Steven Gibson

Steven P. Gibson is the President of Dealer Risk Services, Inc., a Florida based Risk Management firm that specializes in providing insurance expertise to the Automotive Industry. A native Floridian and a graduate of the University of Florida, Gibson began his insurance career at the Agency level working with complex industrial risks in the Phosphate Industry of central Florida.

Over the past three decades, he has served the Auto Industry as an Account Executive, an Agency Owner, the Founder and Program Manager for a Dealer Owned Group Captive, a Risk Management Consultant, and a Product Developer.

As an Account Manager, Gibson was the Top Producer for both Universal Underwriters/Zurich and John Deere/Sentry Insurance companies. It is during his tenure with Universal Underwriters that Gibson gained a unique understanding of the Automobile sales transaction process and the exposure to suits arising out of F & I offices.

As an Independent Agency Owner, Gibson secured contracts with Travelers, AIG, Liberty Mutual, and a host of ancillary carriers that provide coverage for the Automotive Industry.

In 2006, he assisted a group of Dealers in the formation of a Captive Insurance Company. Gibson developed the specific policy verbiage and negotiated with the Reinsurance and TPA Markets in the creation of the program. His firm served as Program Manager and worked closely with the Captive Management Team in the Cayman Islands. Recognizing the accomplishment, Gibson was featured in Automotive News for the development of Dealer Management Group.

As a Risk Manager and Consultant, Gibson has worked with large Dealership Groups to develop insurance specifications, create disaster preparedness programs, facilitate coverage placement, and initiate loss control processes that prevent Dealership claims.

His passion is using his experience and ‘’real life examples’’ to educate the Automotive Industry. Gibson has conducted workshops at NADA, NADC, AutoCPA, and for various CFO/Controller Groups. As a columnist, he is a frequent contributor to industry publications and is considered a recognized source of insurance expertise throughout the country.

DRS serves the Dealer Community nationwide in the area of Product Development. The company’s forte is the creation of specialty programs that fill the coverage gaps in the garage coverage forms used by major Dealership Insurers.

Using their unique level of expertise, Gibson and his firm have again created and launched a Member Owned Group Captive to counter the growing insurance market voids in the Automotive Industry.

It is the unique understanding of the insurance marketplace and the needs of the Automotive Industry that make Steven Gibson and DRS unique.