BECOME A MORE PROFITABLE DEALERSHIP
Forming a Privately Owned Reinsurance Company (PORC) will be one of the most important decisions you will make as a business owner. A PORC is a special-purpose insurance company formed primarily to underwrite the risks of the parent company or affiliated groups. PORCs have been used by car dealers and business owners since late 50’s and will allow you greater control of your current and future earnings.
Why CapRock?
- You are not required to hold preiums in a trust
- Domestically domiciled
- Tied into all products
- Transparent ceding and administration fees
CapRock provides the support of an experienced staff to assist in the successful launch of your PORC program. Our support includes proper reporting, recommendations for ways to promote your program and proven collection strategies from professionals that have been engaged in these programs for many years.
At CapRock we have a diverse client base, ranging from sales over 1,200 cars a month to 40 cars a month. Let us show your team the CapRock difference.
Contact the team at CapRock today!