Our F&I partners have the experience and expertise to form and manage dealership-owned reinsurance companies to accept after-market products such as GAP, anti-theft, tire & wheel, among others. Ownership of a reinsurance company allows you as the dealer to share in the automotive underwriting profit and investment income and defer income on a tax-advantaged basis.
There are participation options available when forming a reinsurance company, including setting up an offshore Controlled Foreign Corporation (CFC). This is ideal for the dealer looking for an underwriting investment while maintaining sole ownership and control of the reinsurance company. You cede the premium from the F&I products into the CFC as a way to reduce or defer taxes based upon the premium ceded.
Dealer Protection Group (DPG) and its partners’ high level of expertise will provide you with the necessary guidance and support you need in setting up a CFC.
Take control of your financial future today.
Contact DPG to discuss your options in detail. Call us at 949.208.8550.