GMAC Insurance Background
GMAC Insurance is part of General Motors Acceptance Corporation. GMAC Insurance is a one of the most successful financial service organizations committed in providing excellent knowledge and expertise in order to help individuals make successful financial choices. GMAC Insurance customers include consumers, along with auto dealerships and other types of businesses. GMAC Insurance is headquartered in Southfield, Michigan and St Louis, Missouri. There are more than 100 offices of GMAC located in different locations of the United States and Canada and other parts in the world employing more than 3,800 employees around the world.
The history of GMAC Insurance dates back to 1919, when the company was established as an arm of General Motors. In later years, many changes took place due to growth and expansion into new products and markets to meet customer demand and needs. GMAC insurance became the first one to sell vehicle service contracts, in order to protect its customers against sudden and unexpected repairs and breakdowns. GMAC Insurance is one of the largest underwriters in the world providing insurance and financial coverage and services to a diversified range of customers. GMAC Insurance Online is a subsidiary of GMAC and holds certificates of holdings in all 50 states. The goals of GMAC Insurance is to provide a broad range of insurance and insurance related products to a broad range of customers in U.S. and around the world at competitive prices.
General Motors Acceptance Corporation is a financial service company that is a part of General Motors. GMAC Insurance offers many insurance financial programs and services that include automotive and mortgage financing, and other related insurance services. ResCap Holding is an umbrella company for residential mortgages. ResCap Holding is the parent for GMAC Mortgage, GMAC-RFC, GMAC Bank, Ditech.com, and Homecomings Financial. The Better Homes and Gardens Real Estate purchase a real estate service subsidiary.
GMAC Management Team
Eric A. Feldstein Chairman, GMAC (General Motors Acceptance Corporation)
William F. Muir President, GMAC (General Motors Acceptance Corporation)
Mark F. Bole, Executive Vice President, GMAC International Operations