A Dealer-Owned Reinsurance company gives your dealership the ability to handle and oversee extended vehicle service contracts and related products as an additional source of revenue. The most common reason dealerships avoid opening a reinsurance company is misconceptions about the risks and ...
In a recent interview with Intelligent Insurer, Brad Kading, the president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR), did something you don’t hear much about, unfortunately, and that’s touting the proposition of reinsurance. And though reinsurance is his ...
Reinsurance keeps you safe. It's hedging your bets against catastrophic occurrences that could cost your dealership. With profit margins growing ever tinier due to innovations, market share and internet sites it's vital to investigate revenue streams.
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