Fortegra announces extension of its partnership with Badcock Home Furniture & more
Partnership expansion attributed to Fortegra’s unique concierge team and excellent financial strength
JACKSONVILLE, Florida, July 01, 2021– (COMMERCIAL THREAD) –The Fortegra Group, LLC (“Fortegra”), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the extension of its partnership with Badcock Home Furniture & more (“Badcock”).
For almost 15 years, Fortegra has offered Badcock clients both credit insurance and furniture service contracts. Replacing the former provider of home appliances and electronics service contracts, Fortegra will now be the exclusive provider of credit insurance and protection plans to the 382 Badcock stores.
âWe have decided to consolidate our product offerings with Fortegra based on their approach to the business and the way in which they value the partnership. this is where the magic happens, âsaid Mitchell Stiles, vice president of retail operations and chief credit officer for Badcock. âWe are in the business of relationships and we want the customer to feel comfortable with their furniture purchases. Fortegra’s Concierge Service team has improved and personalized the complaints process, giving us confidence that our customers are in good hands. “
âRetailing has evolved considerably over the past few years and we are still thinking about how to ensure that service contracts are maintained. So we worked closely with Badcock to reinvent their service contract process. From sales to complaints, we’ve created a multi-channel approach that better meets the needs of consumers, âsaid Holly Bohn, Director of Marketing at 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 excess insurance products and warranty solutions in the United States and around the world. For more than 40 years, Fortegra’s collaborative approach, experienced team and innovative products have fueled constant growth and growing demand from national and international partners. The Company has an AM Best financial strength rating of A- (Excellent). For more information on Fortegra, visit: https://www.fortegra.com/
About WS Badcock Corporation
Founded in 1904, WS Badcock Corporation is one of the largest privately held home furnishings companies in the United States. Headquartered in Mulberry, Florida, its more than 380 company stores and associated dealers employ more than 2,500 people in eight southeastern states. Its Badcock Home Furniture & more branded stores offer a full line of furniture, appliances, bedding, electronics, home office furniture, accessories and seasonal items while providing easy in-house financing. his clients. The company has been named “Retailer of the Year 2018” by the National Home Furnishings Association.