WHAT IS AUTOMOTIVE REINSURANCE?

Automotive dealer reinsurance is a specialized financial product that helps auto dealers fulfill their warranty obligations for vehicle service and powertrain contracts, GAP insurance, tire and wheel protection, and several other finance & insurance (F&I) products. Further, through ownership of their own reinsurance company dealers gain greater control and flexibility over all aspects of their F&I business while generating a new source of significant long-term profitability and wealth.

This experience, combined with his financial expertise, supports reinsurance portfolio management tailored to the cash-flow needs, tax considerations, and long-term wealth goals of dealer principals.CAN ANY FINANCIAL ADVISOR HANDLE REINSURANCE ACCOUNTS?

 The short answer is ‘no’.

Although some Advisors have a great deal of expertise with financial planning or investing, most are not familiar with the specific tax, regulatory, and compliance requirements concerning reinsurance. In addition, many of the nation’s largest custodians will not open or hold reinsurance accounts due to their international domicile or tribal nation status and other structural issues.

WHAT MAKES CB CAPITAL A DIFFERENTIATED CHOICE FOR AUTOMOTIVE REINSURANCE?

There are 2 primary sources of profit for an automotive reinsurance company, underwriting profits and investment gains. CB Capital has extensive experience managing both sources.

The Principal of CB Capital, Christopher Benoit, has over 20 years of dealership operations experience and has owned and operated an automotive reinsurance company since 2006. Over this time, Christopher has developed practices intended to support dealership service department key performance indicators (KPIs) and reinsurance underwriting results. This experience, combined with his financial expertise to manage reinsurance portfolios that optimize the cash-flow needs, tax situation and long-term wealth goals of dealer principals is truly unique in the industry.

CB Capital offers a differentiated value proposition for automotive reinsurance clients.

PARTNERSHIP MENTALITY

Clients are treated as partners at CB Capital, meaning we proactively consult with dealer principals and agents on an ongoing basis to ensure that all elements of the reinsurance program are maximized to achieve their long-term goals. At CB Capital, we are successful only when our partners are successful.

The Firm has relationships with established reinsurance providers in the country. We can accommodate your existing reinsurance company or work with our industry partners to help you set up a new company.

OUR COMMITMENT

• Smooth, fast and accurate account set-up:
  • Domestic, International and Tribal Nation domiciles
• 24/7 online account access
• Partner level service for dealers, master agents and agents
• Complete wealth management services:
  • Financial planning
  • Estate planning
  • Business succession planning
  • Company retirement plans
  • Risk management and more
• Transparent and below market fees so you keep more of your wealth