Dealer Management Group
Serving the Insurance needs of Auto Dealerships Nationwide Learn MoreGet StartedTAKE BACK CONTROL OF YOUR DEALERSHIP
Take the Dealer Management Group Questionnaire
Controlling Expenses & Protecting Assets
Providing the Ability to
Take Control of Your Insurance Costs
DMG specializes in serving the risk management needs of Dealerships nationwide. With our team’s extensive Dealership experience and unparalleled expertise, we are revolutionizing what it means to be insured
Learn more about Captive Insurance and take our Captive Questionnaire to see if you qualify for Dealer Management Group.
Competitive/Stable Pricing
Captives offer a level of exclusivity not available with traditional insurance companies. Members control entrance into the program. Therefore, the profitability of the company. Captives isolate the “pure insurance costs,” providing a level of stability and control not available in the standard market.
Superior Coverage
Captive programs work at an elevated level with reinsurers. Therefore, they can typically negotiate extensive coverage at levels not present to others. By leveraging the premium volume and geographic scope, all members can find broader coverage at more reasonable costs.
Increased Profits
Captives offer the unique ability to secure a return on underwriting profit. Members own and control the program allowing them to negotiate the outcome of claims with full settlement authority and choice of counsel. By controlling claims, members can realize premium savings.
Claims Authority
Members control their costs through input into claims settlements and the setting of reserves.
the Dealer Management Group Difference
Our Founding Principles
We assembled the DMG Service Team around extensive Dealership experience and unparalleled expertise, revolutionizing what it means to be insured.
Founded on the principles of providing stability and control to the Automotive Industry, Dealer Management Group was created by Dealers for Dealers. DMG membership is offered only to those who outperform the industry.
Testimonials
Statements from
Our Valued Customers
As a founder of Dealer Management Group (DMG), I am proud of the company we have created. Our members are like-minded in both the operation of our dealerships and now of our insurance company. Our goal with DMG, like our dealerships, is profitability. We achieve this by controlling the program costs and our respective claims. By doing so, we can secure the most competitive insurance program available in the industry.
Insurance is a difficult expense for the automotive industry, and dealers with multiple franchises see their insurance costs spiraling out of control. I wanted to develop a long-term solution to our insurance costs that we could manage and control. The captive model has provided us with the unique opportunity to do just that. As we grow, it will continue to offer more opportunities for savings. If you are frustrated with the insurance market, our program is worth exploring. By joining together, we have formed a viable alternative to the existing marketplace.
The captive model and understanding what makes up your premium total unlocks the potential to reward you in low claim years and provides for a safety mechanism in the rare event of a large claim year. It’s next-level vertical integration and tackles one of the larger operating expenses an auto group endures each year.
Over the past thirty years, I have purchased numerous worker’s compensation, liability, and garage policies, and I’ve heard every possible excuse from the insurance companies for continuously increasing their rates. Now that I’ve been introduced to the captive model, I wish the excess premium I paid over the years could have been retained. Allowing dealers to be rewarded for their performance is an incredible concept, and now, it’s possible.
CONTACT US
PROGRAM MANAGER:
DEALER RISK SERVICES, INC
341 4th Ave, Indialantic, FL 32903
info@DealerRiskServices.com
(321) 733-6253