MINNEAPOLIS — Wolters Kluwer Financial Services announced that Solex, a provider of technology to help the RV and marine industries streamline the finance and insurance (F&I) process, will offer its Red Flags Tool Kit to RV and marine dealerships across the U.S.

Wolters Kluwer Financial Services’ Red Flags Tool Kit for Dealerships helps dealers understand what they need to comply with the Red Flags Rules, which require them to have an identity theft prevention program in place by May 1, 2009. The Tool Kit provides all of the resources to help dealers implement a program, including checklists, printable forms and templates that help record and report Red Flags according to the Federal Trade Commission (FTC) requirements.

“Understanding Red Flags requirements and ensuring their organization is compliant is a very time-consuming process for dealerships,” said Steve Butler, president and CEO at Solex. “Wolters Kluwer Financial Services’ Red Flags Tool Kit makes preparing for the May 1 deadline much easier by providing an overview of the rules and how they apply to a dealer’s business.”

“Lenders won’t be able to conduct business with dealerships that do not meet the new requirements — it’s that simple,” said Kevin Kopp, senior director and general manager of Indirect Lending at Wolters Kluwer Financial Services. “The Red Flags Tool Kit shows dealers the steps they can take to build a successful identity theft prevention program, which allows them to maintain strong relationships with the lenders that fund their customers’ loans.”