Reinsurance is one of the most powerful — and misunderstood — tools in a dealer’s toolbox. Jeff Alpert, Partner at Composition Wealth, breaks down what reinsurance really is, how it works, and how smart dealers are using it to build wealth, improve cash flow, and even fund acquisitions. Whether you're new to reinsurance or already in a program, this episode will help you understand it on a whole new level and spot opportunities you might be missing.Key Takeaways:(04:03) Many dealers miss out on reinsurance profits due to a lack of education and industry complexity.(06:06)  Dealers invest premiums and earn returns before claims are paid.(07:45) Understanding reinsurance math is crucial, yet many dealers lack the knowledge.(11:03) Reviewing reports and claims data helps spot risks and improve programs.(13:02) Mistrust and negative experiences keep some dealers from reinsurance benefits.(19:14) Top dealers leverage expert advisors and incentivize staff for better results.(22:05) Reinsurance can be used for estate planning and generational wealth transfer.(25:44) Dealers deserve partners who prioritize guidance, not just asset management.(28:59) Loss ratios often spike post-sale as buyers maximize existing warranties.Additional Resources:Driving Performance | Websitehttps://performancebrokerageservices.com/driving-performance-podcast/Performance Brokerage Services | Websitehttps://performancebrokerageservices.com/Performance Brokerage Services | LinkedInhttps://www.linkedin.com/company/performance-brokerage-servicesJeff Alpert | LinkedInhttps://www.linkedin.com/in/jeffalpert/Composition Wealth | LinkedInhttps://www.linkedin.com/company/composition-wealth-1/Composition Wealth | Websitehttps://composition.com/Thanks for listening to “Driving Performance.” If you enjoyed this episode, please leave a 5-star review, and be sure to subscribe so you never miss any insightful conversations.#AutomotiveDealershipBrokers #CarDealership #AutomotiveIndustry

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