VANCOUVER, Oct. 1, 2012 /CNW/ - LGM, a leading provider of finance and insurance products in the automotive sector and a recognized supplier of warranty solutions for the consumer electronic industry, announces it has simplified its corporate structure and consolidated its operating divisions under its LGM brand. Effective October 1st, LGM Financial Services Inc. will operate the automotive business and LGM Consumer Services Inc. will operate the consumer electronics business.
"We have a very different business model today than when we began in 1998. Our exponential company growth and continued evolution in the industries we serve made a strong business case for us to re-examine the way we operate." says Adam Hill, LGM Chief Executive. "We have always been one team, but this brand consolidation unites us further. It also presents a concise approach to our markets, and helps to streamline our business operations."
LGM Financial Services Inc. (formed as a result of the amalgamation of a number of affiliated companies that included Omni Warranty Corp., Lions Gate Marketing Company Ltd. and Omni Group Services Corp.) is dedicated to the Canadian automotive industry. Partnered with eight automotive brands and servicing over 1,200 dealers, LGM Financial Services Inc. is a market leader in extended warranties, credit insurance and anti-theft products. They market and administer first class finance and insurance products while providing dealer development training and support.
LGM Consumer Services Inc. (formerly Omni Warranty International Corp.) delivers leading warranty and customer support services on behalf of some of the leading consumer product companies in the world. From warranty program implementation, to full service call center support and reporting, LGM Consumer Services Inc. is a full service provider of customized business solutions.
About LGM
LGM is a leading provider of finance and insurance products in the automotive sector and a recognized supplier of warranty solutions for the consumer electronics industry. LGM has built success upon innovative products, creative design and distinguished manufacturing client relationships. LGM's philosophy is to maximize sales performance by delivering quality products backed with leading training and support. LGM is certified under the prestigious Service, Capability and Performance standards, has been ranked among Canada's Best Workplaces by the Great Place to Work® Institute for the last six years, and has been honored by PROFIT 200 as one of Canada's most profitable companies for four consecutive years.
SOURCE: LGM
Christine Rybas
Vice President, Product, Marketing, and Communications
(604) 806-5315
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