Nationally Award-Winning DRIVE Technology from EFG Companies Celebrates Five Years, 3.5 Million Transactions

DALLAS–(BUSINESS WIRE)–lt;a href=”” target=”_blank”gt;#Driveportallt;/agt;–EFG Companies today announced the fifth anniversary of the company’s
award-winning DRIVE portal, bringing security, savings and
simplification to hundreds of retail automotive dealers. Since its
inception, DRIVE has enabled EFG to efficiently process close to
3.5 million transactions, and clients have remitted more than $170
million online, realizing improved efficiencies and transparency. Proof
of leadership is reflected in DRIVE’s two Stevie
Awards for Sales and Customer Service, including a Gold award in 2019,
competing against global Fortune 500 companies including IBM,, and Dell Technologies. For more information, visit:

EFG’s DRIVE portal provides clients access to:

  • Online billing
  • Cancel quotes
  • Contract disputes
  • Contract status verification
  • Claim payment status
  • EFG Express Claims
  • Compass eContracting
  • Reinsurance reporting

With more than one million in-force contracts from clients across the
U.S., EFG invests approximately a quarter of a million dollars annually
on data security enhancements. The company currently holds the SSAE-16
certification from the American Institute of Certified Public
Accountants (AICPA), and is in the process of obtaining SSAE-18
certification. These certifications demonstrate that EFG has the
necessary processes in place to ensure the security of personal and
confidential information of both its clients and contract holders.

“Providing clients with a simple solution to manage their business with
ease, analysis, detail and efficiency further enhances our client
service model,” said John Pappanastos, President and CEO, EFG Companies.
“As we continue to implement new solutions, we are confident that the
mechanization and flexibility of DRIVE will ensure that
our systems will support our efforts to grow our clients’ business and
meet their future challenges.”

About EFG Companies

EFG Companies drives the industry’s highest-reported compliant F&I
profitability through its distinct engagement model in which the company
operates as an extension of the dealer’s management team. EFG addresses
total dealership performance, and its client satisfaction Net Promoter
score is higher than national corporate leaders such as Southwest
Airlines, USAA Banking and Finance, and Nordstrom. Learn more about EFG


Marcia Barnett, 214-868-8861
[email protected]

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