Longtime TFS Executive Jacobson Joins Portfolio Team
Thirty-five-year industry veteran Peter Jacobson, formerly with Toyota Financial Services, has joined Portfolio as a reinsurance specialist.
Thirty-five-year industry veteran Peter Jacobson, formerly with Toyota Financial Services, has joined Portfolio as a reinsurance specialist.
Portfolio earned its fourth first-place Diamond award in five years in the 2018 Dealers' Choice Awards, extending a decade-long run as a top-ranked reinsurance provider.
Former First Extended and Resource Agent Group executive and 33-year industry veteran John Luckett has joined Portfolio as a Texas-based managing director.
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'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.
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 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.
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.
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 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.