WCRIBMA
WCRIBMA is a Massachusetts state-licensed, non-profit rating bureau founded in 1915 that collects data, files rates, and administers the Assigned Risk Pool for workers' compensation insurance on behalf of member insurers, agents, employers, and regulators.
- Company typePrivate
- Founded1915
- HeadquartersBoston, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What WCRIBMA does
WCRIBMA (The Workers' Compensation Rating and Inspection Bureau of Massachusetts) is a private non-profit unincorporated association of insurers, founded in 1915 and licensed by the Massachusetts Division of Insurance as the official rating organization for workers' compensation insurance in the state. The organization collects policy, claims, and financial data from every carrier licensed to write workers' compensation in Massachusetts, files rates, classifications, and rating plans on behalf of member insurers, and acts as the state's designated workers' compensation statistical agent and Assigned Risk Pool Administrator.
Its core technology is a web-based platform comprising the ARCHER system (Advanced Reporting, Collaboration, Handling, Editing and Review) — launched in 2025 as the first phase of a multi-year IT modernization replacing the legacy SOSA system — alongside SOAR (Secure Online Assigned Risk) for assigned risk pool submissions and a suite of calculation tools including the Voluntary Market Premium Algorithm, Residual Market Premium Algorithm, Experience Rating/ARAP/Merit Rating Calculator, Class Code Lookup, and Online MCCPAP application. Additional offerings include data reporting services (policy, unit statistical, aggregate financial, indemnity, medical), pricing programs (Premium Discount, Merit Rating, QLMP, MCCPAP), and reference materials aligned with NCCI standards.
WCRIBMA monetizes through assessments charged to member insurers for rate filing, data collection, and pool administration, operating a captive non-profit cost-recovery model. Its go-to-market is sales-led and direct, segmented across member insurers (the primary customer unit), employers, insurance agents and producers, and regulatory bodies (Massachusetts Division of Insurance and Department of Industrial Accidents). Distribution is single-country/domestic, with services delivered through the website portal, self-service tools, and dedicated customer service contacts organized by topic. Pricing is not publicly disclosed, consistent with the membership-association structure.
WCRIBMA firmographics
Firmographics- Name
- WCRIBMA
- Legal name
- The Workers' Compensation Rating and Inspection Bureau of Massachusetts
- Website
- https://wcribma.org
- Company type
- Private
- Founded year
- 1915
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- WCRIBMA is a Massachusetts state-licensed, non-profit rating bureau founded in 1915 that collects data, files rates, and administers the Assigned Risk Pool for workers' compensation insurance on behalf of member insurers, agents, employers, and regulators.
- Ownership category
- akta.pro rank
WCRIBMA industry classification
Industry- Product category
- Workers' Compensation Insurance Rating Services
- NAICS
- Insurance Carriers and Related Activities (524)
- SIC
- Services-Membership Organizations (8600), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Workers’ Compensation Insurance (FSAJAKAM)
Keywords
Where WCRIBMA is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
WCRIBMA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure
Revenue model
- Member Insurer Assessments: WCRIBMA operates as a private non-profit unincorporated association of insurers, generating revenue through assessments charged to member insurers for services including rate filing, data collection, and pool administration.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels2 records
WCRIBMA product offering
Product offeringCore offering
WCRIBMA is the licensed rating organization for workers' compensation insurance in Massachusetts, operating as a private non-profit association of insurers. It collects policy, claims, and financial data from all carriers, files rates, classifications and rating plans on behalf of member insurers, administers the Assigned Risk Pool, and provides online tools and platforms (ARCHER, SOAR, premium calculators, class code lookup) for data management and rating calculations.
Product overview
WCRIBMA (Workers' Compensation Rating and Inspection Bureau of Massachusetts) is a private non-profit unincorporated association providing a comprehensive web-based platform for workers' compensation insurance rating, data collection, and administration in Massachusetts. The organization operates as a licensed rating organization serving insurers, regulators, insurance agents, and employers since 1915. The core product portfolio includes ARCHER (the secure member portal replacing legacy SOSA system) and SOAR (Secure Online Assigned Risk) for assigned risk pool management. The platform offers an integrated suite of calculation tools including the Experience Rating/ARAP/Merit Rating Calculator, Residual Market Premium Algorithm Calculator, Voluntary Market Premium Algorithm Calculator, and Class Code Lookup with enhanced descriptions and historical rating information. Data reporting services cover policy, unit statistical, aggregate financial, indemnity, and medical data. The offering also includes various credit and discount programs including the Premium Discount, Merit Rating Program, Qualified Loss Management Program (QLMP), and MA Construction Classification Premium Adjustment Program (MCCPAP). The architecture is a unified web-based platform with multiple integrated tools accessed through a common navigation structure, all supporting the Massachusetts workers' compensation insurance ecosystem.
Differentiator
Problem solved
Functional benefit
Companies that use WCRIBMA
Customer profileSegments4 records
Ideal customer profiles4 records
WCRIBMA technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
WCRIBMA partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NCCI (National Council on Compensation Insurance)coreNCCI provides reference materials and manual standards used by WCRIBMA. WCRIBMA references NCCI's Experience Rating Plan Manual and Terrorism Risk Insurance Program Disclosure Endorsement in its operations. The organizations work together on industry-wide standards for workers' compensation insurance.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
WCRIBMA competitors and assessment
Company assessmentDirect peers
- Workers' Compensation Insurance Rating Bureau of California (WCIRB): WCIRB performs the same licensed rating organization, statistical agent, and inspection bureau functions in California that WCRIBMA performs in Massachusetts, making it a near-perfect structural peer across products, customer segments, and regulatory mandate.
- Compensation Advisory Organization of Michigan: CAOM provides rate filing, classification, and statistical services for workers' compensation in Michigan, paralleling WCRIBMA's functions for Massachusetts under a similar licensed advisory organization model.
- NCCI (National Council on Compensation Insurance): NCCI is the dominant national workers' compensation rating, data, and analytics organization serving most U.S. states. It is the most directly comparable organization to WCRIBMA, which already references NCCI manuals and rating plans in its Massachusetts operations.
- Workers' Compensation Insurance Organizations (WCIO): WCIO is the national association of state workers' compensation rating and advisory organizations. WCRIBMA is a member, and WCIO sets cross-state data standards and coordinates the activities of bureaus like WCRIBMA.
- New Jersey Compensation Rating & Inspection Bureau: NJCrib is the designated rating and inspection bureau for New Jersey workers' compensation, with a mandate, member-driven non-profit structure, and service offering directly comparable to WCRIBMA.
- Pennsylvania Compensation Rating Bureau (PCRB): PCRB is the licensed rating bureau for workers' compensation in Pennsylvania, operating as a non-profit association of insurers that files rates, classifications, and rating plans — directly analogous to WCRIBMA's role in Massachusetts.
Regional players
- Workers Compensation Fund of Utah: WCF Utah is a state-specific workers' compensation insurer servicing Utah employers, comparable as a single-state workers' comp operating entity, though its role as a carrier (not a rating bureau) makes it a more regional/adjacent peer to WCRIBMA.
Broad incumbents
- Insurance Services Office (ISO) / Verisk: ISO, a Verisk business, provides commercial property/casualty rating, statistical, and advisory services across the broader insurance market. While not a workers' comp specialist, it competes in adjacent data, analytics, and rating bureau functions and represents a broader incumbent peer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
WCRIBMA financial estimates
Financial estimateRevenue estimate
Valuation estimate
WCRIBMA leadership team
Management profileNumber of profiles
WCRIBMA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WCRIBMA 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 WCRIBMA
What does WCRIBMA do?
WCRIBMA is the licensed rating organization for workers' compensation insurance in Massachusetts, operating as a private non-profit association of insurers. It collects policy, claims, and financial data from all carriers, files rates, classifications and rating plans on behalf of member insurers, administers the Assigned Risk Pool, and provides online tools and platforms (ARCHER, SOAR, premium calculators, class code lookup) for data management and rating calculations.
Is WCRIBMA a public or private company?
WCRIBMA is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was WCRIBMA founded?
WCRIBMA was founded in 1915. It employs 51 to 100 people.
Where is WCRIBMA based?
WCRIBMA is headquartered in Boston, United States, in the North America region.
How does WCRIBMA make money?
One revenue line is on record: member Insurer Assessments.
Who are WCRIBMA's main competitors?
Direct peers on record are Workers' Compensation Insurance Rating Bureau of California (WCIRB), Compensation Advisory Organization of Michigan, NCCI (National Council on Compensation Insurance), Workers' Compensation Insurance Organizations (WCIO), New Jersey Compensation Rating & Inspection Bureau and Pennsylvania Compensation Rating Bureau (PCRB). Workers Compensation Fund of Utah is listed as a regional player. Insurance Services Office (ISO) / Verisk is listed as a broad incumbent.
Does WCRIBMA have an API?
No public API is recorded for WCRIBMA.
What industry is WCRIBMA in?
WCRIBMA's product category is Workers' Compensation Insurance Rating Services. Its primary akta.pro industry code is FSAJAKAM, Workers’ Compensation Insurance. Its NAICS code is 524 and its SIC code is 8600.