Fortegra Announces Expansion of Partnership with Badcock Home Furnishings & More - Named Exclusive Provider of Service Contra...
July 01 2021 - 8:10AM
Business Wire
Expansion of Partnership Attributed to
Fortegra’s one-of-a-kind Concierge Team and excellent Financial
Strength
The Fortegra Group, LLC (“Fortegra”), a global specialty insurer
and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the
expansion of their partnership with Badcock Home Furniture
&more (“Badcock”).
For almost 15 years, Fortegra has been providing Badcock
customers with both credit insurance and furniture service
contracts. By replacing the previous provider of service contracts
on appliances & electronics, Fortegra will now be the exclusive
credit insurance and protection plan provider across all 382
Badcock stores.
“We decided to consolidate our product offerings with Fortegra
based on their approach to the business and the way in which they
value the partnership. They not only listen to our business needs,
but more importantly, are very intuitive to our customers’ needs,
and that is where the magic happens,” said Badcock’s Vice President
of Retail Operations and Chief Credit Officer Mitchell Stiles. “We
are in the relationship business, and we want the customer to feel
comfortable with their home furnishing purchases. Fortegra’s
Concierge service team enhanced and personalized the claim process,
which gives us the confidence that our customers are in good
hands.”
“Over the last few years, retail has evolved dramatically, and
we are always thinking about how to make sure service contracts
keep up. So we worked closely with Badcock to reimagine their
service contract process. From sales to claims, we created a
simplified, multi-channel approach that better meets consumer
needs,” said Holly Bohn, Chief Marketing Officer at Fortegra.
About Fortegra
The Fortegra Group, LLC is a global specialty insurer. Fortegra
and its subsidiaries underwrite and administer a comprehensive and
diverse set of admitted and surplus insurance products and warranty
solutions across the United States and around the world. For over
40 years, Fortegra’s collaborative approach, experienced team, and
innovative products have fueled consistent growth and increasing
demand from both domestic and international partners. The Company
holds an A.M. Best Financial Strength Rating of A- (Excellent). For
more information on Fortegra, visit: https://www.fortegra.com/
About W.S. Badcock Corporation
Founded in 1904, W.S. Badcock Corporation is one of the largest
privately-held home furnishings companies in the United States.
Headquartered in Mulberry, Florida, its more than 380 corporate and
associate dealer stores employ more than 2,500 employees in eight
southeastern states. Its branded Badcock Home Furniture &more
stores carry a complete line of furniture, appliances, bedding,
electronics, home office furnishings, accessories, and seasonal
items while offering easy in-house financing for its customers. The
Company was named “2018 Retailer of the Year” by the National Home
Furnishings Association.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210701005171/en/
For Fortegra: Holly Bohn Pittman 904.357.2122
press@fortegra.com For Badcock Corporation: Jennifer Grecsek
863-425-7545 Jennifer.grecsek@badcock.com
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