AUT24SS04. The Impact of Rising Repair Costs At The Dealership and on Reinsurance, presented by Portfolio

We will review and analyze the impact of rising repair costs and their direct influence on claims within a reinsurance company. Actuarial data will be presented in support industry trends that span several Key Performance Indicators (KPI) that are commonly used to insure the overall profitability of a dealer reinsurance program.

Learning Objectives:

• Recognize how the increase in claims costs (parts & labor) affects dealership reinsurance programs.
• Identify how to be best prepared for adjusting to a rise in claims cost to dealership reinsurance.