Turn on your financial future today.
With over 60 years combined experience across our reinsurance professionals, EFG Companies is a leader in the formation and management of producer-owned reinsurance companies (PORC). Ownership of a reinsurance company allows the dealer the opportunity to share in the automotive underwriting profit and investment income, and defer income on a tax-advantaged basis.
The high level of expertise provided by EFG's on-staff CPAs and consulting partners will give you the necessary guidance and support you need to make more profitable decisions. You'll receive comprehensive counseling on wealth management, tax strategy and compliance issues. And, as always, EFG's commitment to providing our dealer partners with excellent service is evidenced through our availability, responsiveness and user-friendly reporting tools that help you evaluate and stay abreast of your investments.
Participation options include the following:
Controlled Foreign Corporation (CFC)
A CFC is ideal for the dealer/agent seeking underwriting investment return while maintaining sole ownership and control of the reinsurance company.
Non-Controlled Foreign Corporation (NCFC)
In a NCFC, the dealer/agent owns stock in a reinsurance company with many other participants. A NCFC often has the financial strength to produce better long-term economic benefits.
Take control of your financial future today and contact EFG for more detail on which plan option is right for you.