Innovative Aftermarket Systems (IAS), Southwest Reinsure, Inc. (SouthwestRe) and Dealers Assurance Company (DAC) are now iA American Warranty Group (iA American). iA American’s defining purpose is to provide an exceptional client experience to every agent, dealer and administrator partner by leveraging full-service F&I administration and an insurance company rated “A” by A.M. Best, the company said in a recent press release.
“Although many companies have merged over the past few years, only a few have our scale and variety of products and services,” said Kristen Gruber, president of iA American Warranty Group. “With everything under one roof, we have the flexibility and control to offer any solution our clients could possibly need, and the industry experts to bring those solutions to market. Our vertical integration and scale make us a leader in the vehicle protection industry and provide us with an extremely strong platform to deliver a best-in-class client experience.”
iA American also offers clients the services of its own insurance company, DAC. Licensed to write insurance in all 50 states and the District of Columbia, DAC is the financial backstop for most of the warranties iA American offers. Although an integral part of iA American, DAC will continue to operate independently under its own name.
iA American is part of iA Financial Group, one of the largest insurance and wealth management groups in Canada. With assets of C$197.5 billion as of March 2021 and a history dating back to 1892, iA Financial Group is listed on the Toronto Stock Exchange under the ticker symbol IAG.
