Reinsurance
Reinsurance or retroceding programs are available for all products. We offer programs where the producer or dealership can become the risk taker on the underwriting profits/losses through an off-shore reinsurance company.
Creative Reinsurance & Retroceding Programs
The insurer would either cede the premium directly to the captive (minimum production requirements are in place) or work retroactively through Auto Trac System’s captive. A retroceded program sends all profits quarterly to the offshore reinsurance company.
Reinsurance and retroceding programs change the dynamic for all parties by moving the dealership into a partnership with the underwriter. It keeps the relationships in place for more extended periods. Risk takers can direct investments based on program guidelines that reflect their preferences.
Provided through Auto Trac System and insured by AM Best’s A rated insurance company.