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EFG Companies Empowers Administrators, Service Contract Providers, and Product Marketers to Expand Automotive and Powersports Capabilities with Turnkey Products and Administrative Solutions

Business

EFG Companies Empowers Administrators, Service Contract Providers, and Product Marketers to Expand Automotive and Powersports Capabilities with Turnkey Products and Administrative Solutions
Business

Business

EFG Companies Empowers Administrators, Service Contract Providers, and Product Marketers to Expand Automotive and Powersports Capabilities with Turnkey Products and Administrative Solutions

2026-07-09 20:04 Last Updated At:20:30

DALLAS--(BUSINESS WIRE)--Jul 9, 2026--

The EFG Companies announces a new comprehensive product administration platform targeting product providers and administrators seeking to expand their business. EFG Admin Solutions enables rapid product portfolio expansion, with faster time-to-market, expanded product offerings, entry into new markets, and accelerated growth—without increasing operational infrastructure. For more information, visit https://bit.ly/4gnqwBj

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260709499890/en/

EFG Admin Solutions is built for automotive and powersports product providers and administrators ready to grow beyond their current business growth constraints. EFG provides the operational backbone, including white-labeled vehicle service contracts (VSCs) and GAP, claims administration, compliance, and infrastructure, enabling its clients to get to market quickly and stay focused on distribution, relationships, and revenue generation.

“Launching a new product program requires significant investment across state and lender regulatory filings, underwriting, actuarial development, and internal systems development—often costing tens to hundreds of thousands of dollars,” said Jay Hartmann, Chief Operating Officer of EFG Companies. “ EFG Admin Solutions removes that burden, giving clients a ready-to-deploy path to expand their offerings under their brand without the time, cost, or operational complexity.”

Expand Faster—Without Expanding Operations

By leveraging EFG’s established, award-winning end-to-end platform, companies can:

Compliance and Risk—Managed for You

With nearly 50 years of experience in the consumer protection and claims administration industry, EFG is an expert in compliance and risk management issues facing administrators, service contract providers, marketers, and their automotive and powersports dealer clients. The EFG Admin Solutions platform includes complete oversight of complex federal and state regulatory requirements. In addition, EFG handles state filings, licensing, lender approvals, and specific regulatory requirements to reduce exposure and enable confident expansion. As a strategic business partner, EFG empowers its customers to scale faster, compete more effectively, and unlock new revenue streams while minimizing the risk of costly errors and fines.

About EFG Companies

For almost 50 years, EFG Companies has provided consumer protection programs for vehicles and residences across seven market channels. The company’s strategic intent is to build sustainable market differentiation and profitability for its clients and partners, including dealers, lenders, manufacturers, independent marketers, agents, and product administrators. EFG’s award-winning engagement model is built upon the belief that the company serves as an extension of its clients’ management teams, providing ongoing F&I development, training, product development, compliance, and nationally recognized product administration with an ASE-certified claims team. Learn more about EFG at: www.efgcompanies.com

EFG Companies' new comprehensive product administration platform Admin Solutions is built for automotive and powersports product providers and administrators ready to grow beyond their current business growth constraints. EFG provides the operational backbone, including white-labeled vehicle service contracts (VSCs) and GAP, claims administration, compliance, and infrastructure, enabling its clients to get to market quickly and stay focused on distribution, relationships, and revenue generation.

EFG Companies' new comprehensive product administration platform Admin Solutions is built for automotive and powersports product providers and administrators ready to grow beyond their current business growth constraints. EFG provides the operational backbone, including white-labeled vehicle service contracts (VSCs) and GAP, claims administration, compliance, and infrastructure, enabling its clients to get to market quickly and stay focused on distribution, relationships, and revenue generation.

KYIV, Ukraine (AP) — Ukrainian drones on Thursday hit more Russian oil facilities and set two oil tankers ablaze in the Sea of Azov, a day after U.S. President Donald Trump pledged to grant Ukraine a license to manufacture the Patriot air defense systems.

Ukraine's strikes on oil refineries and other infrastructure across Russia has triggered a widespread fuel crisis with gasoline shortages and fuel rationing reported in multiple regions and drivers waiting for hours to fill their tanks.

Early Thursday, a Ukrainian drone strike triggered a fire at an oil depot in the city of Tver in western Russia, according to acting regional Gov. Vitaly Korolyov.

And in the southern Stavropol region, Gov. Vladimir Vladimirov said oil reservoirs has been set ablaze by Ukrainian drones in Vyazniki. He said the authorities ordered the evacuation of residents of several apartment buildings near the facility as the fire expanded.

In the Sea of Azov, Ukrainian drones set two oil tankers ablaze, according to Rostov Gov. Yuri Slusar, who said that one of the ships was still burning and the crews were evacuated. The attack was the latest in a series of strikes on oil tankers in the area in recent days, part of Ukraine efforts to cut fuel supplies to Russia-occupied Crimea.

Russia’s Defense Ministry said that air defenses downed 73 Ukrainian drones from late Wednesday until early Thursday.

Ukraine's Air Force said that Russia fired 94 long-range strike drones and two ballistic missiles at Ukraine last night. While 72 drones were jammed or intercepted, 19 drones and both missiles inflicted damages at 13 locations, it said.

During Wednesday's meeting with Ukraine's President Volodymyr Zelenskyy on the sidelines of the NATO summit in Turkey, Trump said the U.S. will give Ukraine a license to make Patriot air defense systems to counter missile attacks from Russia in their more than four-year war, a huge coup for Kyiv which has long requested the technology.

The tone of their meeting was a markedly different from an earlier, acrimonious encounter at the White House in February 2025 when Trump berated Zelenskyy. On Wednesday, he praised the Ukrainian leader’s willingness to reach a deal to ending the war, saying he has “done an amazing job” and “been very effective.”

People mourn over the coffin of Oleksandra Bardadym, 20, who was killed in Russia's recent missile attack in Kyiv, Ukraine, Wednesday, July 8, 2026. (AP Photo/Oleksandr Khomenko)

People mourn over the coffin of Oleksandra Bardadym, 20, who was killed in Russia's recent missile attack in Kyiv, Ukraine, Wednesday, July 8, 2026. (AP Photo/Oleksandr Khomenko)

Ukraine's President Volodymyr Zelenskyy looks out from his car window as he arrives for the NATO summit in Ankara, Turkey, Tuesday, July 7, 2026. (Metin Aktaş, Pool Photo via AP)

Ukraine's President Volodymyr Zelenskyy looks out from his car window as he arrives for the NATO summit in Ankara, Turkey, Tuesday, July 7, 2026. (Metin Aktaş, Pool Photo via AP)

People look at a burning private enterprise following Russian drone attack in Kyiv, Ukraine, Wednesday, July 8, 2026. (AP Photo/Efrem Lukatsky)

People look at a burning private enterprise following Russian drone attack in Kyiv, Ukraine, Wednesday, July 8, 2026. (AP Photo/Efrem Lukatsky)

U.S. President Donald Trump meets with Ukraine's President Volodymyr Zelenskyy on the sidelines of the NATO summit in Ankara, Turkey, Wednesday, July 8, 2026. (AP Photo/Alex Brandon)

U.S. President Donald Trump meets with Ukraine's President Volodymyr Zelenskyy on the sidelines of the NATO summit in Ankara, Turkey, Wednesday, July 8, 2026. (AP Photo/Alex Brandon)

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