About Us


Dealers Assurance Company (DAC) is a Property & Casualty insurance company, and a subsidiary of iA Financial Group (TSE: IAG). We primarily serve the automotive and consumer goods industries, and are licensed to write insurance in all 50 states and the District of Columbia. Our primary business strategy is to write both first dollar and aggregate excess-of-loss contractual liability policies for administrator obligors that sell, service, and pay claims for extended service contracts sold on vehicles or consumer goods. We are domiciled in Ohio, with a corporate office in Dallas, Texas.

What We Bring to the Table

  • Financial backing of iA Financial Group – over $170 billion (Canadian) in assets
  • Management team of industry professionals
  • Reinsurance structures and expertise
  • Competitive pricing and flexibility
  • Risk management and product development support
  • Regulatory acumen and assistance
  • Fully staffed Compliance Department
  • Member of key industry association groups
  • Licensed obligor solutions where administrator lacks approval
  • Filing services available for licensing and form filings

Our Financial Size


Since April 2014, DAC has been an A.M. Best Financial Size Category VII company. Previously, DAC was a Category VI company. Category VII is the designation for companies with total policyholder surplus between $50 million and $100 million. DAC currently has close to $70 million in policyholder surplus.

Our A.M. Best Rating

In February 2018, the A.M. Best Company once again reaffirmed DAC’s Financial Strength Rating of A- (Excellent). DAC has maintained this rating since 1986. Founded in 1899, the A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. To view our current rating, please visit www.ambest.com (registration required).

About iA Financial Group (iA)

With over $170 billion (Canadian) in assets as of June 2018, iA is one of the largest life and health insurance companies in Canada, and one of Canada’s biggest F&I providers. To learn more about iA, please visit www.ia.ca.

Consistent Profitability and Growth

Please note that these are the most current available figures as of September 2018:

Our History


DAC enjoys a heritage that spans over 80 remarkable years. The Company’s history began in 1935 with the creation of Mahoning Insurance Company, which was arguably the very first pure captive insurance company ever created. In 1980, Mahoning was purchased by Dealers Alliance Corporation, which changed Mahoning’s name to Dealers Assurance Company. In 2004, Dealers Alliance was acquired by DAC Financial Holdings, Inc. In 2018, DAC became a subsidiary of iA Financial Group.

Our Leadership


Kristen Gruber | PRESIDENT

With a well-deserved reputation for professionalism and high ethical standards, Kristen is a frequent speaker and leader in our industry. Throughout her career, she has focused on developing insurance solutions for agents, dealers, and OEMs. Kristen has worked in the insurance arena for over 25 years, much of it focused on the F&I industry. Prior to joining DAC, she spent 13 years with Great American Insurance Company in various Underwriting and Product Management roles, managing dealer aftermarket and risk management products, including excess wear and tear, vehicle service contracts, product warranties and finance reserve insurance. In addition, she has nine years of product development experience on the administrator/broker side of our business. Kristen completed her Chartered Property Casualty Underwriter (CPCU) designation and earned a business degree from St. Mary’s College in South Bend, Indiana, and an MBA from Thomas More College in Crestview Hills, Kentucky. Today, Kristen and her management team work to provide DAC's clients with the exceptional regulatory, compliance, and analytical support they need to grow their business.


Kirk is a leading expert on the regulatory, tax, and corporate structural aspects of the service contract and ancillary products industries. Kirk began his career in 1981 as an attorney in the Chicago offices of Lord, Bissell and Brook, rising to the level of partner and managing partner of the firm’s Los Angeles office. He was an original member of the NAIC Service Contracts Act Working Group, whose efforts spawned the adoption of the Service Contracts Model Act, a necessary progenitor to the proliferation of the administrator-obligor corporate structure. Kirk promoted the adoption of insurance company tax treatment for service contracts providers, which he successfully achieved for his client through the issuance of Technical Advice Memorandum 9601001 by the IRS in 1996. In 2006, Kirk became President and CEO of Dealers Assurance Company, and remained with us through 2013. We are very pleased Kirk has rejoined the DAC family


Linda  has more than 25 years of experience in Life, Property and Casualty Insurance accounting, including an extensive background in reinsurance. Prior to joining DAC, she held various leadership positions at the Associates Insurance Group, Price Waterhouse Coopers, and TIG Insurance. Linda has also served on the Financial Issues Committee for the Property Casualty Insurers Association of America, a trade association for the P&C industry. She has a BA in Business Administration with an emphasis in Accounting from the University of Texas at Dallas.


With over 30 years of insurance experience, Lisa brings a wealth of compliance knowledge to the organization. Prior to joining DAC in 2014, she spent 27 years at Warrantech/AmTrust in various leadership and management positions, with an emphasis on compliance. In addition to handling all of DAC’s corporate compliance needs, Lisa is our company expert regarding the ever-changing legal landscape for F&I products. She works closely with DAC’s partners to ensure that their obligor companies are properly licensed, their agents are appointed where necessary, and their products are compliant.


Contact Us


If you have any questions, or wish to learn more about DAC, please contact us today.

Dallas, TX:

15920 Addison Road,
Addison, TX 75001
Toll-Free: 800-282-8913

Columbus, OH  
(remaining open through March 2019):

240 N. Fifth St.,
Suite 350

Columbus, OH 43215

Toll-Free: 800-282-8913

Direct: 614-459-0364

General Questions:
 [email protected]

Underwriting Your Products:
[email protected]


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