January 27, 2010

Virginia Surety Strikes Agreement With Express Systems

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CHICAGO — Virginia Surety Company Inc. (VSC), a subsidiary of The Warranty Group Inc., announced an agreement with Express Systems Inc. to provide underwriting and actuarial services for their reinsured product offerings.

“We are excited to announce the expansion of a nearly 20-year relationship with Express and its associated companies,” said Mike Frosch, senior vice president of VSC. “This new endeavor includes guaranteed asset protection as well as other related finance and insurance product offerings. Our goal is to help Express continue to grow its business by providing world class underwriting and actuarial services that compliment their value proposition.”

“Our partnership with VSC is another significant step in the growth of Express Systems,” said Dan Haugen, general manager of Express Systems. “We will be bringing more product and service value to the dealer reinsured industry through leveraging VSC’s underwriting and marketing strength.”

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