Auto Finance

The automobile industry is currently enjoying record sales levels and incentives continue to attract new and repeat customers. The auto finance business is comprised of roughly 50 million outstanding loans and leases with annual origination production of approximately 15 million loans / leases. The market is broken into captive lenders (Ford Motor Company, General Motors, Daimler / Chrysler, etc.) and non-captive financiers (J.P. Morgan Chase, AmeriCredit, Bank of America, U.S. Bancorp, etc.).

Both the origination and servicing of these loans and leases provides a compelling opportunity to offer relevant products to these customers. Product offers can include automobile insurance, accidental death coverage, umbrella liability coverage, extended warranty and mechanical breakdown coverage, auto loan refinance, travel clubs, roadside assistance and various affinity programs.