JACKSONVILLE, FL — (Marketwire) — 12/31/12 — Fortegra Financial Corporation (NYSE: FRF) today announced effective December 31, 2012, the Company closed on the acquisition of 4Warranty Corporation. 4Warranty is a leading warranty and extended service contract administrator with extensive expertise in furniture, electronics, appliance, lawn and garden, and fitness equipment. 4Warranty complements the company-s rapidly expanding warranty business within its Payment Protection segment.
“We are pleased with the progress we have made developing our warranty and service contract business and it continues to be a growth focus for the Company,” said Richard Kahlbaugh, Chief Executive Officer of Fortegra. “The acquisition of a quality administration company provides us with a vertically integrated solution, expanding our risk management and service capabilities to our clients.”
Fortegra Financial Corporation is an insurance services company that provides distribution and administration services and insurance-related products to insurance companies, insurance brokers and agents and other financial services companies in the United States. Fortegra-s brands include: Life of the South, Consecta, Bliss & Glennon (B&G), eReinsure (eRe), Motor Clubs, Pacific Benefits Group (PBG), Universal Equipment Recovery Group (UERG), and South Bay Acceptance Corporation (SBAC).
Stephanie Gannon
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