RISK POINT
Risk Point is a Dallas-based specialty insurance program manager providing Dealer Open Lot and Garage Package coverage to over 5,000 US auto dealerships, RV, motorcycle, heavy truck, and equipment dealers exclusively through independent retail agents under two A.M. Best Excellent-rated underwriting entities within the Risk Theory platform.
- Company typePrivate
- Founded2013
- HeadquartersDallas, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What RISK POINT does
Risk Point is a Dallas-based specialty insurance program manager focused exclusively on the US auto-dealership vertical. Founded in 2013, the company operates two Texas LLC entities under its Risk Theory parent: Risk Point Mobility Underwriting Managers, LLC writes non-admitted Dealer Open Lot Insurance (physical-damage coverage for vehicles stored on dealer lots, including comprehensive, collision, and false pretense), and Risk Point Underwriting Managers, LLC writes admitted Garage Package Insurance (a multi-line package covering garage liability, property, commercial auto, crime, cyber, pollution, equipment breakdown, and umbrella). Both entities carry A.M. Best financial strength ratings of A-VIII and A-IX respectively, both rated Excellent. Coverage is distributed exclusively through independent retail agent partners nationwide, with field presence in Dallas (headquarters and claims), Pittsburgh (Northeast/East), and Denver (Great Plains/West). Dealer Open Lot is available in all 50 US states while Garage Package excludes Alaska, Hawaii, and Massachusetts.
The company insures more than 5,000 dealership locations spanning franchised auto, non-franchised auto, RV, motorcycle, ATV, heavy truck, auto rental, and equipment dealers. Differentiated product features include a $0 total-theft deductible on the new Dealer Transit program, a $500,000 per-year False Pretense sublimit, no loss-run impact for qualifying accounts, and $10 million Garage Package liability limits. Risk Point Alert, a proprietary weather-alert mobile application on iOS and Android, sends push notifications at 30, 20, and 5-mile thresholds from a dealer's location and is offered free to agents and policyholders as a retention tool. Claims administration is delegated to third-party partners Applied Claims Group and ProSight Specialty rather than staffed internally.
Risk Point generates revenue through recurring premium on subscription-style insurance policies, priced via quotes that vary by dealer operations, coverage limits, and risk profile; pricing is not publicly disclosed and exact revenue figures are not in the source data. Distribution is entirely wholesale through appointed independent retail agents, with onboarding supported by a competitive commission structure. The company recently extended its product surface with Dealer Transit (a logistics-plus-insurance program addressing the $7.4B annual industry vehicle-theft exposure), launched through Risk Theory's distribution channel.
RISK POINT firmographics
Firmographics- Name
- RISK POINT
- Legal name
- Risk Point
- Website
- https://riskpoint.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Risk Point is a Dallas-based specialty insurance program manager providing Dealer Open Lot and Garage Package coverage to over 5,000 US auto dealerships, RV, motorcycle, heavy truck, and equipment dealers exclusively through independent retail agents under two A.M. Best Excellent-rated underwriting entities within the Risk Theory platform.
- Ownership category
- akta.pro rank
RISK POINT industry classification
Industry- Product category
- Auto Dealership Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Garage Liability & Dealers (Auto Dealers, Repair Shops) (FSAJABAF)
- akta.pro secondary industries
- Commercial Auto & Fleet Insurance (FSAJAMAB), Specialty & Excess/Surplus Lines (E&S) (FSAJAMAH)
Keywords
Where RISK POINT is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
RISK POINT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Others
Revenue model
- Dealer Open Lot Insurance: Physical damage coverage insurance for automobiles on dealer lots including comprehensive, collision, and false pretense coverage. Distributed through independent retail agent partners nationwide.
- Garage Package Insurance: Broad multi-line package policy covering garage liability, general liability, garage keepers, property, commercial auto, crime, inland marine, cyber, equipment breakdown, pollution liability, and umbrella coverage for franchised dealer operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Dealer Open Lot Insurance - coverage for physical damage to vehicles on dealer lots |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
RISK POINT product offering
Product offeringCore offering
Risk Point is a specialty insurance platform that provides auto dealership insurance coverage through two core programs: Dealer Open Lot Insurance (physical damage coverage including comprehensive, collision, and false pretense for vehicles on dealer lots) and Garage Package Insurance (broad multi-line package policy for franchised dealer operations covering garage liability, general liability, garage keepers, property, commercial auto, crime, cyber, pollution liability, and umbrella). Coverage is underwritten by Risk Point Mobility Underwriters, LLC and Risk Point Underwriting Managers, LLC, and distributed exclusively through independent retail agent partners nationwide.
Product overview
Risk Point is a specialty insurance platform that provides a unified portfolio of insurance products for auto dealerships, consisting of two core offerings—Dealer Open Lot Insurance (physical damage coverage for vehicles on dealer lots, underwritten by Risk Point Mobility Underwriters) and Garage Package Insurance (comprehensive multi-line coverage for franchised dealer operations, underwritten by Risk Point Underwriting Managers)—alongside an ancillary Weather Alert App that provides free severe weather notifications to policyholders. The company distributes through independent retail agent partners nationwide and processes claims through third-party administrators Applied Claims Group and ProSight Specialty.
Differentiator
Problem solved
Functional benefit
Brands
- Risk Point Alert: Industry leading weather alert application designed for the auto dealer industry that sends push notifications when severe weather is within 30 miles, 20 miles, and 5 miles of a target auto dealership.
Products and services
- Dealer Open Lot Insurance
Quantifiable outcome
- $0 deductible for total theft losses under Dealer Transit program
- +3 more outcomes
Companies that use RISK POINT
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
RISK POINT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature1 record
RISK POINT partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Risk TheorycoreRisk Point is a Risk Theory Company. Risk Theory is the parent organization and specialty insurance platform that owns Risk Point. Risk Point is provided by Risk Point Mobility Underwriters, LLC for dealer open lot insurance and by Risk Point Underwriting Managers, LLC for garage package insurance.
- Applied Claims Group, LLCcoreClaims service provider for Dealer Open Lot Insurance claims. Managed from Risk Point's Dallas, Texas headquarters. Contact: Mimi Zepeda. Claims can be reported online, by phone (800-597-7790), email ([email protected]), or fax (800-337-8131).
- ProSight SpecialtyminorAlternative claims reporting partner for certain coverage lines. Provides online claim reporting portal as an additional service option.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
RISK POINT competitors and assessment
Company assessmentBroad incumbents
- Assurant: Assurant provides specialty protection products for auto dealers (F&I and service contracts) and operates in adjacent dealer risk products, making it a comparable specialty player with broader consumer-product reach.
- Travelers: Travelers underwrites commercial auto and garage coverage for auto dealers as part of its broader commercial P&C portfolio, competing for the same dealer accounts that Risk Point serves via independent agents.
- CNA Financial: CNA writes commercial auto, garage, and inland marine coverage for auto dealers as part of its commercial P&C portfolio, providing competing capacity for the same garage and dealer risk classes.
- Liberty Mutual Insurance: Liberty Mutual writes commercial auto, garage liability, and dealer open lot coverage within its large commercial P&C book, competing with Risk Point for franchised and non-franchised dealer accounts.
Direct peers
- Dealertrack Insurance Solutions (Cox Automotive): Dealertrack offers digital insurance and F&I solutions tailored to auto dealers and is embedded into dealership DMS workflows, competing for the same dealer risk-transfer budgets as Risk Point.
- Interstate National Dealer Services: Interstate National provides F&I products and dealer-specific protection plans (VSC, GAP, credit insurance) distributed through auto dealers, overlapping with Risk Point's dealer customer base and channel.
- Protective Asset Protection: Protective Asset Protection offers F&I products and dealer protection plans marketed through dealer networks, addressing similar dealer-side risk and service needs as Risk Point's Garage and Open Lot programs.
- Lancer Insurance Company: Lancer is a specialty auto insurer that focuses on auto dealer physical damage, garage, and taxi/livery coverage, making it one of the closest direct competitors to Risk Point's Dealer Open Lot and Garage Package products.
- Zurich North America: Zurich's Universal Underwriters Group is a long-standing direct competitor in franchised dealer garage insurance, offering garage liability, garage keepers, and dealer Open Lot coverage through agents—directly overlapping Risk Point's two core product lines.
Emerging players
- AGWS (Automotive Guarantee & Warranty Solutions): AGWS is an F&I product administrator serving franchised auto dealers with warranty and protection products, competing for dealer wallet share and operating in a closely adjacent specialty distribution channel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks4 records
Key highlights6 records
Customer concentration
RISK POINT social profiles
Digital presenceRISK POINT compliance and trust
Trust signalCompliance2 records
RISK POINT financial estimates
Financial estimateRevenue estimate
Valuation estimate
RISK POINT leadership team
Management profileNumber of profiles
Profiles2 records
RISK POINT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RISK POINT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RISK POINT
What does RISK POINT do?
Risk Point is a specialty insurance platform that provides auto dealership insurance coverage through two core programs: Dealer Open Lot Insurance (physical damage coverage including comprehensive, collision, and false pretense for vehicles on dealer lots) and Garage Package Insurance (broad multi-line package policy for franchised dealer operations covering garage liability, general liability, garage keepers, property, commercial auto, crime, cyber, pollution liability, and umbrella). Coverage is underwritten by Risk Point Mobility Underwriters, LLC and Risk Point Underwriting Managers, LLC, and distributed exclusively through independent retail agent partners nationwide.
Is RISK POINT a public or private company?
RISK POINT is a private company. It is classified as corporate owned and is currently operating.
When was RISK POINT founded?
RISK POINT was founded in 2013. It employs 51 to 100 people.
Where is RISK POINT based?
RISK POINT is headquartered in Dallas, United States, in the North America region.
How does RISK POINT make money?
Two revenue lines are on record. Dealer Open Lot Insurance is the primary driver. The others are garage Package Insurance.
Who are RISK POINT's main competitors?
Broad incumbents on record are Assurant, Travelers, CNA Financial and Liberty Mutual Insurance. Direct peers are Dealertrack Insurance Solutions (Cox Automotive), Interstate National Dealer Services, Protective Asset Protection, Lancer Insurance Company and Zurich North America. AGWS (Automotive Guarantee & Warranty Solutions) is listed as an emerging player.
Does RISK POINT have an API?
No public API is recorded for RISK POINT.
What industry is RISK POINT in?
RISK POINT's product category is Auto Dealership Insurance. Its primary akta.pro industry code is FSAJABAF, Garage Liability & Dealers (Auto Dealers, Repair Shops), with a secondary code of FSAJAMAB, Commercial Auto & Fleet Insurance. Its NAICS code is 524126 and its SIC code is 6331.