Germantown, Tenn. - Mega Group USA, the 1,600-member buying organization, has signed Safeware to administer the group's product protection plan program.
Columbus, Ohio-based Safeware is a 30-year-old insurance and extended service plan provider. Underwritten by Assurant Solutions and Fortegra Financial Corp., the company sells coverage online and through retailers to insure smartphones, tablets, laptops and desktops against accidental damage, theft, fire, floods, falls, power surges, spills, cracked screens and other mishaps.
"We are thrilled about our relationship with Safeware," said Mega Group CEO Rick Bellows, citing the company's technology, talent pool, quality of service and precise attention to detail. "Our need to continue to drive our dealer base with service growth and technology fits in line with our strategic relationship with Safeware."
Added Safeware president/CEO Walter Fawcett, III, "We are truly excited about ... the ability to grow our extended service plan portfolio with a solid partner who shares our culture and business philosophy."
Mega Group, based here, is a national home furnishings buying organization of independent appliance, furniture, mattress, electronics, and lawn and garden retailers operating 2,500 storefronts. Mega says it has expanded rapidly by supporting member needs with a broad business approach that includes group vendor programs, custom advertising and marketing services, consulting, store merchandising, essential business services programs and information technology support.