Auto Reinsurance

In a facultative insurance the reinsurer chooses a specific risk or a specific policy.

Auto reinsurance. Automobile dealer reinsurance is a specialized financial product that helps auto dealers fulfill their warranty obligations for vehicle service and powertrain contracts gap insurance tire and wheel protection and several other finance insurance f i products. Facultative reinsurance occurs whenever the reinsurance company insists on performing its own underwriting for some or all the policies to be reinsured. Auto reinsurance handing the investment keys to auto dealers automotive dealers know that financing insurance f i is one of their most important revenue streams driven in particular by the sales of extended service contracts and warranties. Ownership of a reinsurance company is a way to keep a greater share of the profits that vehicle service contract business produces.

With a reinsurance company a large portion of the premium is placed into your reinsurance company. Facultative reinsurance and treaty. Reinsurance company management built on experience and a passion for automotive and insurance our in house team has the knowledge and skills to design and set up reinsurance companies to best serve customers with affordable and reliable coverage that grows your bottom line. The dealer cost of a service contract without a reinsurance company is an expense to the dealer.

Whatever your reinsurance challenge we have the right resources to help you achieve your goals. The idea is that no insurance company has too much exposure to a particular large event disaster. Reinsurance arrangements generally fall into two categories. The national automobile dealers association says that at the average dealership service and parts account for 44 percent of the gross profits.

Whether you re looking for a long term investment strategy or need cash flow now assurant resource automotive has the income development expertise and wealth building structures you re looking for. Dealer reinsurance opens up new avenues for stronger gross profits. F i reinsurance participation that amplifies returns. Which dealer reinsurance model is right for you.

In a treaty the reinsurance takes more than a specific risk or a specific policy and might even take on all risks of a sizeable number of a ceding company s policyholders. Reinsurance is a way a company lowers its risk or exposure to an untoward event. We offer a full range of solutions for all your auto motor exposures and coverages and direct access to the best reinsurance team in the industry.