Leading F&I provider earns diamond, platinum and gold
Scottsdale, Ariz. September 16, 2021 – CNA National has been named a top F&I provider for 17 consecutive years in the Dealers’ Choice Awards. For 2021, the company received a first-place Diamond award for “Vehicle Service Contracts,” a second-place Platinum award for “Reinsurance,” and a third-place Gold award for “F&I Products.”
Dealers nationwide and their personnel have voted the company number one every year since the competition began in 2005. To date, CNAN has received a total of 31 recognitions, making it the most-awarded F&I company by far. This is the first year CNAN has earned an award in the F&I Products category, due in large part to the release of its ancillary suite only two years ago.
“We are honored to once again be named the number-one VSC provider by dealerships,” said Joe Becker, president and CEO of CNA National. “Adding a win in F&I Products to our list of accolades is a real victory, in addition to our 13 reinsurance and 17 VSC awards. All of this together goes a long way to demonstrate that dealers trust this company to deliver value and consistency for their customers.”
“We are very appreciative of our loyal dealers and their employees who have voted for us year after year,” said Jeff Weston, CNA National chief revenue officer. “We are dedicated to delivering value to our clients through premium products and services that can increase both revenue and customer satisfaction. Being named a number-one provider for the 17th year, along with the entry into the F&I Products group, shows us that we are doing right for our dealers.”
CNAN provides vehicle service contracts, limited warranties, tire-and-wheel protection, guaranteed asset protection (GAP) waivers and other products through franchised auto dealerships across the U.S. With more than four million contracts in force and having exceeded payment of $4 billion for claims across all product lines, the company has earned its reputation as a first-class F&I provider.
The Award Process
This is the 17th year Auto Dealer Today has held the Dealers’ Choice Awards, which recognize the most highly regarded vendors, suppliers and finance companies in the retail automotive industry, as voted by dealers and dealership personnel. The complete list of winners and feature article will be published in a future issue of Auto Dealer Today magazine.
About CNA National Warranty Corporation
Founded in 1982 and headquartered in Scottsdale, Arizona, CNA National is recognized as a leader in the vehicle service contract industry. The company offers a choice of reinsurance structures (both controlled foreign corporation and non-controlled foreign corporation) as well as GAP coverage, tire-and-wheel protection and ancillary products. CNAN has been named a “Best Provider” in Auto Dealer Today’s Dealers’ Choice Awards for 17 consecutive years (2005-2010, 2012-2021 for service contracts and 2011-2013, 2017 and 2020 for reinsurance). In addition, CNAN was the first and one of only two service contract companies recognized for “Highest Overall Dealer Satisfaction” by J.D. Power and Associates.* CNAN’s service contract program has had the exclusive endorsement of the American International Automobile Dealers Association since 1995. It is a wholly owned subsidiary of CNA, one of the nation’s oldest and largest insurers with over $55 billion in assets. Learn more at CNANational.com.
*J.D. Power and Associates 2003 Dealer Service Contract Satisfaction StudySM based on 5,053 dealer evaluations, www.jdpower.com