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Stage of Investment:- Business Expansion
National Warranty Company (NWC) is a wholesaler who administers warranties on the behalf of motor dealers and specialises in the administration of extended warranties and roadside assistance Australia-wide. NWC’s foundations in the warranty market extend back to 1999. It has developed an excellent reputation for providing only the highest quality products and services to consumers.
NWC administered vehicle warranties are designed to help reduce the financial impact of unexpected costs of mechanical or electrical failure by providing cover for both parts and labour of covered components. In the event the failure occurs away from your home, vehicle warranties also provide financial assistance towards the cost of emergency accommodation and car hire.
At some stage most drivers experience the frustration, worry and inconvenience of a vehicle breakdown whether it is during a weekend getaway, during the school run or simply commuting to work. National Roadservice Australia provides Australia’s best value roadside assistance which gives you peace of mind knowing that you are covered 24 hours a day, 7 days a week, Australia-wide should you break down.
After exiting this investment, National Warranty Company became a subsidiary of Australia’s specialist insurance, warranty and finance company Presidian Pty Ltd. which on 5/2/15 was aquired by ASX Listed McMillan Shakespeare (ASX:MMS)
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