NEWSROOM

Explore our latest press announcements and updates! 

National Lenders General Agency Expands Its Suite of Tech-Driven Solutions With Insurance Tracking

National Lenders General Agency LLC continues to add innovative tech solutions for auto dealers and lenders. National Lenders has taken steps to become a leading provider of cloud-based insurance tracking software. Clients now have a cost-effective, automated solution to the labor-intensive task of tracking, verifying, and communicating with customers on new and existing loans.

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National Lenders Expands Support of NIADA

“National Lenders General Agency LLC, serving the BHPH, LHPH, and POS auto industry, announced today that National Lenders Offices – Texas they joined several independent auto dealer associations in Texas, Georgia, the Carolinas, Indiana, and the local chapter of TIADA in Houston, their home office location. The state memberships will improve National Lenders’ presence and brand awareness in key markets by supporting the state associations’ robust professional networks.

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National Lenders Launches CPI Insurance Program with Transparent Pricing Model

Ken Terkel, President, and Eric Hurst, Executive Vice President and Chief Operating Officer at National Lenders General Agency, LLC, proudly announce, effective immediately, the launch of a CPI insurance (Contractual Protection Insurance) program at the industry-leading rate of 8% ceding fee plus state insurance premium tax in licensed states. The price point will undoubtedly impact the reinsurance and profit-sharing marketplace. Competitors currently offer CPI ceding fees between 12-20%.

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National Lenders Key Appointments

Ken Terkel, President, and Eric Hurst, Executive Vice President and Chief Operating Officer at National Lenders General Agency, LLC proudly announce the expansion of their sales and marketing teams with the addition of three new sales Regional Vice Presidents and a Director of Marketing. David Forrer will be leading business development initiatives in the southwest, Stephen Burgess in the Atlantic region, and Josh Gaylor in the midwest. Krisahn Williams leads National Lenders’ marketing efforts.

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National Lenders General Agency Partners With NIADA

National Lenders General Agency, LLC, specializing in reinsurance products for independent auto dealers and lenders in the Buy Here-Pay Here, Lease Here-Pay Here and point of sale markets, has been selected by the National Independent Automobile Dealers Association as its newest Gold-level National Corporate Partner.

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National Lenders Launch

Sam Mahrouq, Chairman of the Board of the MEI Group, is pleased to announce the launch of Empire Indemnity Insurance Company RRG, Inc. and National Lenders General Agency, LLC, specializing in reinsurance products for all auto dealerships and lenders in the BHPH, LHPH, and Point of Sale markets. National Lenders will be the exclusive Managing General Agency (MGA) for Empire Indemnity.

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