- Long-term or short-term needs for cash
- Tax benefits/consequences that match your comfort level
- Want/need for control of the claims process
- Comfort with off-shore investment or money in the U.S.
- Risk/return tolerance
Reinsurance programs that amplify returns
Whether you’re looking for a long-term investment strategy or need cash flow now, Assurant Resource Automotive has the income-development expertise and wealth-building structures you’re looking for. Our participation options will help you meet your immediate needs and reach long term goals.
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Choose how you want to participate, based on:
Participation Options
- Long-term business strategy for dealers seeking the highest potential return
- Multiple owners provide risk sharing and risk distribution
- Capability to reinsure major product lines
- Exotic stock structure segregates profits by producer
- Larger asset-base yields larger investment options
- No cap on premium
- Conducts business and holds its assets in Bermuda
- Long-term business strategy for dealers seeking more control in directing their investment strategy
- Offers more control in directing investment strategy, but includes a cap on premium
- Dealer is normally a single producer
- Capability to reinsure major product lines
- A risk model that's best for dealers who desire more control over their investments
- The dealership owner sets up an insurance entity to handle risk, keeping that risk separate from the dealer and/or his dealerships
- Any monies not paid out in claims become the dealer’s profits
- Control of any unearned reserves, so you have more investment options
- Coverage in the event the dealer is unable to perform
- The ultimate cash-flow vehicle: the dealer can control funds immediately
- Dealer decides how to use the cash
- Dealer is responsible for any future claims liability
- Resource Automotive acts as the administrator
- Immediate tax consequences
- Tax due on cash flow, not on profits
- Potential for additional profit with little or no additional risk
- Admin Obligor (also known as Third-Party Obligor)
- Potential for potential underwriting revenue with no downside risk
- Potential underwriting revenue
- Potential investment income
- Dealer receives a quarterly activity statement
- Profit distribution is paid annually
- Delivers a simple, up-front commission with no risk
- Potentially lower cost
- Usually higher commission
- No contingencies