Dealer representing Ozop Plus Vehicle Service Contracts for Electric Vehicles
Warwick, NY, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. Inc. (OZSC or the “Company”), is pleased to announce that it has signed its first auto dealership to sell Vehicle Service Contracts (“VSC’s”) for Electric Vehicles (“EV”). Sansone Jr’s Windsor Nissan is now an active dealership with GS Administrators, Inc., a member of Houston-based GSFSGroup. Under the Marketing and Claims Services Agreement, Sansone Nissan can sell EV VSC’s through their Finance and Insurance (“F&I”) department. Pursuant to the Company’s agreement with GSFSGroup, the Company can receive an Agent fee of up to $500, from which it will need to compensate any sub-agents associated with the sale of any EV VSC. Additionally, GSFSGroup will cede the premium for the entire VSC for any VSC’s marketed by Ozop Plus. Such premium will be recognized as earned premium over the term or life of each contract.
Marcy Maguire the CEO of Sansone Jr’s Windsor Nissan stated “I am very pleased to be the first Ozop Plus dealer signup with GSFSGroup. I am anxiously waiting for the arrival of the Nissan Ariya EV and extremely excited that my dealership will be able to have this product available for my customers. As a dealer it gives me added confidence that my customer can leave our dealership with the peace of mind this EV VSC provides.”
Brian Conway, the Company’s CEO stated “We are extremely happy to welcome Sansone Jr’s Windsor Nissan to the Ozop Plus family and are grateful for their patience being the pilot dealership for our team to onboard. This marks the first of what we hope to be thousands of dealerships over the next few years.
The Ozop Plus team is committed to making Ozop Plus the premier provider for EV insurance products."
About Ozop Energy Solutions.
Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.
About Ozop Energy Systems, Inc.
Ozop Energy Systems is a manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.
About Ozop Engineering and Design
Ozop Engineering and Design engineers energy efficient, easy to install and use, digital lighting controls solutions for commercial buildings, campuses, and sports complexes throughout North America. Products include relays panels, controllers, occupancy/vacancy sensors, daylight sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group for product questions and onsite system commissioning. Our mission is to be recognized for our deep understanding of power management systems and ability to provide the right solution for each facility.
www.ozopengineering.com
About Ozop Capital Partners
Ozop Capital Partners, Inc. is a majority owned subsidiary of the Company, and wholly owns EV Insurance Company, Inc. (“EVIC”). EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures.
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Investor Relations Contact – Ozop
The Waypoint Refinery, LLC
845-397-2956
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