Generali offers warranty coverage in US

Italian insurer Generali Group’s U.S. business has launched a specialty division to focus on warranty coverages for retailers, dealers and others, the insurer said in a statement Wednesday.

The division of New York-based Generali US Branch will offer warranty services for consumer products, including motor vehicles, watercraft, travel trailers, new homes, home systems, major appliances, televisions, consumer electronics and computers, among other things, the statement said.

Coverage will be available through structures including obligor programs, administrator obligor programs, direct insurer programs, and dealer obligor programs, the statement said.

An obligor, also known as a debtor, is a person or entity who is legally or contractually obliged to provide a benefit or payment to another.