Because the Portfolio business model delivers the maximum benefit to the dealer principal, Portfolio agents typically get all of the business and enjoy a more permanent, high-level, and non-adversarial relationship with the dealer.
- What Portfolio does: Founded in 1990 and a pioneer of the dealer reinsurance business model, Portfolio delivers comprehensive reinsurance company management services to automobile, RV, motorcycle and powersport dealers.
- The Portfolio Difference: Portfolio’s policies protect all of the dealer’s rights of ownership in the company. The dealer’s company is structured for his or her true 100% ownership of the underwriting profits and investment income. We enjoy very stable long-term relationships with the dealers we share with Portfolio agents for this reason. As of early 2019, Portfolio dealers have issued over 5 million VSCs and warranties, with over $2.3 Billion in premiums, an earned loss ratio of 43%, plus accrued investment income of over $520 Million. This has resulted in dealer reinsurance company earned profits of over $1.5 million.
- Unique Selling Proposition: No other program matches up across the board in delivering profitable benefits to the dealership owner. The dealer’s rights of ownership govern all of our policies and practices. As a result, our dealers make more money and Portfolio agents have seen growth in their business far exceed the underlying growth in the US automotive industry.
- Comprehensive product line: Our very profitable Portfolio Protection product line includes vehicle service contracts, CPO and limited warranties, GAP, bundled products, lease protection, appearance protection, anti-theft, loyalty, maintenance, and other proven ownership protection products to meet the dealership’s brand strategy. Our products are all backed by stable A- Rated insurers and administered by the top warranty administrators in the nation.
- The best agents: Portfolio has no employee agents and is proud to be represented nationwide by the best independent professional agents in the industry.