TORONTO –

F&I product company Sym-Tech announced a partnership that will add significant insurance services and “financial backing” to the company.

Sym-Tech Dealer Services recently announced that AmTrust Financial Services Inc. — through its subsidiary AMT Warranty — has partnered with Sym-Tech through a minority investment in the company.

“We are very pleased that AMT Warranty chose to partner with Sym-Tech,” said Brad Wells, chief executive officer of Sym-Tech Dealer Services. “AMT Warranty’s automotive expertise as well as their underwriting, OEM, insurance and re-insurance knowledge and experience will allow for an expanded offering of F&I products and services for clients in Canada.”  

Sym-Tech offers a full suite of F&I products, as well as F&I menu and propriety technology, and through the new partnership, Canadian dealers who use their services will be privy to even more options.

AMT Warranty provides F&I products to automobile, RV/trailer, marine and powersports retailers, manufacturers and financial institutions.

Through the new partnership, users will be privy to AMT Warranty’s products and services, as well.

The full suite of solutions includes: 

  • A complete line of F&I products and programs
  • Training and in-dealership development
  • Proprietary F&I technology
  • Expertise in underwriting, actuary, insurance and re-insurance services

“AMT Warranty has experienced tremendous success in the United States and we look forward to extending our success to the Canadian marketplace through a long-term relationship with Sym-Tech,” said Sean Stapleton, president and CEO of AMT Warranty. “Sym-Tech has a solid reputation, one of the best F&I software platforms in the industry, extensive knowledge of the market and significant experience. Importantly, Sym-Tech’s vision, values and strengths are strongly aligned with AmTrust.”