Fortegra agrees to furnish underwriting, risk management, and regulatory compliance for New Leaf service contract programs.
IRVING, Texas – February 10, 2015 – Fortegra, a Tiptree Financial Inc. company (NASDAQ:TIPT), and New Leaf Services, LLC (New Leaf) today announced a new partnership empowering Fortegra to provide underwriting, risk management, and regulatory compliance for new service contract programs launched by New Leaf.
The new relationship will combine the aggressive growth and rating of Fortegra with the innovation and deep industry knowledge of New Leaf to form a strong product offering for retailers looking for something new and different in the service contract industry.
“We are very excited to be partnering with Fortegra,” said Sean M. Hicks, Chief Executive Officer, New Leaf. “Fortegra has the reputation and financial rating that knowledgeable retailers in the service contract industry need.” We look forward to a very long and mutually beneficial relationship with their team.”
“New Leaf is filling a need in the service contract marketplace that Fortegra is excited to support,” added Executive Vice President Joe McCaw. “We’re pleased to be working with the entire New Leaf team and eager to continue building the Fortegra service contract portfolio.”
For more information on the new relationship between Fortegra and New Leaf, please contact, Sean Hicks at (972)573-1268 or sean@newLeaf.com.
About New Leaf Service Contracts, LLC:
Based in Irving, Texas, New Leaf partners with A-rated insurance carriers to administer and market service contracts throughout the U.S. on a wide range of products including: automotive, consumer electronics, fitness equipment, jewelry, musical instruments, optics & eyewear, furniture, medical, home & garden equipment, and more. For more information, visit trynewleaf.com.
About Fortegra:Fortegra, a Tiptree Financial Inc. company, is a single source insurance company that, through a network of preferred partners, offers a range of specialty program underwriting, credit protection, and warranty solutions. Delivering multi-faceted coverage with an unmatched service experience for both resellers and their customers, Fortegra solves immediate, everyday needs, empowering consumers to worry less and experience more. To learn more about Fortegra and its products, visit fortegra.com.