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 re-insurance 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 C.E.O. 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 powersports 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 contact: Samantha Sampson, Sym-Tech Dealer Services 905.889.5390, ext. 2930 firstname.lastname@example.org or visit www.sym-tech.ca.