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Service Contracts - Reinsurance

March 30, 2010

Service Contracts - Reinsurance

This year, only two companies scored high enough to win an award in the Service Contracts – Reinsurance category, and there was quite a point spread between the award-winning companies and the group average.

In a category that’s only been a part of the Dealers’ Choice Awards for three years, one company has proven it’s a leader, winning an award every year. Portfolio won the Diamond Award this year to claim Double Diamond status, and with its highest score ever, a 144.8, and the company received the fourth-highest score of the entire awards.

“For the past 20 years, Portfolio has always been about ‘Creating Wealth for Dealers.’ This philosophy permeates our entire organization, defines our programs and products, and is communicated in our entire relationship with our clients. Our continuing success in this category is a result of this wealth being created for our clients in the real world on a year-after-year basis,” said Steve Burke, president of Portfolio.

CNA National improved its score this year to catapult the company from last year’s Gold Award to a Platinum Award. Year-over-year, the company’s score improved 27.4 points to 141.3, which is over 20 points higher than the group average.

Company Award Score
Portfolio Diamond 144.8
CNA National Platinum 141.3
Group Average 119.1

Vol. 7, Issue 4

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Service Contract Provider

Dealers who voted in this category were happier than most, with a group average just shy of 113. CNA National, a Triple Diamond Award winner, took home the Diamond Award for the sixth consecutive year, posting the highest score ever in this category—a 141.5. Also, CNA National was the only returning company in the top three in this category.