Protective Asset Protection announced the launch of Protective DOWC Re Program, a “groundbreaking” new structure designed to combine the benefits of traditional reinsurance programs with those of a dealer-owned warranty company.

Protective Asset Protection vice president Tim Blochowiak calls the new program a “game-changer” that requires minimal capitalization but delivers tax advantages inherent to the DOWC model.

“This innovative hybrid solution allows dealers to maximize their financial potential, offering flexibility in investment allocations and supporting a wide range of products,” Blochowiak writes in a release announcing the launch. “In today’s competitive market, the Protective DOWC Re Program provides dealers with a powerful tool to enhance their long-term financial success while maintaining the ease of operation they need to focus on their core business.”

The new structure is available in every state but Florida, Washington and Puerto Rico and supports vehicle service contracts, limited warranties and a number of additional product types, with more to come, according to the release.

Read more at Protective Asset Protection