Vancouver, BC – LGM Financial Services Inc. (LGM), a leading Finance and Insurance (F&I) provider in Canada, today announced they have been entrusted by BMW Canada Inc. (BMW) to be the provider for all BMW, MINI, and BMW Motorrad extended warranty service contract programs. Since 2010, LGM has been in partnership with BMW, and will start administrating their extended warranty service contract programs as of January 1, 2023.
“Over the last twelve years, LGM has built a strong and collaborative partnership with BMW and their retailers. We’re extremely pleased that they have selected LGM to administer their extended warranty service contract programs, including the addition of BMW Motorrad,” said Drew Collier, President and CEO of LGM. “LGM and BMW are aligned on many fronts, including delivering a premium service to consumers and our commitment to driving sustainability within the automotive industry.”
According to the Dow Jones Sustainability Index, BMW is ranked as the most sustainable automotive company in the world. In April 2022, LGM received platinum status in Corporate Knight’s Social Purpose Transition Pathway: Helping Companies Move from “Say” to “Do” report.
“We’re excited to extend our alliance with LGM. LGM is a leader in sustainability and digital innovation, and together, we can continue creating a great consumer experience for our BMW, MINI and BMW Motorrad customers,” said Trevor Merrick, Manager, Insurance and Protection Products at BMW Group Financial Services Canada (BMWFS).
LGM will support BMW with product development, sales tools, retailer support, claims processing and field support. This includes a dedicated bilingual claims and retailer support network with exceptional customer service standards, as well as a best-in-class sales training program.
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About LGM Financial Services Inc.
LGM Financial Services (LGM) is a leader in Canada’s automotive space, focused on revolutionizing the consumer automotive experience through technology, transparency, and sustainability. Since 1998, LGM has been providing branded Finance and Insurance (F&I) products to distinguished automotive manufacturers and dealers across the country. LGM works to maximize dealership performance and customer satisfaction through products that are backed by an elite F&I sales and training program, and a comprehensive claims and dealer support network. For future information visit www.LGM.ca.
About BMW Canada Inc.
BMW Group Canada, based in Richmond Hill, Ontario, is a wholly-owned subsidiary of BMW AG and is responsible for the distribution of BMW luxury performance automobiles, Sports Activity Vehicles, Motorcycles, and MINI. BMW Group Financial Services Canada is a division of BMW Group Canada and offers retail financing and leasing programs and protection products on new and pre-owned BMW and MINI automobiles, as well as retail financing for new and pre-owned BMW Motorcycles. A total network of 50 BMW automobile retail centres, 21 BMW motorcycle retailers, and 31 MINI retailers represents the BMW Group across the country.