ANV Group Holdings to Acquire Car Care Plan, Expanding Its Global Warranty Platform
ANV Group Holdings Ltd. a global insurance intermediary platform, has announced a definitive agreement to acquire Car Care Plan (“CCP”), a leading provider of motor warranties in the United Kingdom and a market-leading warranty managing general agent (MGA). The transaction is being undertaken as part of ANV’s broader strategy to expand its presence in attractive insurance markets and build specialized platforms through partnerships with established MGAs.
The acquisition is expected to close around the end of September 2026, subject to customary closing conditions and regulatory requirements. Once completed, the transaction will give ANV a significantly larger position in the vehicle warranty and automotive protection sector, while adding a business with nearly five decades of operating experience, strong manufacturer and dealer relationships, and an established international footprint.
Founded in 1976, Car Care Plan has developed into a major player in the automotive warranty industry. Over the course of approximately 50 years, the company has built a broad range of capabilities covering vehicle warranties, asset protection products, after-sales services, claims administration, and customer support. Its business serves more than 30 original equipment manufacturers (OEMs), over 2,500 dealers, and customers in approximately 100 countries.
The company’s long operating history has enabled it to establish long-standing relationships throughout the automotive value chain. These relationships, combined with CCP’s expertise in product development, underwriting, claims management, and administration, have created a differentiated platform that ANV believes will be difficult for competitors to replicate.
Strategic Expansion Into the Warranty Market
The acquisition represents an important expansion for ANV as the company continues to develop its Credit & Protection platform. By acquiring CCP, ANV will establish a scaled presence in the automotive warranty market and gain access to a business that operates across multiple geographies and customer segments.
Vehicle warranties have become an increasingly important component of the automotive ownership experience. As vehicles become more technologically advanced, consumers and businesses are seeking additional protection against unexpected repair costs and other ownership risks. At the same time, automotive manufacturers and dealers are increasingly focused on providing comprehensive after-sales services that can strengthen customer relationships and support vehicle retention.
CCP’s established position in this market gives ANV an opportunity to participate in these long-term trends. Its existing OEM and dealer relationships provide a strong foundation for future growth, while its international operations create opportunities to expand products and services across different markets.
Adam Karkowsky, Chairman and Chief Executive Officer of ANV, described CCP as a high-quality business with significant competitive advantages. He highlighted the company’s deep relationships with OEMs and dealers as well as its underwriting, claims, and administrative capabilities.
According to Karkowsky, the acquisition fits closely with ANV’s strategy of partnering with MGAs operating in attractive and specialized insurance markets. He also noted that the transaction will establish a scaled platform in the warranty sector and provide a foundation for the company’s next stage of growth.
A Business With Nearly Five Decades of Experience
Car Care Plan’s history dates back to 1976, giving the company extensive experience in the automotive protection and warranty industry. During this period, the business has evolved alongside major changes in the automotive sector, including advances in vehicle technology, changing consumer expectations, and the development of increasingly sophisticated dealer and manufacturer service programs.
The company’s business model extends beyond simply providing warranty products. CCP has developed capabilities across the entire warranty lifecycle. These include designing products, supporting underwriting activities, managing claims, administering policies, and providing customer assistance.
This integrated approach enables the company to work closely with automotive manufacturers and dealers while delivering services directly to customers. It also allows CCP to tailor products to different markets and vehicle programs.
Its international reach is another important feature of the business. CCP serves customers in approximately 100 countries and maintains overseas subsidiaries in several major markets, including the United States, Europe, Turkey, and China. This international footprint provides ANV with an established platform from which it can pursue additional opportunities in the global warranty industry.
Dent Wizard Ventures Included in the Transaction
The transaction will not be limited to Car Care Plan’s core warranty operations. It also includes Dent Wizard Ventures (“DWV”) in the United Kingdom.
DWV is a market-leading mobile bodywork, paint, and alloy wheel refurbishment and repair company. Its inclusion adds another automotive-focused service business to ANV’s portfolio and further expands the scope of the transaction beyond traditional warranty products.
Vehicle repair and refurbishment services are closely connected to the broader automotive ownership and after-sales ecosystem. By bringing DWV into the group alongside CCP’s warranty operations, ANV will gain exposure to complementary areas of the automotive service market.
The acquisition will also include CCP’s overseas subsidiaries, giving ANV ownership of operations across the United States, Europe, Turkey, and China. Together, these businesses are expected to create a broader international platform capable of supporting automotive manufacturers, dealers, and consumers across multiple regions.
ANV believes the combination will complement its existing Credit & Protection platform and create opportunities for further growth within specialized insurance and automotive protection markets.
Leadership Team to Remain in Place
A key element of the agreement is the decision to retain CCP’s existing leadership team. Chief Executive Officer Ben Russell and the current management team will remain in their roles following the transaction.
Maintaining the existing leadership structure is intended to provide continuity for employees, OEM partners, dealers, and customers. CCP will also continue operating under its existing brand.
The company’s existing points of contact for manufacturers, dealers, and customers are expected to remain unchanged. This approach is designed to minimize disruption during the ownership transition and preserve the operating culture and service standards that CCP has developed over decades.
For a business that relies heavily on long-term relationships, continuity is particularly important. OEM and dealer partnerships can span many years, while customers depend on consistent warranty administration and claims support. Maintaining the existing team and brand should help ensure that these relationships remain stable as CCP becomes part of ANV.
Ben Russell said the transaction represents an exciting new chapter for Car Care Plan. He pointed to ANV’s long-term investment approach, financial strength, and global platform as factors that could help the company accelerate its growth.
Russell also emphasized the importance of preserving CCP’s brand, service standards, and established relationships. He expressed confidence that ANV is an appropriate long-term owner for the business, its employees, and its customers.
AmTrust to Remain Underwriting Partner
Another important aspect of the agreement is the continued involvement of AmTrust Financial Services, Inc. AmTrust is the seller of CCP but will remain the company’s long-term underwriting partner following the acquisition.
Under a long-term capacity agreement, AmTrust will continue to underwrite CCP’s existing books of business. This arrangement is intended to provide continuity for existing products and customers and help ensure that the change in ownership does not disrupt existing warranty programs.
The continued underwriting relationship also allows CCP to retain access to established underwriting capacity while benefiting from ANV’s ownership and global insurance platform.
For OEMs, dealers, and customers, maintaining the underwriting relationship can provide additional confidence during the transition. Existing programs can continue operating under familiar arrangements while ANV and CCP focus on developing the business for future growth.
Opportunities in an Evolving Automotive Market
The acquisition comes as the automotive industry continues to undergo significant transformation. Vehicle technology is becoming increasingly sophisticated, with modern cars incorporating more electronics, sensors, software, advanced driver assistance systems, and connected technologies.
These developments can create new opportunities for warranty providers. As repair complexity increases, vehicle owners may place greater value on protection against unexpected maintenance and repair expenses.
At the same time, automotive manufacturers and dealers are seeking ways to strengthen relationships with customers after a vehicle sale. Warranty programs and other protection products can contribute to customer retention while providing additional value throughout the ownership cycle.
CCP’s established relationships with more than 30 OEMs and over 2,500 dealers position it to participate in these trends. Its product design and administrative capabilities also provide a platform for developing solutions that respond to changing vehicle ownership patterns and customer expectations.
The company’s international presence could provide further opportunities. With operations and customers spanning multiple regions, CCP can potentially leverage its existing expertise across markets while benefiting from ANV’s broader resources and global platform.
ANV’s MGA-Focused Growth Strategy
The acquisition also highlights ANV’s broader approach to growth. Rather than building every insurance capability internally, the company has been pursuing opportunities to partner with and acquire established MGAs operating in specialized markets.
MGAs can provide insurers and insurance platforms with specialized underwriting expertise, distribution relationships, product knowledge, and established operating infrastructure. Acquiring a proven MGA can therefore provide a faster route into an attractive market while retaining the expertise of the existing management team.
CCP fits this model because of its established position in automotive warranties and its extensive industry relationships. Its combination of product development, underwriting knowledge, claims management, administration, and customer support provides ANV with a comprehensive operating platform.
The acquisition therefore represents more than an expansion of ANV’s product portfolio. It establishes a dedicated warranty platform that could serve as a foundation for additional growth and investment.
Focus on Growth and Continuity
While the acquisition provides ANV with an opportunity to expand, the immediate emphasis appears to be on maintaining continuity. CCP will retain its brand, leadership team, customer relationships, and existing underwriting arrangement with AmTrust.
This approach allows the company to preserve the characteristics that have contributed to its success while gaining access to ANV’s capital and global resources.
For employees, the continuation of the current management team is expected to provide stability. For OEMs and dealers, maintaining existing contacts and programs should help reduce potential disruption. For customers, the continued operation of familiar warranty and after-sales services should support a smooth transition.
Over the longer term, ANV’s ownership could provide CCP with additional resources to pursue product development, geographic expansion, technology investment, and new partnerships.
Expected Closing
The transaction is expected to close around the end of September 2026, subject to the completion of customary conditions and required approvals.
Once completed, ANV will add one of the United Kingdom’s leading automotive warranty businesses to its portfolio, along with DWV and CCP’s international subsidiaries. The combined assets will strengthen ANV’s presence in automotive protection and create a broader platform spanning warranty products, claims administration, after-sales services, and vehicle repair and refurbishment.
The deal also brings together two complementary strengths: CCP’s nearly 50 years of automotive warranty expertise and ANV’s strategy of building specialized insurance platforms through investment in established MGAs.
With the existing CCP leadership team remaining in place and AmTrust continuing as a long-term underwriting partner, the transition is expected to focus heavily on preserving operational continuity while creating new opportunities for growth.
As the automotive industry continues to evolve, demand for warranty, protection, repair, and after-sales solutions is likely to remain an important part of the vehicle ownership ecosystem. ANV’s acquisition of Car Care Plan positions the company to participate in that market with an established brand, extensive industry relationships, international operations, and a proven management team.
The transaction therefore marks a significant milestone for both companies. For ANV, it establishes a scaled platform in the automotive warranty sector and strengthens its Credit & Protection business. For Car Care Plan, the agreement provides a new ownership structure backed by a global insurance intermediary platform while allowing the company to maintain the brand, people, relationships, and service approach that have supported its growth for nearly five decades.
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