Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
CU provider IWS sells assets to Kingsway
BOCA RATON, Fla. (11/20/12)--Intercontinental Warranty Services Inc. (IWS), a provider of after-market vehicle protection services to credit unions nationwide, will sell certain assets to a Kingsway Financial Services Inc. affiliate.

Current management, led by James H. Hawk, IWS president/CEO, will remain in place.

IWS provides vehicle service agreements, mechanical breakdown insurance, and guaranteed asset protection to credit unions' members in conjunction with their auto loans.

Kingsway owns several companies connected with the insurance industry and specializes in helping them build value. It will rely on the IWS management team to ensure continuity and maintain its relationships with existing credit union clients while continuing to grow its business, said Larry G. Swets Jr., Kingsway CEO.

The change of ownership will be essentially transparent to client credit unions, but enhancements will include a broader product line, greater staff resources, and improved technology, Hawk said.


RSS





print
News Now LiveWire
.@TheNCUA closes N.Dade Community Development FCU,Miami Gardens, Fla. determining CU violated some charter provisions,bylaws & fed. rules.
53 minutes ago
Why a #creditunion can be a good fit for #smallbiz http://t.co/l7Df9b8vQZ @fundbox
3 hours ago
Who's most adept at saving these days? The middle class, says @Bankrate http://t.co/zVi7typdVU
3 hours ago
.@OregonCCU donates $20K in Sprint program monies to @CMNHospitals @CU4Kids via @NWCUA http://t.co/0wTAH5NTNI
4 hours ago
.@TheNCUA posts latest economic update videol discusses 2015 outlook and "looming risk." https://t.co/hMYTAuvzMz
4 hours ago