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Ozop Capital Partners, Inc. Enters Agreement with Empire Auto Protect

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Ozop Energy Solutions, Inc
Ozop Energy Solutions, Inc

Empire Auto Protect to White Label the Fully Charged VSC as EMPIRE PLUS

Warwick, NY, Oct. 28, 2024 (GLOBE NEWSWIRE) -- OZOP Capital Partners, Inc., a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC or the “Company”), announces the execution of a White Label Agreement with Empire Auto Protect, a leading provider of comprehensive protection and aftermarket products to the automotive industry.

Under the agreement, Empire will white label the Royal Administration’s Fully Charged Vehicle Service Contract, incorporating their own branding as Empire Plus. OZOP Plus will be providing battery protection and will be ceded the battery portion of all premiums sold through Empire. Empire's version of the Fully Charged VSC will offer the same enhanced features and benefits of the Fully Charged VSC to their extensive customer base through their well-established marketing programs.

The benefits of this white-label agreement are that Empire can immediately go to market with their branded version of the Fully Charged VSC and will also use Royal Administration as the Third-Party Administrator (the “TPA”) for any claims. Royal provides their TPA services for processing claims through their claims center. This seamless integration of services ensures that consumers and dealerships will experience a smooth and efficient claims process, further enhancing their overall experience.

Brian Conway, CEO of Ozop Plus stated, “This agreement opens new revenue opportunities for OZOP Plus, from Empire’s comprehensive national marketing network which sees a monthly average of 5,000 + vehicle service policies written nationwide. This expansion allows the Fully Charged VSC to be accessible to new and current EV owners in addition to our total of 7,000+ dealerships, consolidating the strengths of both Royal Administration, Ozop Plus, and Empire within the automotive industry.”

Empire Auto Protect, a trusted name in the automotive market, boasts a remarkable 17-year track record of offering a wide variety of top-rated vehicle service protection plans. As they launch a new Electric Vehicle product, the company is equally enthusiastic about integrating the Fully Charged VSC into their existing portfolio. This move aims to fortify their position in the market and provide their customers with a comprehensive suite of offerings to protect and enhance their electric vehicles.

Robin and Michael Isaac Kassin, CEO & CFO of Empire Auto Protect talked about the partnership with Ozop Plus: “With this collaboration, we’re leveraging Empire Auto Protect’s cutting-edge digital technology to meet the evolving needs of today’s drivers. We’re excited to lead the warranty sector into a new era of efficiency and accessibility. Through our partnership with OZOP Plus, we will become the leading provider for EV and hybrid vehicles for all automotive warranty needs. This partnership will give customers access to a large network of fully charged Vehicle Service Contracts, offering the best warranty options tailored to each consumer, giving all drivers the peace of mind they deserve.”