Loyalist to Underwrite Global Warranty Corp. Business

The Loyalist Insurance Company has been selected to underwrite the business of Global Warranty Corporation of London, Ontario. Global Warranty issues extended warranty contracts on new and used automobiles, sold through a network of over 3,500 active automobile dealers in Canada.

"The Global Warranty business fits our strategy of developing niche insurance lines to build Loyalist's underwriting margins," says Bill Grant, president of The Loyalist Insurance Company, Ontario. "We are pleased to provide Global Warranty with innovative underwriting supported by Loyalist's strength and stability."

"Our business has been growing dramatically over the past few years. In order to facilitate further growth, we selected Loyalist because of their size and their ability to tailor an insurance program to our specific needs," says Roy Neufert, Global Warranty's president and founder.