EFG Expands C-Suite to Lead Technological Innovation to Support Industry Growth

Dallas –(Business Wire)–EFG Corporation today announced the expansion of the company’s C-Suite leadership, with Joe Vide as Chief Information Officer, reflecting the company’s commitment to supporting the rapidly growing consumer protection products industry. Vide will set a vision for EFG’s technical capabilities to achieve strategic business goals, increase efficiency and enhance customer satisfaction. For more information, visit https://bit.ly/2N2SfM0.

EFG has long recognized the value of providing customers and contract holders with seamless technology integration. This investment and commitment has led to the development of the company’s award-winning platforms across the country, such as EFG’s Client Portal, drive.

“While our customers are going through significant changes in the digital landscape, we have a responsibility to stay at least two steps ahead,” said John Pappanastos, CEO of EFG Companies. “Digital retailing for our customers and EFG will only be part of our company and our services. In addition, our successful and continued diversification efforts will depend on our ability to deploy valuable consumer protection products into new areas, while also improving cost efficiencies.”

With more than 35 years of executive leadership experience, Vide will lead EFG’s technological expansion to support the company’s commitment to providing the market with more opportunities to provide a diverse range of consumer protection products. Vide has a proven track record of serving as a strategic visionary, leading sustainable, high-performance and multinational technology teams, serving organizations such as AT&T, T-Mobile, EDS, Hypercom, and Hewlett-Packard.

Over the past few years, EFG has invested significant time and resources in strengthening the company’s technology infrastructure and developing its cybersecurity protocols to protect customers and contract holders. Currently, EFG is certified in compliance with Service Organization Control 2 (SOC 2) and Payment Card Industry Data Security Standard (PCI DSS). EFG is also certified to the New York Code rules and regulations regarding data security.

About EFG Corporation

For more than 45 years, EFG has provided consumer protection programs for vehicles and homes through seven market channels. The company’s strategic intent is to build sustainable market differentiation and profitability for its customers and partners, including dealers, lenders, manufacturers, independent marketers and agents. EFG’s award-winning engagement model is built on the belief that the company is an extension of its account management team, with an ASE certified claims team providing ongoing F&I development, training, product development, compliance and nationally recognized product management. To learn more about EFG, please visit: www.efgcompanies.com

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