Driven Risk

Driven Risk

Driven Risk, a homogeneous group captive insurance company for auto dealers, specifically designed for its unique needs and exposures. Driven Risk’s member owners are outstanding auto dealers with the highest commitment to risk and loss prevention.
Ideal candidates of Driven Risk exhibit the following characteristics:

• Franchise Auto Dealer, single or multi-store, privately held

• Entrepreneurial & innovative mindset

• Desire to take risk with other “best-in-class” dealers across the US

• Good loss experience and strong controls in place

• Long-term focus to solve floor plan and other insurance placement challenges

Members of Driven Risk experience:

• Immediate control over premium cost – The general market has experience rapid hardening over last 24 months affecting several coverages critical to Auto Dealers like Garage Keepers Liability and Commercial Auto, both offered by Driven Risk with Workers Compensation

• Dedicated loss control resources, specialty benchmarking, and shared best practices leveraging a homogeneous approach

• Dramatic transparency on pricing, reduced fees, and ability to hand select service providers to drive program success

• The financial savings realized by countless group captive members across the United States in BevCap and GPW managed captive