Generali Targets Specialty Insurance Market With New Division
Generali US Branch’s Specialty Insurance Division will offer insurance and obligor services for warranties and service contracts on a global scale in multiple verticals, including automotive F&I.
NEW YORK — Insurance and financial services group Generali US Branch, the U.S. arm of Generali Group, announced the launch of a new Specialty Insurance Division which will focus on providing comprehensive warranty services and solutions.
The new division will provide both insurance and obligor services for warranty programs worldwide. Executives said combining obligor services with the financial backing of Generali Group, which had a total premium income of more than $72 billion in 2018, will allow the new warranty services business to provide dedicated support with sound financial backing to both US and multinational consumer-facing businesses.
“The backing of Generali Group, with more than [$550 billion] in assets, provides an incredibly deep and established platform for our new warranty services and solutions.”
In a release, Jose Luis Menéndez, Generali US Branch's executive vice president and chief insurance officer, said, “Our U.S. Specialty Insurance Division is uniquely positioned to leverage Generali Group’s 200 years of proven service and its vast network of over 400 companies in over 50 countries, to provide specialized offerings both in the U.S. and internationally. The backing of Generali Group, with more than [$550 billion] in assets, provides an incredibly deep and established platform for our new warranty services and solutions.”
Among the division’s promised offerings are insurer-as-obligor programs, administrator obligor programs, direct insurer programs, and dealer obligor programs. Target industries include automotive retail as well as powersports, new homes, and white goods.
“Our warranty services line will also allow us to execute on the larger strategy of promoting B2B2C relationships and provide clients both in the U.S. and abroad with a single-stop solution for both regular and extended warranties,” Menéndez said. “And our warranty services line is only the beginning — we will continue to expand our Specialty Insurance Division, leveraging the depth and breadth of our global organization to provide unique solutions to an evolving insurance and services marketplace.”
More F&I
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →
The Psychology Behind Menus That Increase Add-On Sales
There is a science to crafting a menu that gives customers confidence in the choices presented, and moving the process outside the F&I office can further boost results.
Read More →
Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →