Scottsdale, Arizona – CNA National has been named a top F&I provider for the 16th year in a row in the Dealers’ Choice Awards. For 2020, the company received two first-place Diamond awards—one for “Best Service Contract Provider” and another for “Best Reinsurance Provider.”
Dealers and their personnel across the U.S. have voted the company number one every year since the competition began in 2005. To date, CNAN has received a total of 28 recognitions, making it the most-awarded F&I company by far. This is the fourth time it has received two first-place accolades and the 12th time it has won dual awards since 2009.
“This is a true honor,” said Joe Becker, president and CEO of CNA National. “The consistency of being recognized as a top provider for 16 years in a row speaks volumes about the confidence dealers have in our products and services. We are especially pleased to recapture the position of best Reinsurance Provider. Both awards are a testament to our staff’s commitment to excellence.”
“We thank our loyal dealers and their employees who have voted for us year after year,” said Jeff Weston, CNA National chief revenue officer. “Our mission is to deliver premium products and services that can increase both revenue and customer satisfaction. Being named a number-one provider yet again shows us that we are doing things right.”
CNAN provides vehicle service contracts, limited warranties, tire-and-wheel protection, guaranteed asset protection (GAP) waivers and other products through franchised auto dealerships across the U.S. With more than four million contracts in force and having exceeded payment of $4 billion for claims across all product lines, the company has earned its reputation as a first-class F&I provider.
The Award Process
This is the 16th year Auto Dealer Today has held the Dealers’ Choice Awards, which recognize the most highly regarded vendors, suppliers and finance companies in the retail automotive industry, as voted by dealers and dealership personnel. The complete list of winners and feature article will be published in a future issue of Auto Dealer Today magazine.
About CNA National Warranty Corporation
Founded in 1982 and headquartered in Scottsdale, Arizona, CNA National is recognized as a leader in the vehicle service contract industry. The company offers a choice of reinsurance structures (both controlled foreign corporation and non-controlled foreign corporation) as well as GAP coverage and tire-and-wheel protection. CNAN has been named a “Best Provider” in Auto Dealer Today’s Dealers’ Choice Awards for 16 consecutive years (2005-2010, 2012-2020 for service contracts and 2011-2013, 2017 and 2020 for reinsurance). In addition, CNAN was the first and one of only two service contract companies recognized for “Highest Overall Dealer Satisfaction” by J.D. Power and Associates.* CNAN’s service contract program has had the exclusive endorsement of the American International Automobile Dealers Association since 1995. It is a wholly owned subsidiary of CNA, one of the nation’s oldest and largest insurers with over $55 billion in assets.
*J.D. Power and Associates 2003 Dealer Service Contract Satisfaction StudySM based on 5,053 dealer evaluations, www.jdpower.com
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