The Plateau Group, Inc.

The Plateau Group and Scag Power Equipment Unveil Scag Extended Warranty Program Tennessee, March 25, 2024 – The Plateau Group, a forty-year insurance solutions provider, and Scag Power Equipment, a leading manufacturer of commercial and residential lawn mowers and turf management equipment, proudly announces a strategic collaboration to introduce the brand-new Scag Extended Warranty Program. This joint initiative aims to elevate Scag's industry-leading reputation for quality and performance, offering distinctive advantages to both buyers and dealerships. Program Highlights: The Scag Extended Warranty program, now available in the market, empowers buyers to extend warranty coverage on their new Scag mower purchases. With the flexibility to add warranty coverage up to 30 days after the initial purchase, dealerships can leverage this opportunity to enhance customer peace-of-mind, leading to increased sales and service volume—a testament to Scag's commitment to delivering value to its partners. These extended warranty policies seamlessly align with Scag's standard manufacturer coverage, providing a consistent and reliable experience for dealers and buyers. The program extends both commercial and non-commercial warranties for an impressive 5 years from the purchase date, with no hour limitation. * "We are thrilled to launch this program ahead of the busy selling season," says Scott Schaefer, CFO of Scag Power Equipment. " We tried a similar program in the past, but based on feedback from our dealers and distributors, we needed to do better.  And with The Plateau Group, we were able to do that - simplifying the process, improving the coverage, and reducing costs in the process.” Joe Melendez, CEO of The Plateau Group, adds, "We seek opportunities to collaborate with companies like Scag. Our expertise lies in providing warranty and related protection products that seamlessly integrate into existing processes, expanding our partners’ brands without overshadowing them. We're here to make it work behind the scenes." The Scag Extended Warranty program is now available at over 1,300 Scag dealers nationwide and reflects Scag's dedication to providing top-tier products and services in the lawn care industry. Learn more: https://lnkd.in/g6GREMkk

Tennessee, March 4, 2024 — The Plateau Group, Inc., an enduring force in the insurance industry for over four decades, announces unprecedented growth in its Credit Insurance business amid the backdrop of ongoing industry consolidations. In the dynamic landscape of 2023, Plateau not only added over 500 new accounts but also welcomed 50 new marketing representatives, achieving a significant milestone in the company's strategic expansion. The strategic acquisition of business from prominent entities such as Pekin Insurance and American National Insurance (ANICO) underscores Plateau's unwavering commitment to excellence and market leadership. Beyond these strategic moves, Plateau's growth trajectory includes substantial organic increases in Credit Insurance and Debt Cancellation Coverage from existing businesses, reaffirming the company's 40-year legacy of consistent year-over-year growth in the insurance sector. Joe Melendez, the CEO of The Plateau Group, expressed his enthusiasm for the company's achievements, stating, "Plateau has a deep, rich history in supporting financial institutions with simple, flexible credit enhancements to their lending products. As consumer lending groups aim to expand their market share and boost revenues, credit enhancement products like credit insurance emerge as the obvious choice. We are thrilled that our industry peers are turning to us to take over the support of their client bases and enhance their brands." Credit Insurance products, including Credit Life, Credit Property, and Accidental Death & Disability to name a few, have proven to be enduring solutions, desired by borrowers and providing protection for lenders and their borrowers. The Plateau Group's commitment to providing these essential products has solidified its position as a trusted partner in the financial services landscape. Melendez emphasized, "While we continue to scale our diversified product portfolio , we will never lose focus on our credit insurance solutions and our commitment to the thousands of consumer lending companies that rely on them. If you need a home for your credit insurance products, we are here for you." https://lnkd.in/gCHFU9ab