Learn About Captives
Why Choose Captives?
Information about Captives and How they’re structured.
Captives 101:
Why should you choose a Captive?
Dealer Management Group was created to provide the Automotive Industry with viable insurance alternatives in a volatile market environment. But, why a Captive? The answer is simple. Captives are unique in structure and provide the highest levels of control for the Members and Owners. Why now? The formation of DMG was predicated by certain market factors… both industry insurance market and financial market factors. The timing was right for exploration and development of creative insurance solutions. With the exit of a major insurer from the Garage marketplace, the availability of insurance options was decreasing. The ensuing instability regarding the balance of the available carriers created an atmosphere of uncertainty with the potential changes in rates and dilution of coverage.
By joining forces with the Best of the Best in the industry, Dealers are able to counter the restrictions of the standard insurance market and enter into an arena that is truly unique. Captives afford relief from market fluctuations and provide all of the components absent from the market.
Members own the program, Members control the program, Members decide who can join the program. It’s all about taking control of Dealership insurance. But, the advantages of Dealer Management Group don’t stop with Garage and Workers Compensation. By utilizing the strength of the Captive and the geographic spread of risk provided by the Members, Dealers can recognize premium savings and more comprehensive coverage in all areas of their insurance program. This includes Property, Inventory, Crime, Cyber, EPLI, Directors and Officers, and Pollution. Presenting the Best of the Best to the marketplace provides a tremendous amount of leverage in negotiations.
Dealer Management Group is truly a viable alternative for those who understand Alternative Risk programs and embrace the Risk / Reward aspect. It grew out of an idea…a discussion with Dealers and their frustration with the insurance marketplace. We welcome the opportunity to discuss the initiative with you and your Team.
Stability & Control
Captives provide the highest level of stability and control for their members. Captives focus on controlling costs and coverage levels.
Creative Solutions
Founded by a company that excels at providing creative solutions, our Captive is paving the way to a better future.
Return of Profits
Members own the program. Members control the program. This allows members to secure a return of underwriting profits.
Viable Insurance Alternatives
Dealer Management Group was created to provide the Automotive Industry with viable insurance alternatives in a volatile market environment.