Dealer Risk Services
- Company typePrivate
- Founded1968
- HeadquartersIndialantic, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Dealer Risk Services firmographics
Firmographics- Name
- Dealer Risk Services
- Legal name
- Dealer Risk Services, LLC
- Website
- https://dealerriskservices.com
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Dealer Risk Services industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Garage Liability & Dealers (Auto Dealers, Repair Shops) (FSAJABAF)
- akta.pro secondary industries
- Commercial Auto & Fleet Insurance (FSAJAMAB), Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ), Dealer-Sold & F&I Administered Service Contracts (Dealer Obligors) (FSAJALAD)
Keywords
Where Dealer Risk Services is headquartered
LocationHeadquarters
- HQ city
- Indialantic
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Dealer Risk Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Brokerage Commissions: Earn commissions from insurance carriers for placing dealership insurance coverage including garage liability, property, workers compensation, commercial umbrella, and other dealership-specific policies.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Dealer Risk Services product offering
Product offeringCore offering
Dealer Risk Services operates as a specialty insurance brokerage and risk management firm serving automobile dealerships. The company places dealership-specific insurance coverage (garage liability, property, workers compensation, commercial umbrella, cyber, D&O, EPLI, inventory coverage) with carriers and earns brokerage commissions. In addition to insurance placement, DRS delivers risk management consulting, custom program development, education (webinars, Diamond Preferred Dealer Guide, speaking events), and administers a captive insurance program that enables dealers to stabilize garage packages and potentially receive a return of underwriting profit.
Product overview
Dealer Risk Services provides a comprehensive suite of insurance and risk management services specifically designed for automobile dealerships. The company operates as a specialty insurance agency offering core services including Risk Management consulting, Product/Program Development, Education (webinars, dealer guides, speaking events), and Captive Program administration. Their insurance portfolio encompasses both liability and property coverage lines: Garage Liability, Commercial Umbrella, Workers' Compensation, Property Insurance, Business Interruption, Inventory/Dealers Open Lot coverage, Employment Practices Liability, Crime Coverage, Cyber Security, Directors and Officers Liability, Active Shooter Coverage, Terrorism Coverage, and Kidnap and Ransom Coverage. The company also provides education through the Diamond Preferred Dealer Guide and educational webinars. Founded in 1968, DRS serves as an intermediary helping dealerships navigate the insurance marketplace while providing claims handling support.
Differentiator
Problem solved
Functional benefit
Brands
- DRS Insurance Group: Personal lines insurance brand operated by Dealer Risk Services.
- DMG Captive
Products and services
- Risk Management Consulting Comprehensive risk management consulting for automobile dealerships, identifying, assessing, and mitigating risks through insurance placement, policy and procedure development, and loss control guidance to reduce or eliminate exposure.
Quantifiable outcome
- 24-hour or less turnaround on certificate requests
- +1 more outcomes
Companies that use Dealer Risk Services
Customer profileSegments1 record
Ideal customer profiles1 record
Dealer Risk Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Dealer Risk Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Dealer Management GroupcoreRelated entity managing captive insurance programs for dealerships. Dealers have been using offshore reinsurance companies to house their F&I business, and the same concept is applied to other insurance needs through captive arrangements that allow dealers to stabilize garage packages and secure return of underwriting profit.
Scale indicators3 records
Dealer Risk Services competitors and assessment
Company assessmentRegional players
- Worldwide Facilities: National wholesale insurance broker with strong regional presence and specialty commercial expertise. Comparable to DRS in specialty brokerage activities, with heavier concentration in western US markets where DRS also has presence.
Broad incumbents
- USI Insurance Services: Large national insurance brokerage with industry-specific practices including automotive. Comparable to DRS as a competitor for mid-market dealership accounts, while operating a much broader portfolio across many industries.
- RPS (Risk Placement Services): Specialty wholesale brokerage placing complex and niche commercial risks. Comparable to DRS in specialty brokerage intermediation, though RPS operates at significantly broader scale and across many verticals beyond auto dealerships.
- Arthur J. Gallagher (Dealership Practice): Global insurance brokerage with a dedicated automotive dealership practice. Competes with DRS for mid-market and large dealer groups, though its broader portfolio and scale differentiate it as a broad incumbent operating in the same vertical.
- Marsh McLennan (Auto Dealership Industry Group): Global risk and insurance services firm serving large dealer groups and captive programs. Comparable to DRS at the high end of the dealership market, with overlapping capabilities in risk advisory, captive administration, and specialty placements.
- Hub International: North American insurance brokerage with automotive dealer industry expertise and captive management capabilities. Comparable to DRS in serving dealerships and operating captive structures, but at significantly larger scale and broader geographic reach.
Emerging players
- One80 Intermediaries: Specialty insurance intermediary formed through rollup acquisitions of niche agencies. Comparable to DRS in operating as a specialty broker and a potential rollup consolidator in the dealership insurance niche.
Direct peers
- Burns & Wilcox: Specialty insurance wholesaler and broker placing complex commercial risks including auto dealer exposures. Comparable to DRS in specializing in harder-to-place commercial lines for niche verticals.
- Brown & Riding Insurance Services: Specialty wholesale brokerage and retail broker with deep expertise in niche commercial risks. Comparable to DRS in operating as a specialist intermediary focused on harder-to-place commercial coverages for specific industry verticals.
- Dealer Insurance Group: Specialty insurance agency focused exclusively on automobile dealerships, offering garage liability, dealers open lot, and dealer-specific coverage. Directly comparable to DRS in product scope, target customer, and brokerage-only distribution model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Dealer Risk Services social profiles
Digital presenceDealer Risk Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dealer Risk Services leadership team
Management profileNumber of profiles
Profiles1 record
Dealer Risk Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dealer Risk Services 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 Dealer Risk Services
What does Dealer Risk Services do?
Dealer Risk Services operates as a specialty insurance brokerage and risk management firm serving automobile dealerships. The company places dealership-specific insurance coverage (garage liability, property, workers compensation, commercial umbrella, cyber, D&O, EPLI, inventory coverage) with carriers and earns brokerage commissions. In addition to insurance placement, DRS delivers risk management consulting, custom program development, education (webinars, Diamond Preferred Dealer Guide, speaking events), and administers a captive insurance program that enables dealers to stabilize garage packages and potentially receive a return of underwriting profit.
Is Dealer Risk Services a public or private company?
Dealer Risk Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Dealer Risk Services founded?
Dealer Risk Services was founded in 1968. It employs 1 to 10 people.
Where is Dealer Risk Services based?
Dealer Risk Services is headquartered in Indialantic, United States, in the North America region.
How does Dealer Risk Services make money?
One revenue line is on record: insurance Brokerage Commissions.
Who are Dealer Risk Services's main competitors?
Worldwide Facilities is listed as a regional player. Broad incumbents are USI Insurance Services, RPS (Risk Placement Services), Arthur J. Gallagher (Dealership Practice), Marsh McLennan (Auto Dealership Industry Group) and Hub International. One80 Intermediaries is listed as an emerging player. Direct peers are Burns & Wilcox, Brown & Riding Insurance Services and Dealer Insurance Group.
Does Dealer Risk Services have an API?
No public API is recorded for Dealer Risk Services.
What industry is Dealer Risk Services in?
Dealer Risk Services's product category is Commercial Insurance Brokerage. 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 524210 and its SIC code is 6331.