Portfolio Acquires Finance Concepts
Portfolio has agreed to acquire one of its largest-producing agencies, Finance Concepts of Folsom, Calif., where Perry Montoya and Jeff Burnett will remain as principals.
Portfolio Launches Quantum Electronic Component Service Contract
Portfolio's newest service contract offering was designed to cover such factory-installed components as navigation, audio and video systems for buyers of new and pre-owned vehicles.
Portfolio Earns 10th Straight Top Ranking in Dealers’ Choice Awards
Dealers have ranked Portfolio among the industry's top three reinsurance providers in the Dealers' Choice Awards for the 10th year in a row.
Wyoming ADA Names Portfolio Endorsed Provider
Wyoming Automobile Dealers Association's Chuck Ruwart cited Portfolio's "dealer-centered approach" as a driving factor behind a new agreement that will introduce the company's award-winning reinsurance program to retailers statewide.
Portfolio Joins List of 100 Best Companies to Work for in Texas
A group led by Texas Monthly magazine has added Portfolio's Dallas office to its list of the 100 Best Companies to Work for in Texas, identifying the reinsurance and F&I products provider as a key contributor to the state's economy, workforce and businesses.
Portfolio Names Hallissey COO
Lori Hallissey, a 25-year auto finance and agency veteran who most recently served as vice president of operations and consumer experience at Allstate Dealer Services, has joined Portfolio as COO.
Portfolio Edge Launched as Reinsured Service Drive Product
Portfolio Edge takes the form of a limited warranty or service contract designed to extend factory parts and labor coverage while adding a new product to the service menu and creating a new underwriting profit center.
Portfolio Named Among Orange County’s Best Workplaces
The Orange County (Calif.) Business Journal and Best Companies Group have named Portfolio to their list of the county's 100 best workplaces for the third time.
Capital Z Acquires Portfolio From Frontenac
Executives say a period of strong growth preceded Capital Z Partners Management's acquisition of Portfolio from Frontenac Co., which had served as the reinsurance and F&I products provider's principal investor since 2013.
Portfolio Earns 3rd Straight Diamond Award for Reinsurance
Portfolio's first-place ranking among reinsurance providers in the 2016 Dealers' Choice Awards marks the company's ninth straight top ranking and sixth Diamond award since 2008.