Portfolio-owned reinsurance companies (PORC)

A Portfolio-Owned Reinsurance Company (PORC) allows a partner to participate directly in the underwriting results of their F&I programs through a dedicated reinsurance structure.

Under this model:

• A separate reinsurance entity is established
• Premium is ceded to the PORC
• Claims and expenses are paid from the reinsurance pool
• Profits are retained within the reinsurance structure

This model provides:

• Greater control over long-term underwriting performance
• Enhanced transparency into program economics
• Alignment between product design and risk outcomes
• The ability to build equity within the reinsurance entity

Wefigo supports partners in evaluating feasibility, structuring the program appropriately, coordinating with experienced service providers, and ensuring regulatory alignment.