F&I Office Protection Products

Risk Taker Profitability

Emerging Loss Experience, Loss Trends, and Reserving Techniques

Tuesday, November 3, 2009

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Agenda

Fee Schedule

This annual update conference focuses on the risk profile and emerging loss experience from product introductions among F&I office protection products. Since this has been a particularly exciting year of product innovations, it has been an even more exciting year for the risk takers.

For CreditRe, it has been a particularly exciting year, since our long-term client, Walkaway, finally had its concepts gain traction in the United States. Second, our primary activity outside of the vehicle world has been the pricing, risk analysis, and on-going review of loss experience for the involuntary unemployment risk.

We will provide an insight into how these programs are priced, the source data available for loss analysis, and the general price levels associated with the risks.

We have been involved in the actuarial aspects of the development of many of the lifetime promises products. We will provide insight as to the contractual language that most affects the loss experience under these programs.

In addition, we have conducted loss analyses on VSC, GAP, and other F&I office protection products. We will provide insight into the loss trends, loss relativities, and loss analysis tools.

Learning Objectives:

Learn the methodology for the pricing of the GM Payment Protection program, the GM Value Protection program, and the Ford Advantage program.

Learn the methodology for the pricing of other programs available through dealers to protect against the risk of involuntary unemployment.

Learn the actuarial keys to the lifetime promise programs and understand the requirements to actually qualify for a claim reimbursement.

Learn how VSC, GAP, and other protection products were modified by industry risk takers to overcome adverse risk selection.  

Event & Registration Details

Date:  Tuesday, November 3, 2009

Venue:  CreditRe Office - 330 Grapevine Hwy., Hurst, TX 76054

Accommodations: 

Early Bird Deadline: October 12, 2009

Materials: We provide a conference manual with the presentation text and reference materials for use at the conference that is yours to keep.

Prerequisites and Advance Preparation: Participants should have a general knowledge of F&I office protection products, pricing the product risk, and analyzing the product’s loss experience.

Program Level: Intermediate

Instruction Method: Group - Live

CPE Credits: 7 (estimated)

CreditRe is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org 

Terms and Conditions Payment and Registration Confirmation: Registration is not confirmed until payment is received. Upon receipt of payment, you will receive an email confirmation. If you do not receive confirmation, please contact Bob McGregor by phone at (817) 788-8121 ext. 225 or by email to Bob McGregor. Rates and Discounts: Fees are listed on the Conference and Seminar Pricing Schedule. Rates are per person unless otherwise indicated. The Base Rate applies unless payment is received by CreditRe on or before either the Early Registration Deadline or the Pre-Registration Deadline noted in the Fee Schedule. Payment in full must be received prior to the event. Cancellations and Refunds: Conference registration is transferable; a replacement may be sent from your company if you are unable to attend. The Early Registration Discounted Rate is non-refundable, but for the Base Rate fee and the Pre-Registration Discounted Rate fee, if we receive a written cancellation request at least two (2) weeks prior to the conference date, you will receive a refund less a $100 administrative fee per registrant. No refunds will be issued on cancellation requests received within the two (2) weeks prior to the conference. Accommodations: Attendees are responsible for making their own hotel reservations. See the venue information on this page. Hotels other than the venue location are usually available within walking or short taxi distance. Information Contact: If you have any questions about the arrangements, complaints, or other needs, please contact Bob McGregor by phone at (817) 788-8121 ext. 225 or by email to Bob McGregor. Billing Contact: If you have any questions or need an invoice for registration payment, please contact Bob McGregor by phone at (817) 788-8121 ext. 225 or by email to Bob McGregor.