GAPCORP Holdings signs agreement with US based Warrantech & MEXBRIT

Established 6 years ago in Saudi Arabia, the company managed to quickly assert itself as a global player specifically in the Automotive extended warranty product business as it has successfully penetrated many local, regional and international markets.

Speaking more on this agreement, Mr. Nasser Watar, Chairman and CEO of GAPCORP said, "Our agreement with US based Warrantech, marks yet another important milestone in the history of our young company. Now we are a Global, yet a local company. Few people believed that we could have expanded at this pace in a span of 6 years."

He added, "All our products are supported by first class local insurers in each of the markets and minimum "A" rated re-insurers. The fact that we tie up with such companies is surely a must have key factor that has contributed to our success."

GAPCORP already have a joint venture with Zuellig Group, one of the largest privately held companies in South East Asia covering Thailand, Philippines, Singapore, Hong Kong, Malaysia and Indonesia under Asia Warranty Services and in the Gulf Council Countries under GAPGULF and in Europe through its European arm affiliate Lonsdale Insurance Brokers.

The Company's regional list of clients include BMW, Lexus, Toyota, Nissan, Infiniti, Mazda, Mitsubishi, Orix Leasing, HSBC, Standard Chartered and many more.