Owning your own Reinsurance Company will enable you to increase your profit on each sale through the underwriting of insurance and other related products. Unlike factory programs from the manufacturers, which offer little or no underwriting profit for your dealership, by offering your own insurance and protection plans you can participate directly in the underwriting profits.
We understand setting up a reinsurance program can be a complex task, but we will handle it for you from start to finish. Starting with the formation of an offshore reinsurance company, we will advise you on our progress each step of the process, and train you and your staff on selling techniques and compliance with standards and regulations, and finally monitor your performance on a monthly basis to help you optimize your profits.
How we set it up
Formation
We form the offshore reinsurance company and advise you on progress at each step.
Training
We train you and your staff on selling techniques and on compliance with standards and regulations.
Monitoring
We monitor performance monthly to help you optimize profits.
Nick D'Amico has helped establish numerous reinsurance companies with preferential tax treatment for dealers, resulting in net profits for his clients in excess of $80 million.