GSFSGroup
GSFSGroup describes itself as a provider of F&I products and reinsurance structures for the automotive industry, and says it was founded in Houston, Texas in 1982. Its site organizes the company into wealth building, products, training, talent management and technology.
GSFSGroup: Vehicle Service Contracts and Maintenance Programs
The products page lists vehicle service contracts, maintenance programs, GAP, tire and wheel service contracts, lease protection, limited warranty and credit insurance.
| Product or service | Function |
|---|---|
| Vehicle Service Contracts and Maintenance Programs | Coverage sold through the dealership F&I office. |
| GAP | GAP products described as responsibly priced. |
| Tire and Wheel Service Contracts | Coverage for tires and wheels. |
| Lease Protection, Limited Warranty and Credit Insurance | Additional F&I products. |
| Training and technology | Training programs and business intelligence and technology tools for dealers. |
| TalentNest | A talent management tool for hiring, training and retaining dealership staff. |
GSFSGroup: product details
GSFSGroup, founded in 1982 and based in Houston, sells F&I products and reinsurance structures. Its products include vehicle service contracts with several obligor structures, GAP, credit insurance, tire and wheel, maintenance programs and a hiring and recruiting program, with training.
It lists five dealer participation structures: NCFC, CFC, retro, dealer-owned warranty company and dealer obligor. It has served dealers since 1982.
It began in Houston.
A finance director comparing providers should ask which structure fits the store's volume, how reserves and claims are reported, what the compliance responsibilities are for each structure and how a maintenance plan feeds service traffic.
GSFSGroup also sells SecureNet Maintenance Plus, a reinsurable maintenance plan meant to bring customers back to the dealer's own service department. A store weighing it should check how the plan is administered and who pays for a repair performed away from the dealership.