Century Automotive Service Corporation (Century Administration Company, Inc.)
Century Automotive Service Corporation is a MAPFRE-owned U.S. administrator and reinsurance manager that distributes vehicle service contracts, GAP coverage, and ancillary protection products through more than 1,100 automobile, motorcycle, and powersports dealerships nationwide.
- Company typePrivate
- Founded2006
- HeadquartersAlbuquerque, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Century Automotive Service Corporation (Century Administration Company, Inc.) does
Century Automotive Service Corporation is a U.S.-based specialty administrator and reinsurance manager focused on vehicle service contracts (VSCs) and ancillary automotive protection products. Founded in 2006 and headquartered in Albuquerque, New Mexico, the company operates as a wholly-owned subsidiary of MAPFRE Group, the Spain-headquartered global insurance and reinsurance conglomerate. Century distributes its products exclusively through a B2B channel of more than 1,100 automobile, motorcycle, and powersports dealerships, sold via the dealers' Finance & Insurance (F&I) departments. The company's end customers are individual new and used vehicle owners seeking mechanical breakdown coverage, loan-balance protection, and ancillary protection against road hazards, theft, and cosmetic damage.
The product portfolio is structured in three layers: core VSCs and Limited Warranties that cover mechanical failures beyond factory warranty; loan-related protection through Guaranteed Asset Protection (GAP) covering up to $50,000 in shortfall; and ancillary bundles such as Century Guard, Guard Plus, Tire & Wheel, Smart Key, Appearance Protection, and prepaid Maintenance Plans. Distribution and product design are supported by a web-based dealer portal with 24/7 e-rating, cancellation, and remittance capabilities, integrated with major dealer management systems (DealerTrack, F&I Express, Menu Vantage, Maxim Trak) and claims platforms (All Data, Mitchell, Motor Service Guide). The company also offers a Certified Pre-Owned platform with custom-branded programs and a Monroney sticker generator, plus dedicated Motorcycle and Powersports programs for recreational vehicles.
Century's revenue model relies on premiums and fees collected at point-of-sale through dealer F&I channels, with pricing quote-based and customizable per dealer. The company does not directly underwrite risk; instead, it manages hundreds of reinsurance companies affiliated with its dealer network, leveraging MAPFRE's A.M. Best "A" (Excellent) financial strength rating and global reinsurance authority. The stated Century-specific headcount is small (1-10), reflecting its role as a focused administrator within MAPFRE USA's broader ~3,000-employee U.S. operation. Pricing is not publicly disclosed, and no revenue figures are reported.
Century Automotive Service Corporation (Century Administration Company, Inc.) firmographics
Firmographics- Name
- Century Automotive Service Corporation (Century Administration Company, Inc.)
- Legal name
- Century Automotive Service Corporation
- Website
- https://centuryservicecorp.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Century Automotive Service Corporation is a MAPFRE-owned U.S. administrator and reinsurance manager that distributes vehicle service contracts, GAP coverage, and ancillary protection products through more than 1,100 automobile, motorcycle, and powersports dealerships nationwide.
- Ownership category
- akta.pro rank
Century Automotive Service Corporation (Century Administration Company, Inc.) industry classification
Industry- Product category
- Vehicle Service Contracts and Extended Auto Warranties
- akta.pro primary industry
- Dealer-Sold & F&I Administered Service Contracts (Dealer Obligors) (FSAJALAD)
- akta.pro secondary industries
- Auto Ancillary Warranties (Tire & Wheel, Paintless Dent, Key/Remote, Windshield) (FSAJALAB), Vehicle Protection & Add-on Product Financing (Warranties, GAP, Service Plans) (FSAKADAL)
Keywords
Where Century Automotive Service Corporation (Century Administration Company, Inc.) is headquartered
LocationHeadquarters
- HQ city
- Albuquerque
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Century Automotive Service Corporation (Century Administration Company, Inc.) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Vehicle Service Contracts (VSC): Mechanical protection covering repairs and parts replacement beyond factory warranty terms for new and used vehicles. Revenue generated through premiums paid by vehicle owners at time of vehicle purchase.
- Guaranteed Asset Protection (GAP): Coverage that bridges the gap between insurance payout and remaining loan balance when vehicle is stolen or totaled. Protects vehicles valued up to $100,000 with coverage up to $50,000.
- Limited Warranties: Short-term limited warranty products available in 3-month/3,000-mile, 6-month/6,000-mile, or custom term lengths.
- Ancillary Products: Bundled road hazard packages including tire & wheel coverage, windshield repair, roadside assistance, paintless dent repair, key replacement, and appearance protection.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time/ perpetual license | Custom Vehicle Service Agreement Plans |
| Unit Pricing | One time/ perpetual license | Limited Warranty Options |
| Other | One time/ perpetual license | GAP Coverage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Century Automotive Service Corporation (Century Administration Company, Inc.) product offering
Product offeringCore offering
Century Automotive Service Corporation is a U.S. reinsurance specialist and F&I administrator that designs, underwrites, and administers vehicle service contracts and ancillary automotive protection products for sale through dealer networks. Its portfolio spans mechanical breakdown coverage (VSA, limited warranties), financial protection (GAP), bundled road-hazard packages (tire & wheel, windshield, roadside, dent repair, key replacement), appearance and maintenance plans, plus motorcycle and powersports programs and customizable dealer-branded certified pre-owned programs.
Product overview
Century Automotive Service Corporation offers a comprehensive suite of vehicle service contracts and ancillary automotive protection products under the MAPFRE Group umbrella. The core portfolio centers on Vehicle Service Agreements (VSC) providing mechanical protection beyond factory warranty, complemented by Limited Warranties in various term lengths and GAP coverage for loan balance protection. The product line includes bundled protection packages (Century Guard and Century Guard Plus) combining tire/wheel, windshield, roadside assistance, and paintless dent repair. Additional offerings include Smart Key replacement, Appearance Protection, and Maintenance Plans. The company also serves specialty vehicle markets through dedicated Powersports and Motorcycle Programs, and provides a Certified Pre-Owned (CPO) platform for dealers with DMS integration and administrative tools. All products are distributed through a network of over 1,100 dealerships and designed for customization by dealer partners.
Differentiator
Problem solved
Functional benefit
Brands
- Century Service: Vehicle Service Agreement plans offering mechanical protection and peace of mind.
- Century Tire & Wheel
- Century Guard Plus
- Century Guard
- Century GAP
- Century Appearance
- Century Limited Warranty
- Century Maintenance
- Smart Key
- Century Dealer Branded Certified Programs
- Century Motorcycle
- Century Powersports
Products and services
- Vehicle Service Agreements (VSA)
- Limited Warranties
- GAP (Guaranteed Asset Protection) Program
- Century Guard
- Century Guard Plus
- Tire & Wheel Coverage
- Smart Key
- Appearance Protection
- Maintenance Plans
- Certified Pre-Owned (CPO) Programs
- Powersports Program
- Motorcycle Program
Quantifiable outcome
- Over 1,100 dealerships served nationwide
- +2 more outcomes
Companies that use Century Automotive Service Corporation (Century Administration Company, Inc.)
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Century Automotive Service Corporation (Century Administration Company, Inc.) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature4 records
Century Automotive Service Corporation (Century Administration Company, Inc.) partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MAPFRE GroupcoreCentury Automotive Service Corporation is a MAPFRE company. MAPFRE is a multinational insurance and reinsurance group operating in 46 countries with over 35,000 employees. The partnership provides Century with global reinsurance authority, financial strength backed by A.M. Best "A" (Excellent) rating, and access to MAPFRE's infrastructure of nearly 3,000 U.S. employees.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Century Automotive Service Corporation (Century Administration Company, Inc.) competitors and assessment
Company assessmentBroad incumbents
- Allstate Dealer Services: Allstate's dealer-channel arm offering extended service contracts, GAP, and ancillary F&I products through a national dealer network. Comparable product set but operated as part of Allstate's broader insurance portfolio.
- Zurich North America (Dealer Services / FCA warranties): Provides dealer-sold extended service contracts and F&I products including coverage for FCA/Stellantis dealers. Comparable dealer-channel VSC product, part of a large multi-line global insurance parent.
- Assurant (American Financial & Automotive Services): Major administrator of vehicle service contracts, F&I products, and connected vehicle solutions sold through dealer networks. Comparable in core VSC admin but broader, multi-line financial services parent.
Emerging players
- CarShield: Direct-to-consumer vehicle service contract provider bypassing the dealer channel via TV/internet marketing. Competes for the same end customer but with a fundamentally different GTM motion — partial product overlap.
- Endurance Warranty Services: Direct-to-consumer extended auto warranty provider competing on similar mechanical breakdown coverage. Comparable product, very different (D2C) distribution.
Direct peers
- CNA National Warranty Corporation: Specialized administrator of vehicle service contracts and dealer-administered extended warranties distributed through franchised and independent auto dealers. Comparable in dealer-channel focus and core VSC mechanics.
- The Warranty Group (TWG / AIG): Global administrator of vehicle service contracts, extended warranties, and ancillary F&I products for auto dealers. Highly comparable in product portfolio, dealer distribution, and reinsurance administration.
- Protective Asset Protection (Protective Life): Provider of F&I products including vehicle service contracts, GAP, and ancillary coverages distributed through auto dealers. Highly comparable in product mix and dealer-channel distribution.
- Easycare (Easycare Holdings): Direct competitor offering dealer-sold vehicle service contracts, GAP, and ancillary F&I products distributed through franchised auto dealers nationwide. Closely comparable in product portfolio, dealer-channel GTM, and F&I administration model.
Others
- Ford Premium Care / Ford Extended Service Plan: OEM-branded extended service contract sold through Ford/Dealer F&I. Comparable product economically but represents captive OEM competition to third-party administrators like Century within the franchised dealer channel.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Century Automotive Service Corporation (Century Administration Company, Inc.) social profiles
Digital presenceCentury Automotive Service Corporation (Century Administration Company, Inc.) compliance and trust
Trust signalCompliance1 record
Century Automotive Service Corporation (Century Administration Company, Inc.) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Century Automotive Service Corporation (Century Administration Company, Inc.) leadership team
Management profileNumber of profiles
Century Automotive Service Corporation (Century Administration Company, Inc.) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Century Automotive Service Corporation (Century Administration Company, Inc.) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Century Automotive Service Corporation (Century Administration Company, Inc.)
What does Century Automotive Service Corporation (Century Administration Company, Inc.) do?
Century Automotive Service Corporation is a U.S. reinsurance specialist and F&I administrator that designs, underwrites, and administers vehicle service contracts and ancillary automotive protection products for sale through dealer networks. Its portfolio spans mechanical breakdown coverage (VSA, limited warranties), financial protection (GAP), bundled road-hazard packages (tire & wheel, windshield, roadside, dent repair, key replacement), appearance and maintenance plans, plus motorcycle and powersports programs and customizable dealer-branded certified pre-owned programs.
Is Century Automotive Service Corporation (Century Administration Company, Inc.) a public or private company?
Century Automotive Service Corporation (Century Administration Company, Inc.) is a private company. It is classified as corporate owned and is currently operating.
When was Century Automotive Service Corporation (Century Administration Company, Inc.) founded?
Century Automotive Service Corporation (Century Administration Company, Inc.) was founded in 2006. It employs 1 to 10 people.
Where is Century Automotive Service Corporation (Century Administration Company, Inc.) based?
Century Automotive Service Corporation (Century Administration Company, Inc.) is headquartered in Albuquerque, United States, in the North America region.
How does Century Automotive Service Corporation (Century Administration Company, Inc.) make money?
Four revenue lines are on record. Vehicle Service Contracts (VSC) is the primary driver. The others are guaranteed Asset Protection (GAP), limited Warranties and ancillary Products.
Who are Century Automotive Service Corporation (Century Administration Company, Inc.)'s main competitors?
Broad incumbents on record are Allstate Dealer Services, Zurich North America (Dealer Services / FCA warranties) and Assurant (American Financial & Automotive Services). Emerging players are CarShield and Endurance Warranty Services. Direct peers are CNA National Warranty Corporation, The Warranty Group (TWG / AIG), Protective Asset Protection (Protective Life) and Easycare (Easycare Holdings). Ford Premium Care / Ford Extended Service Plan is listed as an others.
Does Century Automotive Service Corporation (Century Administration Company, Inc.) have an API?
No public API is recorded for Century Automotive Service Corporation (Century Administration Company, Inc.).
What industry is Century Automotive Service Corporation (Century Administration Company, Inc.) in?
Century Automotive Service Corporation (Century Administration Company, Inc.)'s product category is Vehicle Service Contracts and Extended Auto Warranties. Its primary akta.pro industry code is FSAJALAD, Dealer-Sold & F&I Administered Service Contracts (Dealer Obligors), with a secondary code of FSAJALAB, Auto Ancillary Warranties (Tire & Wheel, Paintless Dent, Key/Remote, Windshield).