NAE / NWAN

Strongsville, United States Founded: 1996 • Age: 30 yrs Acquired By Portfolio
Extended warranties are developed and administered for automotive dealerships.
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About NAE / NWAN

NAE / NWAN is a company based in Strongsville (United States) founded in 1996 was acquired by Portfolio in March 2020.. NAE / NWAN offers products and services including Warranty Forever, Extreme Warranty, EverDrive, Lease Protect, and GAP Protect. NAE / NWAN operates in a competitive market with competitors including Clearcover, Hagerty, Metromile, Zendrive and Cambridge Mobile Telematics, among others.

  • Headquarter Strongsville, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Portfolio

    (Mar 09, 2020)

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Products & Services of NAE / NWAN

NAE / NWAN offers a comprehensive portfolio of products and services, including Warranty Forever, Extreme Warranty, EverDrive, Lease Protect, and GAP Protect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Lifetime limited warranty for vehicles with full powertrain coverage.

Comprehensive customizable contract with additional protection benefits.

Limited warranty for gas and electric vehicles including towing reimbursement.

Reimbursement for end-of-lease charges without mileage restrictions.

Covers negative equity and deductibles in vehicle total loss cases.

Theft deterrence with cash benefits for unrecovered stolen vehicles.

Reimbursement for lost keys and remotes plus roadside assistance.

Reimbursement for road hazard damage to tires and wheels.

People of NAE / NWAN
Headcount 50-200
Employee Profiles 13
Employee Profiles
People
Katie Zurowski
Pre-authorization Specialist
People
John Gavula
Senior Mechanical Warranty Claims Adjudicator
People
Megan Belden
Manager Of Accounting And Reinsurance
People
Jeffrey Schmucki
Senior Mechanical Claims Adjuster

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Funding Insights of NAE / NWAN

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NAE / NWAN

NAE / NWAN has secured backing from 1 investor. Prominent investors backing the company include Portfolio Reinsurance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Reinsurance services are provided to primary insurers since 1989.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NAE / NWAN

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - NAE NWAN

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nae / Nwan Comparisons

Employees
+
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Competitors of NAE / NWAN

NAE / NWAN operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clearcover, Hagerty, Metromile, Zendrive and Cambridge Mobile Telematics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automotive insurance is delivered via an online platform.
domain founded_year HQ Location
Automotive insurance solutions are provided to vehicle users.
domain founded_year HQ Location
App that provides usage-based auto insurance platform for individuals
domain founded_year HQ Location
AI-enabled platform offering driver behavior monitoring and analysis solutions
domain founded_year HQ Location
Usage-based data monitoring solutions for the auto insurance industry
domain founded_year HQ Location
Telematics-based data & monitoring solutions for auto insurers and fleet owners
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nae / Nwan

Frequently Asked Questions about NAE / NWAN

When was NAE / NWAN founded?

NAE / NWAN was founded in 1996.

Where is NAE / NWAN located?

NAE / NWAN is headquartered in Strongsville, United States. It is registered at Strongsville, Ohio, United States.

What does NAE / NWAN do?

NAENWAN was founded in 1996 and is headquartered in Strongsville, United States. Operations center on the creation, promotion, and administration of finance and insurance products within the automotive sector. Extended warranties and vehicle protection plans are provided to retail markets, encompassing car, RV, and powersports dealerships. Services support dealerships in offering comprehensive coverage options to customers.

Who are the top competitors of NAE / NWAN?

NAE / NWAN's top competitors include Hagerty, Clearcover and Metromile.

What products or services does NAE / NWAN offer?

NAE / NWAN offers Warranty Forever, Extreme Warranty, EverDrive, Lease Protect, and 4 more products and services.

Who are NAE / NWAN's investors?

NAE / NWAN has 1 investor. Key investors include Portfolio Reinsurance.

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