Generali Targets Specialty Insurance Market With New Division
Generali US Branch’s Specialty Insurance Division will offer insurance and obligor services for warranties and service contracts on a global scale in multiple verticals, including automotive F&I.

NEW YORK — Insurance and financial services group Generali US Branch, the U.S. arm of Generali Group, announced the launch of a new Specialty Insurance Division which will focus on providing comprehensive warranty services and solutions.
The new division will provide both insurance and obligor services for warranty programs worldwide. Executives said combining obligor services with the financial backing of Generali Group, which had a total premium income of more than $72 billion in 2018, will allow the new warranty services business to provide dedicated support with sound financial backing to both US and multinational consumer-facing businesses.
“The backing of Generali Group, with more than [$550 billion] in assets, provides an incredibly deep and established platform for our new warranty services and solutions.”
In a release, Jose Luis Menéndez, Generali US Branch's executive vice president and chief insurance officer, said, “Our U.S. Specialty Insurance Division is uniquely positioned to leverage Generali Group’s 200 years of proven service and its vast network of over 400 companies in over 50 countries, to provide specialized offerings both in the U.S. and internationally. The backing of Generali Group, with more than [$550 billion] in assets, provides an incredibly deep and established platform for our new warranty services and solutions.”
Among the division’s promised offerings are insurer-as-obligor programs, administrator obligor programs, direct insurer programs, and dealer obligor programs. Target industries include automotive retail as well as powersports, new homes, and white goods.
“Our warranty services line will also allow us to execute on the larger strategy of promoting B2B2C relationships and provide clients both in the U.S. and abroad with a single-stop solution for both regular and extended warranties,” Menéndez said. “And our warranty services line is only the beginning — we will continue to expand our Specialty Insurance Division, leveraging the depth and breadth of our global organization to provide unique solutions to an evolving insurance and services marketplace.”
Originally posted on F&I and Showroom
More Dealer Ops

Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →
Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
Read More →