Fast-growing F&I service provider and administrator well-positioned for increased presence

September 2, 2020 (RINGWOOD, NJ) — Dealer Owned Warranty Company (DOWC), a leading provider and administrator of F&I products and services, is proud to announce the appointment of industry veteran Gene Silas as Director of Sales.

Mr. Silas brings a wealth of experience and dealer relationships to his new role at DOWC. Following his service as a Marine, Silas entered the automotive space working his way through all positions in a dealership, eventually becoming the General Manager in several stores. Recognized for his talent, he was recruited as an F&I Specialist by one of the largest independent providers of F&I products in the industry. Over the next two decades, Silas excelled through the ranks from that initial role to District Manager and finally to Regional Manager. He was instrumental in establishing that organization’s Associate Development Program.

Following on that legacy of success, Silas was invited to join one of the largest automakers in the U.S. as an Area Manager, a role in which he successfully helped build the company’s service contract and ancillary business. Roles with a major parts, service, and customer care organization and as a dealership sales consultant followed. Joining DOWC in early 2020 was a natural progression for Silas. “I am blessed to have been first a Zone Manager and now Director of Sales with the most transparent dealer-centric F&I company in the industry,” Silas states with pride.

“We are excited to have such an experienced professional, and good friend, in this position,” stated Michael LaMotta, founder of DOWC. “Every interaction with Gene is a positive learning experience. He knows the industry inside and out, and his passion for the business is unmatched.”

As Director of Sales, Silas brings his deep knowledge of the industry and natural facility for mentorship to focus on development and training of the sales team. A well-timed appointment, Silas joins the organization as its exponential growth positions it for increased presence as a disruptor in the F&I industry.

Founded by LaMotta, DOWC is a family-owned company that combines more than 30 years of automotive industry experience with cutting-edge digital process automation. DOWC delivers a full suite of F&I purchase and protection products and solutions to dealers and their customers, with a dedicated mission to promote the sale of wealth-building products that increase the dealer’s revenue.

“With Gene at the helm of our Direct and Agent teams,” says LaMotta, “our dealers will receive the immediate benefit of service that is attentive, informed, and supercharged in their representation of the absolute best products and revolutionary wealth-building structures for automotive dealers of all sizes.”

About DOWC

DOWC® is among the fastest-growing service contract providers and administrators in the United States. DOWC offers customizable F&I products, expertise in compliance, and a full suite of technology designed to optimize productivity and expedite claims adjustments, processing, and reporting. For more information about DOWC, visit, call 201-777-1000, or email