Texas Council Risk Management Fund

What Texas Council Risk Management Fund does

Texas Council Risk Management Fund (TCRMF) is a Texas-licensed self-insurance pool formed in September 1988 by community centers established under Chapter 534 of the Texas Health and Safety Code. Its membership is restricted to centers that are also members of the Texas Council of Community Centers, essentially the universe of Texas mental-health and intellectual/developmental-disability (IDD) providers. The Fund pools member exposure to deliver three core insurance lines: workers' compensation (including a retrospectively rated Minimum Contribution Plan), multi-line liability (automobile, general, professional, and public-officials E&O with limits up to $5M), and property coverage. Coverage is paired with a suite of risk-management services — site surveys, safety training, legal consultation, online training via NEOGOV, and IT risk-control/cyber vulnerability scans via KYND — that distinguish it from a pure insurance product.

Operations are administered by Sedgwick under the Juris claims-management platform, with an in-house staff of roughly 11-50 employees reporting through a VP/Program Executive to a nine-member Board of Trustees elected by members. Governance carries AGRiP Advisory Standards recognition, a designation held by roughly a quarter of US governmental risk pools. TCRMF is also a co-founder (2006) of the Political Subdivision Workers' Compensation Alliance (PSWCA), which collectively represents 3,000+ Texas public employers and 500,000+ employees and provides shared healthcare-provider networks.

The revenue model is subscription-style: members pay recurring contributions sized to their exposure (payroll, vehicles, property values) and prior loss experience, with retrospective adjustments on the MCP plan calculated over a six-year window. Pricing is not publicly disclosed; each member receives a custom quote. TCRMF is not a venture-backed or equity-financed entity — it is member-owned, private, and does not publish revenue. Distribution is entirely relationship-based: community centers enter interlocal agreements to join, sourced through the Texas Council network and direct member-services outreach.

Name

Texas Council Risk Management Fund

Legal name

Texas Council Risk Management Fund

Website

https://tcrmf.org

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Texas Council Risk Management Fund is a self-insurance pool formed in 1988 to provide workers' compensation, liability, and property coverage — plus risk-management, training, and cyber services — exclusively to Texas mental-health and IDD community centers.

Ownership category

akta.pro rank

Product category

Public Entity Self-Insurance Pool

NAICS

Other Insurance Funds (525190)

SIC

Accident & Health Insurance (6321), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Nonprofit / Social Services BOP (FSAJAFAM)

Keywords

• Public entity insurance pool
• Self-insurance fund
• Workers compensation coverage
• Risk management services
• Liability and property coverage

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Member Contributions (Self-Insurance Premiums): Members pool resources through contributions to fund the self-insurance program. Contributions are based on exposure basis (payroll, vehicles, property values) and loss experience. The Fund offers a Minimum Contribution Plan (MCP) where contributions are determined based on actual member losses subject to maximum and minimum amounts.
2. Minimum Contribution Plan (MCP) Retrospective Adjustments: For workers' compensation, members on MCP plans pay monthly installments based on actual payrolls, with retrospective adjustments calculated annually based on reported losses over a six-year period.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Texas Council Risk Management Fund is a member-owned self-insurance pool that provides Texas community centers with workers' compensation coverage, multi-line liability coverage (automobile, general, professional, and public officials errors & omissions), and property coverage. The Fund also bundles risk control services, legal consultation, cyber vulnerability scans, training and education programs, and an online claims intake portal (Juris Global Intake) for member community centers operating in the mental health and IDD services space.

Product overview

Texas Council Risk Management Fund (TCRMF) is a self-insurance pool for Texas community centers offering Workers' Compensation Coverage, Liability Coverages (automobile, general, professional, and public officials E&O), and Property Coverage. The Fund provides supplementary services including Cyber Risk Control Services, Risk Control Services, Legal Consultation, Risk Management Consultations, and Training and Education programs. TCRMF also offers claims submission tools including the Juris Global Intake online portal. The Fund is administered by Sedgwick and partners with the Political Subdivision Workers' Compensation Alliance (PSWCA) for healthcare provider networks.

Differentiator

Problem solved

Functional benefit

Brands

• Political Subdivision Workers' Compensation Alliance (PSWCA): A network of healthcare providers founded by TCRMF and four other public entity pools in 2006 to provide workers' compensation healthcare services to injured employees.

Products and services

• Workers' Compensation Coverage Workers' compensation coverage complying with Texas Labor Code benefits, covering medical bills and income benefits for on-the-job injuries. Includes an alternative Minimum Contribution Plan (MCP) where contributions are determined based on actual member losses with retrospective adjustments over a six-year period. Designed for Texas community center members.
• Liability Coverages Comprehensive liability program including automobile liability (AL), general liability (GL), professional liability (PL), and public officials errors & omissions liability (E&O). Offers limit options up to $5 million with standard deductibles ranging from $1,000 to $50,000. AL and GL are provided on an 'occurrence' basis; PL and E&O on a 'claims-made' basis. For Texas community center members.
• Property Coverage Property program including boiler and machinery, automobile physical damage, and property coverage with broad form protection. Features include all-risk coverage, blanket limit basis, replacement cost basis, no coinsurance penalty, and automatic coverage for newly acquired locations and property under construction. Minimum property deductible option is $1,000; standard automobile physical damage deductibles are $500 and $1,000. For Texas community center members.
• Risk Control Services

Quantifiable outcome

• Over 35 years of continuous operation providing coverage to Texas community centers
• +1 more outcomes

Named customers10 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• Political Subdivision Workers' Compensation Alliance (PSWCA)coreStrategic or Co-development Partner · 1 January 2006Founded in 2006 by TCRMF along with four other public entity pools: Texas Water Association Risk Management Fund, Texas Association of Counties Risk Management Pool, Texas Association of School Boards Risk Management Fund, and Texas Municipal League Intergovernmental Risk Pool. The Alliance provides workers' compensation coverage and claims services, assembling a network of physicians and healthcare providers for injured workers. TCRMF participates collectively with over 3,000 public employers and 500,000 employees represented through the Alliance.
• SedgwickcoreStrategic or Co-development PartnerSedgwick serves as the Fund Administrator for TCRMF, providing claims management (Juris system), program management, member services, underwriting, and administrative support. Sedgwick also administers the Texas Water Association Risk Management Fund.
• KYNDsupportingTechnology or IntegrationKYND provides cybersecurity vulnerability scanning services for TCRMF members. Contracted by the TCRMF Board to assist members with identifying threats and gaps in security policies.
• NeogovsupportingTechnology or IntegrationNeogov provides online safety training courses accessible to member employees. Previously known as FirstNet Learning. Topics include general safety, driver training, and human resources courses.
• York PoolingsupportingTechnology or IntegrationYork Pooling serves as the administrator referenced in staff contact listings, handling certain program management functions for the Fund.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Arthur J. Gallagher & Co. Large insurance brokerage and risk-management services firm with a dedicated public-entity practice that competes with self-insurance pools for government and nonprofit accounts. Comparable because Gallagher offers the integrated brokerage/claims-administration stack that public pools like TCRMF must match to retain members.
• Sedgwick: TCRMF's third-party administrator handling claims (Juris/ViaOne), underwriting, and member services globally. While not a risk pool itself, Sedgwick is a broader insurance-services incumbent whose public-entity practice is both TCRMF's enabler and a potential alternative should TCRMF members seek direct commercial coverage.
• Marsh & McLennan: Global insurance brokerage and risk-advisory leader with significant public-sector and healthcare-segment practices. Comparable as a larger, established incumbent whose capabilities and brand compete with the integrated service model that risk pools like TCRMF offer to public entities.

Direct peers

• York Risk Services Group (York Pooling): Third-party administrator referenced in TCRMF operations that specializes in public-entity and risk-pool administration; serves as a direct competitive alternative or co-administrator for similar self-insurance pools. Highly comparable because their operating capabilities determine TCRMF's day-to-day service quality.
• Texas Water Association Risk Management Fund: Co-founder of the Political Subdivision Workers' Compensation Alliance alongside TCRMF in 2006. Operates as a structurally identical self-insurance risk pool for Texas water/wastewater utilities, sharing the same Sedgwick administration infrastructure and providing directly comparable workers' comp, liability, and property coverages to a Texas public-entity membership.
• Texas Municipal League Intergovernmental Risk Pool: PSWCA co-founder serving Texas cities and municipalities through an intergovernmental risk pool structure. Operates a near-identical coverage stack and member-funded model as TCRMF, and partners through the same Alliance, making it one of the most comparable peers in coverage mix, scale, and governance.
• Texas Association of Counties Risk Management Pool: Another PSWCA co-founder pool, providing self-insured coverage (workers' comp, liability, property) to Texas county governments. Same interlocal agreement structure, same Alliance healthcare-provider network, and same administrative profile — a near-twin operating model serving an adjacent Texas public-entity vertical.
• Texas Association of School Boards Risk Management Fund: The fourth PSWCA co-founder; offers self-insured workers' comp, liability, and property to Texas school districts. Shares the same statewide Alliance architecture, regulatory environment, and pool governance model — directly comparable in products, customer type (public entities in Texas), and mission.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/txcouncil_fund

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Texas Council Risk Management Fund