Wise F&I Hires Matt Sondag as Actuary

St. Louis, MO (PRWEB) November 01, 2017

Wise F&I is pleased to announce the hiring of Matt Sondag to serve in the role of Actuary, Director of Contractual Risk Management. Within a broad scope of program performance analysis and reporting, Sondag will be responsible for the development and ongoing management of Wise F&I's loss experience analysis and risk reserve pricing methodologies across all product lines.

Sondag has over 20 years' experience in the insurance industry working in roles responsible for projecting loss costs, forecasting claim payments, and delivering documentation of business results to risk partners. He is a credentialed Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.

Sondag helps to round out the Wise F&I management committee and is part of their continued growth. "Adding Sondag to the team elevates our business and the level of information we can offer to our clients. His expertise and experience as an actuary are crucial to our business decisions and future growth," said Matt Croak, president of Wise F&I.

About Wise F&I
Wise F&I has a long history of success in the automotive finance and insurance space, initially specializing in Guaranteed Asset Protection (GAP) then expanding over the years to now include a full array of F&I products including: Appearance Care Service Contracts, Vehicle Service Contracts, Diminished Value Protection, Tire and Wheel Protection, Theft Deterrent Systems, Key Replacement and other voluntary protection products. Wise F&I branded products are marketed through independent agents to automotive dealers. Additionally, Wise F&I supports private label programs and strategic partnerships with automotive lenders and finance companies on both a national and regional basis. All products are fully compliant and underwritten by an A- rated (or better) insurance carrier.

With over 25 years in the industry, Wise F&I's experience allows the delivery of complete contract origination solutions supported by efficient and accurate claims and cancellation processing. With a focus on building partnerships, and a priority on customer service, Wise F&I is the F&I provider of choice.

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