FOR IMMEDIATE RELEASE
Irving, Texas, April 27, 2016 – American Recovery Association (ARA), the world’s largest association of recovery and remarketing professionals, is excited to announce that ARA members who participate in the exclusive ARA insurance program have an average loss ratio 20% below the industry average. This program-wide loss ratio allows a dividend back on insurance premiums for all program participants.
The exclusive ARA insurance program, partnered with Harding Brooks Insurance, is the only program in the industry where program participants can receive a dividend back on their premiums based on group performance. This is the second year in the program’s existence that ARA participants have come out above the industry standard and show no sign of slowing down.
“Harding Brooks Insurance has always had a wonderful relationship with ARA due to their compliant and well-educated membership,” said Mike Peplinski, account executive at Harding Brooks Insurance. “We know that when we are working with an ARA member, we are dealing with some of the best in the industry.”
ARA members have a plethora of benefits at their fingertips to help them maintain compliance. One of those benefits is the Continuing Education Webinar Series, ongoing monthly webinars that tackle different industry-relevant subjects ranging from new laws being enforced to up-and-coming software on the market. Webinars are free to all ARA members and offer printed certificates for each webinar completion. In addition to the Continuing Education Webinar Series, ARA members have access to is the ARA Compliance Program.
“ARA is the largest association of certified, trained and compliant recovery and remarketing professionals,” said Jerry Wilson, President of ARA. “The low loss ratio from our insurance program proves that our member benefits are helping our members be the best in the industry.”
For more information about ARA, its partnerships, and its member benefits, please visit repo.org.
About American Recovery Association, Inc.
American Recovery Association (ARA) is the world’s largest association of recovery and remarketing professionals. ARA members specialize in locating and repossessing collateral on behalf of lending institutions including banks, savings institutions, finance companies, credit unions, rental/leasing companies, and auto, truck and equipment dealers. ARA is a nonprofit association whose members serve 27,000 national and international cities. All members are certified independent business operators. For more information, call 972.755.4755 or visit the website at www.repo.org.
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Exclusive American Recovery Association Insurance Program Participants Operate Above the Industry Standard – Repossess – Repossession – Repossession Agency – Repossessor –
– American Recovery Association – ARA
It is really amazing how many benefits the ARA now has for their members and now this insurance program. This is one of the hardest working and experienced boards of directors I’ve seen in any association. My hats off to the ARA for what they have done for their members and the industry.