NEED TO FILE A CLAIM? CLICK HERE Partner Solutions About News Careers Contact Claims & Support FORTEGRA EUROPE ESTABLISHES CZECH BRANCH Oct 1, 2021 9:56:20 AM JACKSONVILLE, Fla.--(BUSINESS WIRE)--Fortegra Europe Insurance Company (“Fortegra” or “Company”), a leading international specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”), today announced the registration of a branch office in Prague, Czech Republic. The establishment of which will further strengthen Fortegra’s European presence. The Czech branch has all the regulatory approvals in place and is ready to write business in the Czech Republic, effective immediately. Fortegra chose Prague for its strategic location within the heart of Europe and its proximity to Fortegra’s Central and Eastern European administrator, DEFEND INSURANCE GROUP (“DEFEND”), headquartered in Prague. The branch will be led by Andrew Quirke, whose experience in the automotive insurance industry spans 25 years and five countries. Quirke co-founded DEFEND, which was acquired in 2019 by Fortegra. Apart from his industry expertise, he has extensive knowledge of the local market, which will help the Company further expand its footprint in the region. “I’m delighted by the many opportunities the Prague branch brings for the Czech insurance market. Brokers and agents will now have a direct relationship with an insurer that has a local presence in the country,” said Andrew Quirke, the branch’s General Representative. Sanjay Vara, Executive Vice President and Chief Underwriter, commented, “This branch opening is another step forward for our European growth strategy. By providing Central and Eastern European partners with direct access to an A- rated insurer, we hope to inspire trust and confidence.” The branch establishment underlines the Company’s continued confidence in the long-term growth potential of Central and Eastern Europe. The Czech branch will create new avenues for growth by offering the same innovative, flexible, and customer-responsive programs that have been the hallmark of DEFEND’s success. About Fortegra Fortegra Europe Insurance Company is a subsidiary of The Fortegra Group, LLC, a global specialty insurer. Fortegra and its subsidiaries underwrite and administer a comprehensive and diverse set of admitted and surplus insurance products and warranty solutions across the United States and around the world. For over 40 years, Fortegra’s collaborative approach, experienced team, and innovative products have fueled consistent growth and increasing demand from both domestic and international partners. The Company holds an A.M. Best Financial Strength Rating of A- (Excellent). For more information on Fortegra, visit: https://www.fortegra.com/. Fortegra Europe Insurance Company Ltd (Malta Company Registration Number C 84703) has its registered head office at Office 13, SOHO Office The Strand, Fawwara Building, Triq I-Imsida, Gzira, GZR 1401, Malta. It is authorized under the Insurance Business Act 1998 of the laws of Malta to carry out general business and is regulated by the Malta Financial Services Authority, Triq l-Imdina, Zone 1, Central Business District, Birkirkara, CBD 1010, Malta. The insurer was entered on March 24, 2021 into the registry managed and maintained by Czech National Bank as a branch of a foreign insurance company offering insurance services in the Czech Republic. The Czech branch address is Roztylská 1860/1, 148 00 Prague, identification number 11737379. CONTACTS For Fortegra: Holly Bohn Pittman 904.357.2122 press@fortegra.com Categories: Warranty Solutions, News Read More FORTEGRA EXPANDS ALTERNATIVE RISK TEAM Sep 17, 2021 8:45:23 AM JACKSONVILLE, Fla. & LONDON--(BUSINESS WIRE)--The Fortegra Group, LLC ("Fortegra" or the “Company”), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the promotion of Mark Davies to Senior Vice President of Fortegra's Alternative Risk Team. In his expanded role, Davies will support programs with bespoke needs and demands. Davies has been with Fortegra since 2017, most recently serving as Vice President of Specialty Product Underwriting. He has been instrumental in growing the Company’s specialty book of business while maintaining Fortegra's high standards of risk selection and analysis. Davies will continue to operate from Fortegra's London office. Mark Rattner, Executive Vice President and Chief Underwriter, commented, "Mark brings an innovative mindset and underwriting expertise that will help us meet our goal of becoming the go-to-market solution for new, emerging, and unusual risks. With Mark's help, our Specialty and Alternative Risk Teams will continue to meet Fortegra's expansion goals by capitalizing on the market's rising demand for tailored insurance solutions." Prior to joining Fortegra as Vice President of Specialty Underwriting, Mark Davies held senior management roles at Barents Re and Novae plc. He brings over 25 years of underwriting and reinsurance experience to Fortegra's growing specialty team. About Fortegra The Fortegra Group, LLC is a global specialty insurer. Fortegra and its subsidiaries underwrite and administer a comprehensive and diverse set of admitted and surplus insurance products and warranty solutions across the United States and around the world. For over 40 years, Fortegra's collaborative approach, experienced team, and innovative products have fueled consistent growth and increasing demand from both domestic and international partners. The Company holds an A.M. Best Financial Strength Rating of A- (Excellent). For more information on Fortegra, visit: https://www.fortegra.com/ CONTACTS For Fortegra: Holly Bohn Pittman 904.357.2122 press@fortegra.com Categories: Specialty, News Read More FORTEGRA EUROPE SELECTED AS EXCLUSIVE EXTENDED WARRANTY AND ADD-ON INSURANCE PRODUCT PROVIDER FOR MOTORPOINT Jul 14, 2021 9:44:39 AM JACKSONVILLE, Fla.--(BUSINESS WIRE)--Fortegra Financial Corporation (“Fortegra”), a leading specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), announced today that it is now the exclusive vehicle service contract provider for Motorpoint, UK’s largest independent car retailer. “We selected Fortegra Europe because of Fortegra’s overall financial strength and stability,” said Jon Baird, Chief Commercial Officer at Motorpoint. “After several years with our previous provider, we were ready for a change. We wanted an insurer we could deal with directly and who could provide more innovative products and services to match our ambitions; Fortegra could deliver on both of those requirements.” Fortegra’s insurance add-on products include vehicle warranties and ancillary products such as GAP Insurance, Key Protection, Paint Protection, and Asset Protection. “We are excited to be working with Motorpoint and look forward to building a long-term relationship providing best-in-class warranty and ancillary insurance products to Motorpoint’s customers,” said Sanjay Vara, Fortegra Europe’s Chief Underwriting Officer. “Fortegra is dedicated to delivering insurance products that offer tangible benefits and real peace of mind by protecting consumers financially.” Motorpoint began writing business with Fortegra on May 1, 2021, and despite COVID, both have seen robust results. About Fortegra The Fortegra Group, LLC is a global specialty insurer. Fortegra and its subsidiaries underwrite and administer a comprehensive and diverse set of admitted and surplus insurance products and warranty solutions across the United States and around the world. For over 40 years, Fortegra’s collaborative approach, experienced team, and innovative products have fueled consistent growth and increasing demand from both domestic and international partners. The Company holds an A.M. Best Financial Strength Rating of A- (Excellent). For more information on Fortegra, visit: https://www.fortegra.com/. About Motorpoint Motorpoint, established in 1998, is the UK’s largest independent car retailer selling nearly new cars up to four years old and with less than 30,000 miles. Motorpoint is committed to making car buying easy. Every vehicle comes with a warranty, is available to drive away the same day, and is backed by the Motorpoint Price Promise. Motorpoint employs over 800 people nationwide and operates from locations in Birmingham, Birtley, Burnley, Castleford, Chingford, Derby, Glasgow, Newport, Oldbury, Peterborough, Sheffield, Stockton-on-Tees, Swansea, and Widnes. Motorpoint has been named a Feefo Platinum Service Award winner for 2020 and has also been named one of the Sunday Times Top 100 Mid-Sized Companies to Work for seven years consecutively. For more information on Motorpoint, visit www.motorpoint.co.uk. CONTACTS For Fortegra: Holly Bohn Pittman 904.357.2122 press@fortegra.com For Motorpoint: Hayden Vokes Marketing Director 01332 647 480 customercare@motorpoint.co.uk Categories: Warranty Solutions, News Read More FORTEGRA ANNOUNCES EXPANSION OF PARTNERSHIP WITH BADCOCK HOME FURNITURE &MORE - NAMED EXCLUSIVE PROVIDER OF SERVICE CONTRACTS AND CREDIT INSURANCE PRODUCTS Jul 1, 2021 11:48:03 AM JACKSONVILLE, Fla.--(BUSINESS WIRE)--The Fortegra Group, LLC (“Fortegra”), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the expansion of their partnership with Badcock Home Furniture &more (“Badcock”). For almost 15 years, Fortegra has been providing Badcock customers with both credit insurance and furniture service contracts. By replacing the previous provider of service contracts on appliances & electronics, Fortegra will now be the exclusive credit insurance and protection plan provider across all 382 Badcock stores. “We decided to consolidate our product offerings with Fortegra based on their approach to the business and the way in which they value the partnership. They not only listen to our business needs, but more importantly, are very intuitive to our customers’ needs, and that is where the magic happens,” said Badcock’s Vice President of Retail Operations and Chief Credit Officer Mitchell Stiles. “We are in the relationship business, and we want the customer to feel comfortable with their home furnishing purchases. Fortegra’s Concierge service team enhanced and personalized the claim process, which gives us the confidence that our customers are in good hands.” “Over the last few years, retail has evolved dramatically, and we are always thinking about how to make sure service contracts keep up. So we worked closely with Badcock to reimagine their service contract process. From sales to claims, we created a simplified, multi-channel approach that better meets consumer needs,” said Holly Bohn, Chief Marketing Officer at Fortegra. About Fortegra The Fortegra Group, LLC is a global specialty insurer. Fortegra and its subsidiaries underwrite and administer a comprehensive and diverse set of admitted and surplus insurance products and warranty solutions across the United States and around the world. For over 40 years, Fortegra’s collaborative approach, experienced team, and innovative products have fueled consistent growth and increasing demand from both domestic and international partners. The Company holds an A.M. Best Financial Strength Rating of A- (Excellent). For more information on Fortegra, visit: https://www.fortegra.com/ About W.S. Badcock Corporation Founded in 1904, W.S. Badcock Corporation is one of the largest privately-held home furnishings companies in the United States. Headquartered in Mulberry, Florida, its more than 380 corporate and associate dealer stores employ more than 2,500 employees in eight southeastern states. Its branded Badcock Home Furniture &more stores carry a complete line of furniture, appliances, bedding, electronics, home office furnishings, accessories, and seasonal items while offering easy in-house financing for its customers. The Company was named “2018 Retailer of the Year” by the National Home Furnishings Association. CONTACTS For Fortegra: Holly Bohn Pittman 904.357.2122 press@fortegra.com For Badcock Corporation: Jennifer Grecsek 863-425-7545 Jennifer.grecsek@badcock.com Categories: Credit Protection, Warranty Solutions, News Read More FORTEGRA CONFIRMS AM BEST ASSIGNS CREDIT RATING TO FORTEGRA SPECIALTY INSURANCE Nov 11, 2020 10:30:12 AM Fortegra’s Excess and Surplus Subsidiary assigned the Financial Strength Rating of A- JACKSONVILLE, Fla.-- Fortegra Financial Corporation (“Fortegra”), a leading specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”), announced today AM Best assigned the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” to Fortegra Specialty Insurance Company (FSIC) (Arizona), the newly established excess and surplus lines (E&S) subsidiary of Fortegra. The outlook assigned to these Credit Ratings (ratings) is stable. The company will begin underwriting excess and surplus lines programs concurrent with this announcement. “We are committed to the agent distribution model and accelerating our ability to respond to opportunities presented to us by our agents. Adding an E&S company to our portfolio furthers that goal,” said Richard Kahlbaugh, Fortegra’s Chief Executive Officer. “Through FSIC, Fortegra will continue to marry speed to market, thorough underwriting and a strong balance sheet to deliver new and innovative insurance programs through an agent-focused distribution model.” AM Best Assigns Credit Ratings to Fortegra Specialty Insurance Company OLDWICK, N.J.—November 5, 2020-- AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Fortegra Specialty Insurance Company (Fortegra Specialty) (Scottsdale, Arizona). Fortegra Specialty is ultimately owned by Tiptree Inc. [(NASDAQ: TIPT], the parent company of Fortegra Financial Corporation. The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Fortegra Specialty’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile, and appropriate enterprise risk management. Fortegra Specialty is being added as a member of the Fortegra P&C Group due to its strategic role in the consolidated organization, shared operations and management, and a pooling agreement with its affiliated companies. Fortegra Specialty is a newly established, Arizona-domiciled insurance company that will offer surplus lines products not offered through its affiliated companies. The company was capitalized initially with a $55 million contribution from the parent company. AM Best notes that initial projections forecast high growth trends in the early years, benefiting from existing managing general agency relations with its affiliated companies. AM Best will continue to monitor the ability of the company to execute on its business strategy and maintain appropriate levels of capitalization. This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. About Fortegra Financial Corporation Fortegra Financial Corporation (a Tiptree Inc. company (NASDAQ: TIPT), is a leading provider of specialty insurance and warranty solutions, and is the second-largest credit insurer in the United States. Fortegra and its subsidiaries provide a comprehensive and diverse set of best-in-class insurance products and warranty solutions available across the United States and around the world. Fortegra leverages a team of experienced underwriters and proprietary artificial intelligence technology to enhance the underwriting process to deliver a broad array of solutions that provide superior coverage and value to its customers. Since 1978, the Company’s collaborative approach and innovative products have fueled rapid growth and increasing demand from both domestic and international partners. Fortegra holds AM Best Financial Strength Rating of A- (Excellent) Financial Category VIII. For more information on Fortegra visit: https://www.fortegra.com/ Media Contact Meredith Zaritheny, Prosek Partners mzaritheny@prosek.com O: 646.818.9251 Categories: News Read More All posts Next SUBSCRIBE TODAY Automotive Credit Protection Warranty Solutions Specialty News CATEGORIES Automotive (50) Credit Protection (11) News (46) Specialty (16) Warranty Solutions (223) RECENT POSTS Fortegra Europe Establishes Czech Branch Fortegra Expands Alternative Risk Team Fortegra Europe Selected as Exclusive Extended Warranty and Add-On Insurance Product Provider for Motorpoint Fortegra Announces Expansion of Partnership with Badcock Home Furniture &more - Named Exclusive Provider of Service Contracts and Credit Insurance Products Fortegra Confirms AM Best Assigns Credit Rating to Fortegra Specialty Insurance OUR TEAM IS HERE TO HELP In order to better assist you, please choose from one of the following: BUSINESS INQUIRIES Specialty Insurance • Service Contracts • Credit Insurance • Premium Finance Business Inquiries CUSTOMER SUPPORT File a Claim • Download Documents • Check Status of Claim • Contact Us Customer Support A Tiptree Company (NASDAQ: TIPT) Connect with Fortegra QUICK LINKS File a Claim Customer Support Business Inquiries Contact ABOUT US Our Company Careers Locations ©2021 Fortegra Financial. 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