers and finance companies, and Assurant, a global provider of risk management solutions, will partner to provide insurance and equipment protection. The companies will offer point of sale property insurance solutions and extended service contracts for customers of construction, agriculture, logging and trucking industries.
“Partnering with Assurant will enable EPG to continue providing innovative products to serve our current industries while opening up new opportunities to continue our growth and develop new offerings and serve new categories,” said Dale Hendrix, CEO of EPG.
Joint offerings from EPG and Assurant will include loss damage waivers, property insurance, gap insurance, liability and equipment service contract programs, all made available during the sale or rental transaction. The products and services will be sold through EPG’s network of dealer and manufacturer partners and will be integrated into dealership finance and manufacturer dealer portal systems.
“EPG is a leader that has earned the trust of their dealer and manufacturer partners in all of their industries,” said Dina Olsen, SVP of Global Specialty Products at Assurant. “Together we will deliver a comprehensive line of products that can grow and be customized quickly to best serve our clients and customers.”
The EPG and Assurant partnership is effective immediately and product offerings are already in place.
We can’t remember the last time we rented a car during business travel. Ride sharing is so much easier and usually less expensive. No rental car pickup, parking hassles, hotel valet fees or airport car drop-off. Ride sharing services and... read more
MONITOR: AI and robotics process automation are hot topics. How close is the equipment finance industry to adoption of these trends and how will it affect large and small lessors? GHAURI: With tens of millions of customers holding loans worth... read more