CNA National Welcomes New VP of Reinsurance

SCOTTSDALE, Ariz.—CNA National Warranty Corporation is pleased to announce that Rob Hehr has joined the company in the newly established position of vice president of reinsurance effective November 13. “With a wealth of experience in both the insurance and automotive industries, Rob has the expertise needed to effectively direct our reinsurance programs in support of ... Read More »

AmTrust Names Jackie Banks Vice President of Reinsurance for Special Risk Division

NEW YORK — AmTrust Financial Services Inc. today announced that Jackie Banks, an experienced F&I industry executive, has joined the company as vice president of reinsurance for its Special Risk division. She will be responsible for all aspects of reinsurance for the division, including sales support, training and development of staff, as well as general ... Read More »

National Auto Care names Steve Verney as Chief Financial Officer

WESTERVILLE, Ohio – National Auto Care today announced the appointment of Steve Verney as the company’s Chief Financial Officer, leading the finance, accounting and reinsurance teams. In this new role, he will work to help National Auto Care amplify its recent profitable growth and build an even stronger foundation for the next level of success. ... Read More »

Portfolio Named Endorsed Provider by Wyoming Auto Dealers

LAKE FOREST, Calif. – Portfolio one of the nation’s leading reinsurance program managers for automotive dealers, has entered into an agreement with the Wyoming Automobile Dealers Association (WADA) to bring reinsurance profit participation and retrospective commission programs to the association and its dealers who sell Portfolio F&I products. Former WADA President, Chuck Ruwart, who provided leadership ... Read More »

New Portfolio Edge Program Reinsures Service Drive Warranties

Lake Forest, Calif. – Portfolio, one of the nation’s leading reinsurance program managers for automotive dealers, has launched Portfolio Edge, a program to extend coverage on the manufacturer’s parts and labor warranties for repairs in dealership service drives, and then reinsure the extended coverage contracts to the dealer’s Affiliated Reinsurance Company. Portfolio Edge comes with ... Read More »

Turks and Caicos Regulator Engages Leading Reinsurance Industry Professionals

The Turks and Caicos Islands Financial Services Commission (“Commission”) met today with 20 leading reinsurance experts to elicit their views on proposed improvements to the Islands’ regulatory regime and explore how TCI may remain the domicile of choice of producer affiliated reinsurance companies. Turks and Caicos (“TCI”) regulates several thousand such companies, which pay tax ... Read More »

EFG Companies Pushes the Industry Again with Technology Innovation

DALLAS – EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today launched Parts Wizard, a new technology platform that reduces dealer reinsurance exposure, streamlines claims administration and increases customer satisfaction. For more information about EFG’s claims administration, visit: http://bit.ly/EFGAdmin EFG’s Parts Wizard automates the manual process of sourcing OEM, aftermarket, remanufacturered, and used ... Read More »

BOK’s Huntzinger to Offer Economic Outlook at Agent Summit

SWDS’s Larry Pomarico to Lead Reinsurance Symposium Panel

Jim Smith to Headline 2016 Reinsurance Symposium