Ciocca Automotive Partners with Assurant for Vehicle Protection Products

Deal News | May 29, 2025 | Assurant Investment Management

Assurant, Inc., a global protection company specializing in safeguarding connected devices, homes, and automobiles, has announced a strategic partnership with Ciocca Automotive. The collaboration allows Ciocca's 54 dealerships across New Jersey and Pennsylvania to offer Assurant's range of vehicle protection products. This partnership not only encompasses the Assurant Vehicle Care line but also includes a comprehensive support structure for dealership operations. Assurant provides in-dealership training, comprehensive compliance support, and the establishment of wealth-building structures for Ciocca Automotive. The partnership has already shown positive results, as stated by Ciocca's leadership, with increased Per Vehicle Retail (PVR) figures. Assurant's role extends beyond vehicle protection, offering strategic consultative support to fuel Ciocca's growth plans. Joe Amendola from Assurant highlighted Ciocca's customer-centric growth mindset, foreseeing a fruitful partnership that boosts customer satisfaction through enhanced protection and operational efficiencies.

Sectors

  • Automotive
  • Insurance

Geography

  • United States – Both Assurant and Ciocca Automotive are based and operate in the United States, particularly focusing on regions like New Jersey and Pennsylvania.

Industry

  • Automotive – Both Assurant and Ciocca Automotive operate in the automotive sector, focusing on vehicle protection and dealership operations respectively.
  • Insurance – Assurant provides vehicle protection products, a form of insurance product aimed at safeguarding vehicle investments.

Financials

    Participants

    NameRoleTypeDescription
    Assurant, Inc.PartnerCompanyA Fortune 500 global protection company providing vehicle protection and other safeguarding products.
    Ciocca AutomotivePartnerCompanyA growing automotive group with 54 dealerships across New Jersey and Pennsylvania.
    Joe AmendolaVP Business Development & Strategy, Assurant Dealer ServicesPersonRepresents Assurant in its partnership with Ciocca Automotive.
    Mark HarroldCEO, Ciocca AutomotivePersonOversees Ciocca Automotive's operations and strategic partnerships.
    Christopher SechristPresident, Ciocca AutomotivePersonResponsible for the operational leadership of Ciocca Automotive.