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Blue Chip Growth

Stock Report: () Report Updated: Feb 01, 2016 | Print This Page

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Company Profile

Fortegra Financial Corporation, an insurance services company, provides distribution and administration services primarily in the United States. The companyís Payment Protection segment delivers credit insurance, debt protection, warranty and service contracts, and motor club solutions under the Life of the South, Continental Car Club, United Motor Club, and Auto Knight Motor Club brand names to consumer finance companies, regional banks, community banks, retailers, small loan companies, warranty administrators, automobile dealers, vacation ownership developers, and credit unions. This segment specializes in providing products that protect consumer lenders and their borrowers from death, disability, or other events that could impair their borrowers' ability to repay a debt. Fortegra Financial Corporationís Business Process Outsourcing segment offers various administrative services under the Consecta and Pacific Benefits Group Northwest, LLC brand names to insurance and other financial services companies. This segmentís services include sales and marketing, electronic underwriting, premium billing and collections, policy administration, claims adjudication, and call center management services. The companyís Brokerage segment sells specialty property and casualty, and surplus lines insurance to retail insurance brokers and agents, and insurance companies under the Bliss & Glennon,, Inc., and South Bay Acceptance Corporation brand names. This segment also provides its clients the ability to obtain various types of commercial insurance coverage outside of their core areas of focus. In addition, it offers insurance underwriting services as a managing general agent for specialized insurance carriers. The company was formerly known as Life of the South Corporation and changed its name to Fortegra Financial Corporation in 2008. The company was incorporated in 1981 and is based in Jacksonville, Florida.

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