The Extended Warranty segment includes excellent businesses in the Automotive and HVAC markets. Kingsway intends to continue to expand its portfolio of high quality operating companies through organic growth and disciplined M&A.
Professional Warranty Service Corporation
Acquired October 2017
Exited August 2022
In July 2022 Kingsway sold PWSC to PCF Insurance Services of the West, LLC. The sale of PWSC, combined with distributions received from PWSC over the years, represented an approximate 10x return on Kingsway’s investment over 4.5 years.