I developed a service to electronically verify insurance in 30 seconds. This has the following benefits for a dealer:
1. Speeds deliveries by 20 minutes. Avoids the pitfalls of accepting and insurance card which might not be valid.
2. Avoids carriers selling the dealer's customers warranty and gap
3. Allows the dealer to deliver cars at any time with no dependency on talking to an agent.
4. Prevents FTC violations which can carry $50K fines per incident.
5. If dealer has or wants imbedded insurance, we can deliver high performing leads in real time with all the customers policy information included.
https://youtu.be/0MMRWhmA9Hs
I have been in the auto industry since 1993. I have fulfilled various roles: Sales, Sales Manager, Finance Manager, Finance Director (15 stores), Trainer, Agent, Software/product developer, B2B sales with an industry leading player in the Fintech space. I have begun the formation of a reseller model. To date, I have a compliance company with 4000 dealers under contract, a startup under contract, and multiple established companies in various stages of conversation. Ultimately, I will be looking to bring on independent contractors for a direct to dealer model.
Thank you,
Marc Romm
Founder
[email protected]