It was seen as a way to offer damage coverage to GM vehicles sold by dealers and financed by GMAC (now Ally Financial).

[4] In 1969, Integon Corp. started a holding company and began insuring high-risk drivers.

[5][6] Integon underwent a number of changes in ownership and business emphases and struggled during the mid-1990s[citation needed], which included the 1994 purchase of Bankers and Shippers Insurance Company, headquartered in Burlington, North Carolina.

[7] In June 1997, GMAC announced they were acquiring Integon in a deal valued at $550 million.

[10] In 2006, General Motors sold 51% of GMAC (now Ally Financial) to an affiliate of Cerberus Capital Management; at the time, 1,179 worked in Winston-Salem.