ANV Enters Into Agreement to Acquire Car Care Plan, a Market-Leading Warranty MGA

Acquisition establishes ANV as a scaled player in the global vehicle warranty market, complementing the group’s existing Credit & Protection platform

NEW YORK--(BUSINESS WIRE)--ANV Group Holdings Ltd. (“ANV” or “the Company”), a global insurance intermediary platform, today announced that it has entered into a definitive agreement to acquire Car Care Plan (“CCP”), the #1 provider of motor warranty in the United Kingdom and a market-leading warranty managing general agent (MGA), from AmTrust Financial Services, Inc. (“AmTrust”). The transaction is expected to close around the end of September 2026.

Founded in 1976, CCP provides vehicle warranties, asset protection products, and after-sales support and administration, serving more than 30 OEMs, 2,500+ dealers, and customers across approximately 100 countries. Over nearly five decades, CCP has built a differentiated platform spanning product design, underwriting, claims handling, administration, and customer support, underpinned by decades-long OEM relationships and a globally recognized brand.

The transaction includes Dent Wizard Ventures (“DWV”) in the United Kingdom, a market-leading mobile bodywork, paint, and alloy wheel refurbishment and repair company, as well as all overseas subsidiaries of CCP, including those in the United States, Europe, Turkey, and China. Together, these businesses establish ANV as a scaled player in the warranty market, complementing ANV’s existing Credit & Protection platform.

“Car Care Plan is a best-in-class franchise with deep and long-standing OEM and dealer relationships, and differentiated underwriting, claims, and administration capabilities that are difficult to replicate,” said Adam Karkowsky, Chairman and Chief Executive Officer of ANV. “This acquisition is fully aligned with ANV’s strategy of partnering with MGAs in attractive markets, and it establishes a scaled platform in the warranty vertical. We’re excited to work with Ben Russell and the team to support the company’s next phase of growth.”

CCP CEO Ben Russell and the current leadership team will remain in place, preserving the culture, service standards, product offering, and underwriting approach that have defined CCP for 50 years. CCP will continue to operate under its existing brand, with the same points of contact for OEMs, dealers, and customers. AmTrust will remain CCP’s long-term underwriting partner, continuing to underwrite the existing books of business under a long-term capacity agreement, ensuring a seamless transition for clients and partners.

"This marks an exciting new chapter for Car Care Plan,” said Ben Russell, Chief Executive Officer of Car Care Plan. “ANV’s long-term investment approach, capital strength, and global platform are ideally suited to accelerate our growth while preserving the brand, service, and relationships our clients know today. We are confident this is the right home for our business, our people, and our customers.”

ENDS

About ANV Group Holdings Ltd.

ANV Group Holdings Ltd. (“ANV”) is an independent, global insurance intermediary platform operating across the United States, the United Kingdom, and Europe. The company brings together a portfolio of established specialist MGAs, providing a diversified range of insurance products. For more information about ANV, visit https://www.anvinsurance.com.

About Car Care Plan

in 1976 and headquartered in the United Kingdom, Car Care Plan is a global, market-leading warranty MGA providing vehicle warranties, asset protection products, and after-sales support to OEMs, dealers, and consumers. The #1 provider of motor warranty in the U.K., CCP serves more than 30 OEMs and 2,500+ dealers, with customers across approximately 100 countries and offices in the United Kingdom, United States, Europe, Turkey, and China. For more information, visit https://carcareplan.com.