Portfolio Reinsurance

Dallas, United States Founded: 1989 • Age: 37 yrs Acquired By Protective Life Insurance
Reinsurance services are provided to primary insurers since 1989.
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About Portfolio Reinsurance

Portfolio Reinsurance is a company based in Dallas (United States) founded in 1989 by Steve Burke was acquired by Protective Life Insurance in October 2025. It operates as a Brokerage / Intermediation, and Professional Services. The company has 139 employees as of December 31, 2021. Portfolio Reinsurance has completed 2 acquisitions, including Finance Concepts and NAE / NWAN. Portfolio Reinsurance offers products and services including Reinsurance Programs and F&I Products. Portfolio Reinsurance operates in a competitive market with competitors including Transatlantic Holdings, Gen Re, Topsail Re, Hadron and Kestrel Group, among others.

  • Headquarter Dallas, United States
  • Employees 139 as on 31 Dec, 2021
  • Founders Steve Burke
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Portfolio Holding, Inc.
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
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Products & Services of Portfolio Reinsurance

Portfolio Reinsurance offers a comprehensive portfolio of products and services, including Reinsurance Programs and F&I Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Reinsurance programs are managed for dealer-owned companies.

F&I products are offered to enhance dealership profitability.

People of Portfolio Reinsurance
Headcount 200-500
Employee Profiles 4
Employee Profiles
People
Brent Griggs
Chairman Of The Board Of Directors
People
Chad Millspaugh
Managing Director

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Teams

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Funding Insights of Portfolio Reinsurance

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Portfolio Reinsurance

Portfolio Reinsurance has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Protective Life Insurance, Abry Partners and Capital Z Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Abry Partners is engaged in middle market private equity investments.
Founded Year Domain Location
-
Founded Year Domain Location
Life insurance policies are issued and managed for customers.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Portfolio Reinsurance

Portfolio Reinsurance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Finance Concepts and NAE / NWAN. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
F&I training and products are supplied to automotive dealerships.
2005
Extended warranties are developed and administered for automotive dealerships.
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Portfolio Reinsurance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Portfolio Reinsurance Comparisons

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Competitors of Portfolio Reinsurance

Portfolio Reinsurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Transatlantic Holdings, Gen Re, Topsail Re, Hadron and Kestrel Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Diversified reinsurance company
domain founded_year HQ Location
Reinsurance services for life/health and property sectors are offered.
domain founded_year HQ Location
Reinsurance services are provided by Topsail Re to manage risks.
domain founded_year HQ Location
Reinsurance and capacity services are provided to managing general underwriters.
domain founded_year HQ Location
Offers licensed insurance capacity to program managers, MGAs, and reinsurers efficiently.
domain founded_year HQ Location
Delivers comprehensive auto reinsurance services to insurers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Portfolio Reinsurance

Frequently Asked Questions about Portfolio Reinsurance

When was Portfolio Reinsurance founded?

Portfolio Reinsurance was founded in 1989.

Where is Portfolio Reinsurance located?

Portfolio Reinsurance is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

Who is the current CEO of Portfolio Reinsurance?

Steve Burke is the current CEO of Portfolio Reinsurance. They have also founded this company.

How many employees does Portfolio Reinsurance have?

As of Dec 31, 2021, the latest employee count at Portfolio Reinsurance is 139.

What does Portfolio Reinsurance do?

Portfolio Reinsurance is focused on facilitating the formation and management of reinsurance companies owned by auto, RV, motorcycle, and powersports dealers. Services are provided in the financial and automotive sectors, offering solutions that include 100 dealer ownership of underwriting profits and investment income. Award-winning programs and products are delivered alongside industry-leading reporting and agency support. Operations are conducted with a national network of agents and specialists to maximize dealer earnings and ensure compliance and transparency.

Who are the top competitors of Portfolio Reinsurance?

Portfolio Reinsurance's top competitors include Gen Re, Topsail Re and Transatlantic Holdings.

What products or services does Portfolio Reinsurance offer?

Portfolio Reinsurance offers Reinsurance Programs and F&I Products.

How many acquisitions has Portfolio Reinsurance made?

Portfolio Reinsurance has made 2 acquisitions, including Finance Concepts, and NAE / NWAN.

Who are Portfolio Reinsurance's investors?

Portfolio Reinsurance has 3 investors. Key investors include Protective Life Insurance, Abry Partners, and Capital Z Partners.

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