Nowcom to offer 30-day Insurance Binders online
Nowcom Corporation, a software solutions company serving retail auto dealerships across the country with their sales, finance, credit reporting, and overall dealership management, today announced that they are offering 30-day insurance binders to their Dealer Center clients.
Dealer Center is a web based application that empowers dealers by providing quick access to consumer credit reports from all three major credit bureaus, instant approval decision software, and access to financing, all with the click of the mouse. Dealers can now obtain and issue a 30-day insurance binder right at the point of sale.
"The new binder program gives the dealer the opportunity to do more business by having the ability to roll the car now instead of waiting for the customer to shop for insurance. We all know that once the customer leaves the lot, there is a chance they may never return," said Leo Lubowicz, Vice President of Sales and Marketing for Nowcom. "This allows the dealer to close the deal today."
Nowcom, licensed as Nowcom Insurance Brokerage Services, not only adds value by enabling their clients to do more business, but directly benefits by generating a new revenue stream, capturing a deep vertical market within its existing marketplace.
Nowcom Corporation, founded in 1996, is a member of the Hankey Group. Hankey Group is a 25-year-old financial services company that owns eight operating companies in Southern California and is controlled by Don Hankey. The companies are: Midway Ford & Suzuki, Westlake Financial Services, Toyota of North Hollywood, HFC Acceptance, Knight Management Insurance Services, Hankey Investment Company, Midway Car Rental and Nowcom Corporation. The President of Nowcom, Rufus Hankey, oversees all aspects of the strategic planning, daily operations and management of the company. Nowcom's mission is to provide retail dealerships across the country, innovative Web-based and locally installed software solutions in support of their sales, finance, insurance, credit report processing, and overall dealership operations. Nowcom's business solutions are currently used by over 2700 dealerships nationwide. Nowcom is committed to providing dealerships leading-edge software applications that will ensure their long-term profitability and business success.
back to news