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Passenger Vehicle

Protection from Market Fluctuations

Residual value insurance allows auto leasing and finance companies to manage residual risk by protecting against fluctuations in the used car market. RVI helps independent leasing companies, leasing companies which are controlled by banks, leasing companies controlled by auto manufacturers (captive finance companies), and credit unions to:

• Reduce financial statement volatility
• Convert operating leases to finance leases
• Demonstrate to their parent credit committees that their potential future residual value losses will not exceed a fixed, pre-agreed amount

We work closely with clients to understand their financial objectives and constraints and then tailor a policy designed to meet their specific needs. Our clients also benefit from customized reporting to assist in portfolio management and streamlined electronic claims processing.

Members of the Passenger Vehicle underwriting team bring a wealth of experience from the automotive sector. Their expertise includes lease origination, portfolio management, market analysis, residual value setting and evaluation, auction transactions, and supervising all aspects of end-of-term management activities.