OTTAWA, ON, Oct. 6, 2025 (CNW Group via COMTEX) --
People's Choice Warranty ("PCW") today welcomed the Ontario Motor Vehicle Industry Council's (OMVIC) latest bulletin confirming that PCW products (per the attached schedule) are fully insured and may be sold in full compliance with all regulatory requirements.
The OMVIC bulletin provides important clarity and reassurance to Ontario dealers and consumers. It emphasizes that dealers must:
PCW Products Fully Insured by Arch InsuranceEffective April 1, 2025, Arch entered into an Administration Program Agreement and related Contractual Liability Insurance Policy with PMI Alliance Group Inc. / Peoples Choice Warranty Ltd., insuring the performance of PCW's vehicle protection programs in Ontario. Arch Insurance Canada Ltd., a licensed Canadian insurer and subsidiary of Arch Capital Group Ltd. (NASDAQ: ACGL), an A+ rated global insurer with a market capitalization of more than USD $30 billion. This ensures that PCW operates on a robust financial foundation and that consumer obligations are fully protected.
View the official confirmation of commitment here: LINK
New Management, Strengthened ComplianceSince transitioning to new management under Drive Investment Partners, PCW has taken significant steps to reinforce its operations:
Commitment to Dealers and Consumers"We are pleased that OMVIC has provided this clarity to the dealer community," said Vince D'Antoni, Chief Executive Officer of PCW. "With today's bulletin, dealers can move forward with confidence, knowing that our products are fully insured, compliant, and backed by a strong management team. Our focus remains on consumer protection and delivering long-term value to our dealer partners."
AcknowledgmentBoth Vince D'Antoni, CEO of People's Choice Warranty, and Maxime Théoràªt, CEO of Drive Investment Partners, would like to thank OMVIC for its diligence in providing clarity and resolving this matter. Their guidance allows PCW and its dealer partners to move forward with confidence and transparency.
Looking ForwardPCW will continue to expand its dealer platform, introduce new product offerings, and grow its presence across Canada, with a commitment to compliance, transparency, and consumer protection.
The full OMVIC bulletin can be accessed here: LINK
About People's Choice Warranty (PCW)Founded in 2000, People's Choice Warranty has grown into one of Canada's most recognized providers of extended warranty and protection products for both franchised and independent dealerships. For 25 years, the company has been dedicated to helping dealers and their customers protect their vehicles with reliable, customer-focused solutions. Backed by Arch Insurance Canada Ltd. and led by a new management team, PCW is committed to compliance, transparency, and consumer protection.
SOURCE Peoples Choice Warranty
SOURCE: Peoples Choice Warranty
Media Contact: Vince D'Antoni Jr., Chief Executive Officer, People's Choice Warranty,
904-610-1398, vdantoni@pmialliancegroup.com; Drive Investment Partners Contact:
Maxime Theorêt, Chief Executive Officer, Drive Investment Partners,
514-823-5570, maxime@drive-ip.com
COMTEX_469321493/2197/2025-10-06T13:45:00
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