Buckeye knows that you, the dealer, can maximize the return on investment and take advantage of business opportunities with properly structured loans from unearned premiums in the reinsurance company. We will setup the proper loan documents and manage the repayments for you.
Because it is your money, there is no reason to float claims and cancellation payments or interrupt investments. We encourage you to deduct claims and cancellations from your regular new business remittance simplifying the remittance process and optimizing cash flow.
Cession statements are available in real time from our online portal. Reinsurance financial statements are provided quarterly.
We handle our own reinsurance company formations as well as the continued maintenance of these entities in house. Others use third party companies for this sacrificing control and efficiency.