Former Imprise co-founder takes COO role at Portfolio

Portfolio, a reinsurance and F&I provider, has promoted its chief legal officer to the post of  chief operating officer.

Andy Seger took up the job as COO at the provider after holding the position of chief legal officer at Portfolio since June 2020.

His new role will see him leading the team responsible for F&I contract administration, client experience, logistics, technology, marketing, project management, corporate development, legal, and regulatory compliance.

As Portfolio’s chief legal officer he led on legal, compliance, and acquisition efforts for the provider. At the same time he also held the post of chief legal officer for Imprise Insurance, a company he co-founded that was acquired by Portfolio in 2020.

Imprise Insurance is reported to be the first captive insurance company licensed by the Ohio Department of Insurance. It provided innovative risk-management solutions for insurance producers throughout the country.