ANV Completes Car Care Plan Acquisition, Expanding Global Vehicle Warranty Platform
ANV Group Holdings a global insurance intermediary platform, has completed the acquisition of Car Care Plan (“CCP”) from AmTrust Financial Services, Inc. (“AmTrust”), marking a significant expansion of its presence in the international vehicle warranty and automotive protection market.
Car Care Plan is a major provider of motor warranty products in the United Kingdom and operates as a market-leading warranty managing general agent (MGA). The acquisition brings together CCP’s longstanding automotive expertise, international relationships and operational capabilities with ANV’s existing Credit & Protection platform.
The transaction is expected to strengthen ANV’s position in the global vehicle warranty sector while creating additional opportunities to support automotive manufacturers, dealers and customers across multiple markets.
Nearly Five Decades of Automotive Warranty Experience
Founded in 1976, Car Care Plan has built its business around providing warranty and protection solutions for the automotive industry. Over almost five decades, the company has developed an international platform supported by long-standing relationships with original equipment manufacturers (OEMs), automotive retailers and other industry partners.
Today, CCP serves more than 30 OEMs and over 2,500 dealers. Its customer base extends across approximately 100 countries, giving the company a broad international footprint within the automotive protection and warranty industry.
The company’s capabilities cover multiple stages of the warranty lifecycle. These include product design, underwriting, claims management, administration and customer support. By providing these services through an integrated platform, CCP has established a model designed to support automotive partners from the development of warranty products through to the customer claims experience.
The acquisition therefore gives ANV access not only to CCP’s existing business relationships, but also to an established operating infrastructure and specialized knowledge of the vehicle warranty market.
ANV Expands Its Credit & Protection Platform
For ANV, the acquisition represents an important addition to its Credit & Protection platform. The company views CCP as a complementary business that can increase its scale and capabilities in the global vehicle warranty market.
Adam Karkowsky, Chairman and Chief Executive Officer of ANV, described Car Care Plan as an important addition to the company’s platform and highlighted the potential for the business to contribute meaningful scale in the global vehicle warranty sector.
“Car Care Plan is a fantastic platform and an important addition to ANV’s Credit & Protection platform, bringing meaningful scale in the global vehicle warranty market,” Karkowsky said.
He also welcomed Ben Russell and the wider CCP team to ANV, emphasizing the company’s intention to support Car Care Plan as it enters its next phase of development.
The acquisition allows ANV to build on an established automotive business rather than developing a new warranty platform from the ground up. CCP’s existing relationships, international presence and operational infrastructure provide a foundation from which ANV can continue expanding its activities in automotive protection.
Strong OEM and Dealer Relationships
One of CCP’s key assets is its extensive network across the automotive industry. The company works with more than 30 OEMs and over 2,500 dealers, giving it a broad connection to vehicle manufacturers and retail businesses.
OEM and dealer relationships are particularly important in the vehicle warranty market because warranty and protection products are closely connected to the vehicle purchasing and ownership experience.
For manufacturers, warranty programs can form part of the broader customer ownership proposition. For dealers, protection products can provide additional services to customers throughout the ownership lifecycle. For vehicle owners, warranties can provide protection against eligible repair costs and help provide greater clarity around potential expenses after the manufacturer’s original coverage expires.
CCP’s experience in working with these stakeholders gives ANV an established platform through which it can continue developing automotive protection solutions.
International Reach Across Multiple Markets
The acquisition also expands ANV’s international presence through CCP’s overseas operations.
The transaction includes CCP subsidiaries in the United States, Europe, Turkey and China, in addition to its UK operations. These businesses collectively provide ANV with a wider geographic footprint across important automotive markets.
CCP’s international customer reach extends to approximately 100 countries. This geographic diversity reflects the company’s development from a UK-based warranty provider into an international automotive protection platform.
The inclusion of international subsidiaries also means that ANV gains experience and infrastructure across different automotive markets and regulatory environments. This could provide a foundation for future development as demand for vehicle protection products evolves across regions.
Dent Wizard Ventures Included in Transaction
The transaction extends beyond vehicle warranty operations. It also includes Dent Wizard Ventures (“DWV”), a leading UK provider of mobile bodywork, paint and alloy wheel refurbishment and repair services.
DWV adds another automotive-related capability to the businesses acquired by ANV.
Its focus on vehicle appearance and repair services complements CCP’s broader position within the vehicle ownership ecosystem. While warranty services are designed around protection against covered mechanical or other eligible vehicle-related costs, repair and refurbishment services address physical vehicle condition and maintenance needs.
The inclusion of DWV therefore broadens the range of automotive services associated with the acquired platform.
Together, CCP, its international subsidiaries and DWV give ANV a larger presence across different areas of the automotive aftermarket and vehicle ownership lifecycle.
Supporting the Next Phase of Car Care Plan’s Growth
The completion of the acquisition marks a new chapter for Car Care Plan following nearly 50 years of independent development.
Ben Russell, Chief Executive Officer of Car Care Plan, said the transaction represents an important step forward for the company. He also emphasized the importance of building on the business established over nearly five decades while continuing to support its existing stakeholders.
“Completing this transaction marks an important step forward for Car Care Plan,” Russell said. “We look forward to building on the business we’ve established over nearly five decades and continuing to serve our OEMs, dealers, and customers around the world.”
The statement highlights the continuity of CCP’s existing business model while positioning the company for further development under its new ownership.
For its OEM and dealer partners, maintaining continuity will be important as the company transitions into ANV’s broader corporate structure. The acquired business brings established relationships and processes that have been developed over many years.
Changing Vehicle Ownership Landscape
The vehicle warranty market is evolving alongside changes in the wider automotive industry.
Modern vehicles contain increasingly sophisticated mechanical, electrical and electronic systems. The growth of electric vehicles, advanced driver assistance systems, connected technologies and software-enabled functions is also changing the nature of vehicle ownership and repair.
As vehicle technology becomes more complex, protection products and warranty services can play an increasingly important role in the overall ownership experience.
At the same time, customers are becoming more conscious of vehicle ownership costs. Unexpected repair expenses can represent a significant financial consideration for consumers and businesses. Warranty products can help address some of these concerns by providing coverage for eligible repairs under defined terms and conditions.
For automotive manufacturers and dealers, warranty and protection programs can therefore form part of broader customer retention and aftersales strategies.
CCP’s longstanding experience in this area gives ANV an established position from which to participate in these developments.
Combining Scale With Specialized Expertise
The acquisition also illustrates ANV’s strategy of expanding its insurance intermediary platform through specialized businesses.
Rather than focusing exclusively on traditional insurance distribution, ANV is adding businesses with expertise in specific protection markets. CCP brings specialized knowledge of automotive warranties, underwriting, claims administration and customer support.
This combination of sector expertise and broader platform scale could allow the acquired business to pursue additional opportunities in existing and new markets.
CCP’s established international operations may also provide ANV with opportunities to share resources, expertise and capabilities across its wider Credit & Protection platform.
Benefits for Automotive Industry Partners
For OEMs and dealers, the combination of CCP and ANV creates a larger organization focused on protection and insurance-related solutions.
CCP’s existing capabilities cover the full warranty process, from product development and underwriting through claims and customer service. This end-to-end approach allows the company to work closely with automotive partners throughout the life of a warranty program.
The acquisition provides ANV with access to these capabilities while giving CCP the opportunity to operate as part of a broader global insurance intermediary platform.
The companies’ respective capabilities are expected to complement one another as the business moves forward.
A Broader Automotive Aftermarket Presence
With the addition of CCP and DWV, ANV is increasing its exposure to the automotive aftermarket.
Warranty products and vehicle repair services operate at different points within the customer journey, but both are connected to the long-term ownership and maintenance of vehicles.
CCP’s warranty operations provide protection products and related services, while DWV focuses on mobile bodywork, paint and alloy wheel refurbishment and repair. Together, they give ANV a broader connection to automotive customers and industry partners.
The combination also reflects the increasingly diverse nature of the automotive aftermarket, where manufacturers, dealers, insurers, warranty providers, repair specialists and technology companies all contribute to the ownership experience.
The completion of the Car Care Plan acquisition represents a significant development for both ANV and CCP.
For ANV, the transaction adds a well-established automotive warranty platform, international subsidiaries and a vehicle repair business to its existing Credit & Protection operations. For CCP, the acquisition provides a new ownership structure under which the company can build on its established relationships, expertise and international operations.
With more than 30 OEM relationships, over 2,500 dealers and customers across approximately 100 countries, CCP enters the ANV organization with an established international footprint.
The inclusion of operations in the United States, Europe, Turkey and China further strengthens the geographic reach of the combined platform, while Dent Wizard Ventures adds complementary vehicle repair and refurbishment capabilities.
As the automotive industry continues to evolve, the demand for warranty, protection, repair and aftermarket services is likely to remain closely linked to changing vehicle technologies and ownership patterns. ANV’s acquisition of Car Care Plan positions the company to participate in that evolving market through an established platform with decades of automotive experience.
With the transaction now complete, ANV and CCP will focus on building on the business developed since CCP’s founding in 1976. The companies’ stated priorities include continuing to serve OEMs, dealers and customers while supporting the business through its next stage of growth.
The acquisition ultimately brings together ANV’s broader insurance intermediary capabilities with CCP’s specialized automotive warranty expertise, creating a larger platform serving the global vehicle protection and automotive aftermarket markets.
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