CANTON, Mass. — LoJack Corp. has entered into sales and promotional agreement with Innovative Aftermarket Systems (IAS). The F&I product provider will now rep LoJack’s vehicle recovery systems through its network of general agents.
With the deal, Innovative Aftermarket Systems joins a growing list of top-tier, third-Party F&I program providers now working with LoJack.
“Today, dealer demand for more profitable, value-added, back-end products is increasing,” said Randy L. Ortiz, LoJack CEO and president. “With that in mind, we are very excited to work with IAS to extend our reach into even more dealerships.”
IAS general agents will now market LoJack’s stolen vehicle recovery and early warning systems, as well as a variety of the company’s warranty offerings. In addition, IAS agents will offer two of their own IAS reinsured products in conjunction with a LoJack System. LoJack will provide training for IAS general agents and their agency representatives on the various LoJack offerings and potential dealership presentations.
“We believe that working with a trusted brand such as LoJack is a win-win for everyone,” said Bob Corbin, IAS CEO and president. “Our agent base, LoJack and dealers can sell proven products that help increase profitability. And even more important, more consumers have the opportunity to protect their vehicles — and their pocketbooks — from vehicle theft.”