StoneBay Insurance, LLC 2016 Executive Summary
StoneBay Insurance, LLC is a Maryland based property and Casualty Company. StoneBay (SBIG, StoneBay Insurance Group) was established in March of 2000. StoneBay’s primary focus has been to increase the Automobile and RV’s dealer’s revenue. This is done through core finance products and established digital and traditional marketing programs to drive vehicle sales to existing and new accounts. Business evaluation, real time reports and analysis allows us to customize goals through technology and people. We ae both “high-tech” and “high-touch”.
SBIG takes great pride in keeping “our finger on the pulse” of an ever evolving customer/dealer landscape. We offer wealth building tools such as reinsurance, self-insure, and retro-plans. StoneBay offers CRM solutions that are unique and proven.
Our payment service plan, Smart Payment Plan, is a complete sales system. It has enabled valued clients to increase revenue and provide the customer with the convenience of ACH in concert with a shorter loan term and matching payments to paydays. It is a true equity builder for both auto loans and consumer home mortgages. This is a desking tool that increases both sales and F&I profitability. Offering smaller payments and matching the customers payment to their paydays is a winning formula. Ask us to share store results!
StoneBay president, Mike Mellion has 18 years retail automobile experience. Mike was GM at his departure from retail and worked with a large private Insurance Company, PDP. Incorporating his knowledge of the automotive industry and the insurance world, Mike formed an is president of StoneBay Insurance Group, LLC. StoneBay is proud of their client relations, continued growth and recognizes the social and individual value of doing what is right.
SBIG has direct connections with key personnel in the private sector, including but not limited to auto manufacturers, national auto dealer networks, and lending arms. We take pride in our ability to adapt, thrive and work smart at aligning with great folks, great ideas and hard work. StoneBay has both local and national dealer references.