As a joint initiative between MarineLab and the Marine Retailers Association of the Americas, MarineLab Warranty Processing was recently launched to meet the growing needs of marine retailers that are looking for a more profitable way to process warranty reimbursements from manufacturers.
This service, which is offered exclusively to MRAA members, allows retailers to maintain a fixed cost for warranty processing rather than rely on an in-house staff, which adds to the retailers’ overhead and expenses. Dealers will be able to address requests or concerns through MarineLab’s staff, as well as submit, track and review all claims.
The company was named a Premier Partner by the MRAA, which has endorsed MarineLab as the organization’s exclusive warranty processing service provider.
Leonard A. Bellavia, general counsel to the MRAA and president of MarineLab, has brought this service to the marine industry through a unique partnership with the MRAA. Bellavia is also one of the nation’s leading lawyers in the automobile industry.
“Outside warranty processing service companies have long been the mainstay of the auto industry,” Bellavia said in the statement. “MarineLab’s fees are much less than the cost of employing in-house warranty processors. You only pay the fee after the warranty revenue is collected. This service is designed to dramatically increase net revenues for marine retailers, even after the fee is paid.”