The best way to maximizing a dealer’s personal wealth outside of directly increasing F&I profitability is owning a properly structured Reinsurance company. You can increase your personal wealth immediately by optimizing your reinsurance company’s structure. With your own reinsurance company you own an asset outside the dealership and outside of factory control. Over 30 years ago, when we experienced the potential of dealerships owning their own Reinsurance companies, we partnered with Portfolio, America’s premier Reinsurance provider and first choice for delivering 100% ownership of the profits to you, the dealer. An RMG/Portfolio Reinsurance company gives you the control and flexibility to maximize income today and for the future.

The RMG/Portfolio partnership is unbeatable. Our joint capabilities allow us to provide you with the industry’s best outside legal, investment and actuarial dealership consultants. Your reinsurance company is formed in compliance with all current laws and tax regulations. Our network of actuaries will advise you about profitable programs and rates and assist you in customizing your product offerings and customer benefits. You can expect full disclosure, timely in-person reports and no hidden fees.

WHY WE’RE BETTER

Our approach is simple; you sold the product, you deserve 100% of the underwriting profits and true independence to do with those profits what you see fit.

Here are some key reasons why our structure is better than your current participation program:

• All funds are held in your financial institution, with your chosen investment banker.
• You have 100% investment control; you choose how to invest including floor plan offset account, stocks, bonds, mutual funds, etc…
• You can borrow up to 75% of unearned premium and 100% of your earned premium.
• Your dealership nets claims and cancellations prior to remittance.
• Service retention is guaranteed through a 40 mile tie-back. Our claims service directs your customers back through to your service department, controlling claims costs, increasing fixed ops profits and increasing customer satisfaction.
• Your company is funded 5 days after receipt and as often as weekly, maximizing investment income potential.
• You can choose your risk levels for each product: self-insured, partial or full.
• You can customize rates and F&I plans depending on regional needs and market.
• Every reinsured product is segregated into separate, stand-alone trust accounts, with no commingling.
• You are provided a detailed analysis of your company’s performance by product reinsured and analyzed at every level including salesperson and service department.
• NO hidden fees, NO loss adjustment expense, NO investment management fees, No loss of investment income.
• Portfolio is the only IRS tested and approved dealer reinsurance program that has received favorable ruling from the US Treasury Department.

You get TRUE OWNERSHIP, FULL CONTROL AND UNMATCHED PROFITABILITY with No hidden fees.

WHAT WE DO FOR YOU

Here are the details we handle and manage:

• Company formation • Charter establishment
• Lender approval • Financial reporting
• Legal compliance • Record keeping
• Risk management • Loan facilitation
• Claims administration • Investment return analysis
• Coordination with your personal and dealership tax advisors, attorneys and financial advisors.
• Tax return preparation

We handle every technical aspect of the company but you enjoy the control, flexibility and profitability of no other program.