Headquartered in Albuquerque, NM, Century Administration Company is a privately held corporation by Southwest Dealer Services. Century Administration Company lends it expertise to dealer clients of Southwest Dealer Services by providing administration of Vehicle Service Contract, Gap, Credit Insurance, and various Aftermarket products. Century Administration is a central processing center for the various products as well as maintains and manages the dealers’ reinsurance companies, which includes filing corporate licenses and renewals, annual filings, and tax returns.
What We Do
Century Administration concentrates its efforts on contract administration and reinsurance company management for clients of Southwest Dealer Services.
Services Provided Include
Administration and Claims Adjudication
We offer complete policy administration, claims adjudication and underwriting for a myriad of casualty insurance products. Century Administration Company employees over 100 years combined experience in contract and reinsurance company administration. Century Administration handles all tax structures, including “Small Life”, “Small Casualty” and “Non-Controlled Foreign Company (NCFC)” and currently manages over 100 Producer-Owned Reinsurance Companies. This knowledge proves we have the necessary experience and expertise to handle all of your programs’ administration needs.
Century Administration has full time adjusters concentrating solely on the Southwest Dealer Services/Century Automotive book of business. You can be confident knowing that consumers’ calls will be answered and that their claims will be handled in a friendly, professional manner. The culture of Century Administration stems from knowing that our clients come first and that means providing top-notch customer service to you and your customers. We recognize that our services reflect on you and your dealership. We have made it our goal to utilize technology intuitive to customer call needs, including monitoring and recording calls and maintaining current and up-to-date Technical Service Bulletins (TSB)s. This enables us to assist consumers to the greatest degree while maintaining the profitability of your company.
Century Automotive Service Corp and Dealers Assurance Company: Insurance Structure
Your program will be backed by Dealers Assurance Company (DAC), an insurance carrier that you can feel confident and secure with. DAC is rated A- (Excellent) by A.M. Best & Company, is a property and casualty insurer based in Columbus, Ohio, and licensed in 48 states. Organized in 1935, DAC has insured both proprietary and private label automobile service contract programs for more than twenty years.