Auto F & I is an underwriting management agent with binders with various insurers, and a Centriq cell captive. It is responsible for product development, and specialises in warranty and motor vehicle VAPS consulting and product supply. With 10-year Experience, and owner managed the company boasts sustainability, forward thinking and product evolution. Auto F & I is the holding company for AutoSure.
Our consulting arm equips and enables dealers to correctly maximize and manage 2nd gross opportunities and costs effectively. Our consultants are specialists in the motor industry and are the preferred choice in consulting and training with regards to:
Supplementary Income Management,
Compliance Solutions, and
Sales and 2nd Gross Training.
Auto F&I has an in-depth understanding of the F&I environment and has been managing this process for decades on behalf of dealers.
Our daily reporting and feed back provides you with complete insight and control over your F&I activities.
Our offering provides a perfect and seamless alternative for dealers who are looking for ways to integrate F&I experts into their business process, without having to employ a F&I at high cost structures.
Our integrated systems allow us to virtually assist customers, provide product advice and guidance and conclude the entire transaction from our central business development center.
Complete F&I management system with reporting functions.
Dedicated NCR and FAIS Accredited “Virtual F&I Business Manager”.
Complete End-To-End Compliance Function.
Compliance audit tracking.
Available Compliance Audit Reports.
Auto F&I is a licensed FSP. Therefore no FSP license required by dealer.
Accurate Management Reporting, Performance Management and consulting.
AutoSure is the brand of our selection of mechanical and breakdown warranty solutions. We have developed a host of insurance and value added service offerings to assist our dealers sell the peace of mind required to any vehicle owner. For any assistance please click here to be re-directed to this page.
Additional Warranty Top-Up.
Tyre and Rim Warranty.
Service and Maintence Plan.
Interior and Exterior Maintenance.
Auto F & I has developed over the past ten years, bringing skills and experience of over 35-years to form a company, that would become a recognised market contender where world class products are offered as well as excellent services and turnkey solutions.
Our company has become a licensed Financial Services Provider and an appointing Underwriting Management Agency for recognised insurers, including: Centriq Insurance Company Limited, Genric Insurance Company Limited, Bidvest Insurance and the TeleSure Group, and continue to build from strength-to-strength.
Auto F & I’s growth can be attributed to the dedication of its staff and unwavering loyalty of its clients. We continually strive to exceed the requirements of our stakeholders which is confirmed by our business philosophy, which is to ensure that we remain attuned and responsive to the specific needs of our clients.
Our relations with our clients and our employees are founded on mutual respect, appreciation, trust and long-lasting partnerships.
We are continuously defining and reviewing our business objectives and we remain focussed on creating and delivering sustainable, profitable and efficient solutions for our clients.
The F & I office has been a dealership profit center for decades, but changes in industry trends are placing pressure on F&I profit, prompting dealerships to restructure the F & I role.
The average dealership relies on F & I profitability for a large percentage of its gross margin.
By reducing overhead, dealers may have to reduce the amount of people they have.
The F & I manager is the second-highest-paid position in a dealership, according to the National Automobile Dealers Association's 2017 Dealership Workforce Study. The average salary for an F & I could easily average at 25K per month plus commission, according to the study.
The role is high-earning because it is difficult. F & I are highly qualified and to succeed in F & I, a manager must build credibility with customers, understand and effectively present the products, maintain compliance and overcome a standard set of recurring objections.
As vehicle sales increasingly move online, dealers are looking for ways to integrate F & I experts into the process. Otherwise, they'll have to count on less profit from product penetration.
"If customers don't understand the products, they are not going to self-select as many online."
Specialization is the key to retaining control of F&I functionality, without having to employ your own F&I Manager. In a rapidly shifting environment, a Virtual business development center in which an F&I manager fields online queries, conduct and manage deals, would ensure that qualified F&I staff are virtually assisting customers, helping them understand the products and conclude all required documentation and compliance requirements.
F & I Management and Consulting Services.
This specialist service provides our clients with the knowledge and skills needed to ensure a long-term maximisation of additional income when working with us, regardless of whether they use our AutoSure products or their own chosen range.
Expert consulting, training and development of the Business Manager and associated staff members.
Supplemental income consulting services is one of our specialty offerings that we believe to be critical to a dealership’s overall success. Years of accumulated experience enable us to assist the dealership and F & I to maximise their second gross income.
An initial introductory session is held with the client to establish and assess current position against industry norms and benchmarks which will determine the future needs analysis for your dealership and package offerings that we supply. These packages can be tailored to suit the dealer.
To position ourselves as a leading partner for the automotive industry by delivering an innovative and unique combination of products and services that are expedient to your business.
To enable our dealer partners to participate in the ownership of insurance related products. Through our association with carefully chosen partners and suppliers, we bring solutions and increased profitability
To apply our extensive knowledge, experience and expertise to offer the motor industry a complete solution which allows dealers to maximise income potential and profitability via insurance and value-added products.
Expertise which provide ongoing access to legislation regarding amendments and changes in insurance law
To provide products and services that have been developed after many years of dealership interaction in order to ensure the maximum profitability for our dealer partners, yet ensuring customer satisfaction, motor dealer customer delight, and taking all compliance matters and expectations into consideration.
As a company we pride ourselves in transparency, honesty and integrity and continuous synergy with our dealers to ensure a mutual, profitable long-term relationship. Our total value offering can be tailor made for your overall business needs and requirements and can be structured accordingly.
We strive to add value to our customers through our commitment and knowledge and place a high value on collaboration, teamwork, accountability and shared responsibility.