Fortegra Financial Corporation (NYSE:FRF)

Fortegra Financial Corporation, an insurance services company, provides distribution and administration services, and insurance-related products to insurance companies, insurance brokers and agents, and other financial services companies in the United States. It operates in three segments: Payment Protection, Business Process Outsourcing (BPO), and Wholesale Brokerage. The Payment Protection segment distributes and administers credit insurance, debt protection, warranty and service contracts, and car club solutions under the Life of the South, Continental Car Club, and United Motor Club brand names to consumer finance companies, regional and 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. The BPO segment provides a range of administrative services under the Consecta brand name to insurance and other financial services companies. Its services include sales and marketing support, electronic underwriting, premium billing and collections, policy administration, claims adjudication, and call center management. The Wholesale Brokerage segment sells specialty property and casualty, and surplus lines insurance to retail insurance brokers and agents, and insurance companies under the Bliss & Glennon brand name. This segment provides its clients the ability to obtain various types of commercial insurance coverage outside of their core areas of focus. This segment also 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. Fortegra Financial Corporation was incorporated in 1981 and is based in Jacksonville, Florida.