Park District Risk Management Agency

What Park District Risk Management Agency does

Park District Risk Management Agency (PDRMA) is a member-owned and member-controlled Illinois risk pooling organization founded in 1984 and headquartered in Lisle, Illinois. It serves more than 160 Illinois park districts, forest preserve districts, conservation districts, and Special Recreation Associations by providing property/casualty coverage and pooled health benefits as an alternative to commercial insurance. The organization is governed by member representatives through a Membership Assembly, Program Councils, and a Board of Directors.

The product portfolio comprises a Property/Casualty Coverage Program covering risks such as general liability, vehicle liability, property damage, cyber liability, workers’ compensation, pollution liability, crime, and related exposures, and PDRMA Health, which offers medical, dental, vision, hearing, life insurance, and employee assistance benefits through partners including Blue Cross and Blue Shield of Illinois, Delta Dental, Davis Vision, EPIC Hearing HealthCare, Lincoln Financial Group, and Ulliance. PDRMA’s operating infrastructure is service-heavy rather than software-native: it uses in-house claims management, in-house attorneys, assigned risk management consultants, benefits administration, online benefits management, online claim reporting, training/eLearning, and the PATH wellness portal powered by Personify Health.

PDRMA monetizes through recurring annual member contributions for Property/Casualty and Health coverage; public pricing is not disclosed and appears tied to member contribution processes. Health coverage serves nearly 90 member organizations and more than 5,000 employees and dependents, while broader property/casualty membership spans more than 160 organizations. Go-to-market is direct membership outreach to eligible Illinois entities, supported by member governance, newsletters, social media, training programs, and an online Become A Member inquiry path; members receive a 5% discount on their Property/Casualty annual contribution when also participating in Health coverage.

Name

Park District Risk Management Agency

Legal name

Park District Risk Management Agency

Website

https://pdrma.org

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Park District Risk Management Agency is a member-owned Illinois risk pool providing property/casualty coverage, pooled health benefits, claims, legal, risk-management, wellness, and training services to park districts, forest preserves, conservation districts, and special recreation associations.

Ownership category

akta.pro rank

Product category

Governmental Risk Pool / Intergovernmental Insurance and Benefits Pooling

NAICS

Insurance and Employee Benefit Funds (5251), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Fire, Marine & Casualty Insurance (6331), Hospital & Medical Service Plans (6324)

akta.pro primary industry

Stop-Loss & Reinsurance Administration (Captive/Level-Funded Support) (HLAEALAB)

akta.pro secondary industry

Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Governmental risk pooling
• Property casualty coverage
• Employee health benefits
• Self-insured risk management
• Intergovernmental insurance pool

Headquarters

HQ city

Lisle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property/Casualty Membership Contributions: Annual membership contributions from Illinois park districts, forest preserve districts, conservation districts, and Special Recreation Associations for comprehensive property/casualty coverage including general liability, vehicle liability, property damage, cyber liability, workers compensation, and other coverages. New members have saved an average of 35% over the commercial market.
2. Health Coverage Program Contributions: Annual contributions for pooled health coverage including PPO, HMO, dental, vision, hearing, and life insurance. Nearly 90 member organizations covering more than 5,000 employees and dependents through pooled membership.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

PDRMA is a member-owned, member-controlled intergovernmental risk pool that delivers self-insured Property/Casualty coverage (general liability, vehicle liability, property, cyber liability, workers' compensation, pollution liability, crime, etc.) and pooled Health coverage (medical, dental, vision, hearing, life, EAP) to Illinois park districts, forest preserve districts, conservation districts, and Special Recreation Associations. Members receive in-house legal consultation, risk management consulting, 24/7 claims management, benefits administration, wellness programming (PATH), and education and training as part of or alongside coverage.

Product overview

PDRMA is a member-owned risk pooling organization offering two core coverage programs: Property/Casualty Coverage (bundled coverage including General Liability, Vehicle Liability, Property Damage, Cyber Liability, Workers' Compensation, and more) and Health Coverage (medical plans through BCBSIL, dental through Delta Dental, vision through Davis Vision, hearing through EPIC, and life insurance through Lincoln Financial). These core programs are supported by six service modules: Legal Consultation, Loss Control, Claim Management, Benefits Administration, Wellness and Prevention (PATH), and Education & Training. Members can participate in one or both programs and receive a 5% discount on Property/Casualty contribution when participating in both.

Differentiator

Problem solved

Functional benefit

Products and services

• Property/Casualty Coverage Program Comprehensive self-insured property/casualty coverage for Illinois park districts, forest preserve districts, conservation districts, and Special Recreation Associations. Bundles General Liability, Vehicle Liability, Property Damage, Cyber Liability, Boiler and Machinery, Workers' Compensation, Outbreak Expense, Business Interruption, Pollution Liability, Deadly Weapon Response, Crime, and Volunteer Medical Accident coverage.
• Health Coverage Program (PDRMA Health) Pooled health coverage program offering medical plans (PPO, HMO, HDHP with HSA options) through Blue Cross and Blue Shield of Illinois, dental through Delta Dental, vision through Davis Vision, hearing through EPIC Hearing HealthCare, life insurance through Lincoln Financial Group, and Employee Assistance Program through Ulliance, covering park district employees and dependents.
• Legal Consultation Services In-house legal counsel providing legal defense for covered claims, human resources counseling, policy and procedure review, incident management, and contract review/negotiation for Property/Casualty members.
• Loss Control Services Risk management consulting including field inspections, safety recommendations, and regulatory compliance guidance. Each Property/Casualty member is assigned a dedicated in-house Risk Management Consultant.
• Claim Management Services In-house claims management with 24/7 availability, online claim reporting, and seamless coordination with staff attorneys for defense of covered claims.
• Benefits Administration Services Health benefits support including plan selection assistance, online benefits management, open enrollment guidance, employee assistance, and COBRA/IMRF continuation administration.
• Wellness and Prevention Program (PATH) Premier wellness program featuring the Positive Activities Toward Health (PATH) online wellness portal, health coaching, biometric screening, fitness tracker integration, points-based incentives, and educational resources.
• Education and Training Services Member training including in-person classes, virtual sessions, eLearning courses, webinars, and the annual Risk Management Institute (RMI) conference for loss control, administrative management, and workforce wellness best practices.

Quantifiable outcome

• New members save 35% on average compared to commercial market
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered core.

• Blue Cross and Blue Shield of Illinois (BCBSIL)coreTechnology or IntegrationPrimary health insurance network partner providing PPO and HMO medical plan options through Blue Cross and Blue Shield of Illinois. Offers self-insured medical plans including PPO, PPO with HRA, and HDHP with HSA options. Hosts and updates Transparency in Coverage machine-readable files monthly.
• Delta DentalcoreTechnology or IntegrationDental coverage provider offering comprehensive dental plans with PPO or Premier network options. Includes Delta Dental To Go feature and optional orthodontia coverage.
• Davis VisioncoreTechnology or IntegrationVision coverage administrator providing choice of allowance or managed care plan options with three allowance options ($200, $400, $600) and two managed plan options (Silver and Gold).
• EPIC Hearing HealthCarecoreTechnology or IntegrationHearing coverage provider offering $1,500 benefit per device per year every five years with no age limit, plus contracted savings up to 80% on name-brand and private label devices.
• Lincoln Financial GroupcoreTechnology or IntegrationLife insurance coverage provider offering nine Basic coverage options with AD&D and optional Voluntary Life coverage.
• UlliancecoreTechnology or IntegrationEmployee Assistance Program (EAP) provider included for all benefits eligible employees, providing confidential support and resources for wellness and mental health.
• Personify Health (PATH Platform)coreTechnology or IntegrationDigital wellness platform powering the PATH (Positive Activities Toward Health) online wellness portal, health coaching, fitness tracker integration, challenges, journeys, and media resources.

Scale indicators7 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• Lockton Companies: World's largest independent insurance brokerage with substantial public-sector and recreation-industry practices; provides commercial P&C, health, and benefits solutions overlapping with services offered through pools like PDRMA.
• Alliant Insurance Services: Large U.S. insurance brokerage with a significant public-sector practice serving parks and recreation agencies, municipalities, and special districts; commercial and broader than PDRMA, but competes head-to-head for park district P&C and benefits placement.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with dedicated public-entity and parks-and-recreation practice groups; competes with PDRMA for park district and municipal P&C and benefits placement and offers broader commercial scale.

Direct peers

• California State Association of Counties Excess Insurance Authority (CSAC-EIA): California public-entity risk-sharing authority providing excess liability, property, and workers' compensation coverage to counties and public agencies; structurally analogous to PDRMA's pooled risk model for California government entities.
• Colorado Intergovernmental Risk Sharing Agency (CIRSA): Colorado government risk-sharing pool offering property/casualty and workers' compensation coverage to cities, towns, and special districts; similar intergovernmental risk pool structure with bundled coverages to PDRMA.
• Michigan Municipal Risk Management Authority (MMRMA): Michigan-based risk pool providing property/casualty coverage to municipal governments; operates as a member-governed pooling entity structurally analogous to PDRMA but serving Michigan municipalities and other public entities.
• New York Municipal Insurance Reciprocal (NYMIR): New York State insurance reciprocal providing liability and property coverage to municipalities and public entities; very comparable cooperative/captive risk-sharing model to PDRMA but serving New York towns and villages.

Others

• Public Entity Risk Solutions (PERS): Risk management consulting and insurance administration firm focused on California and Western U.S. public agencies; enables similar captive and risk-pool solutions and competes indirectly with PDRMA on member services and pool formation support.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PDRMA-103421031350641
• LinkedInlinkedin.com/company/1481679
• Instagraminstagram.com/pdrma_org

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 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 Park District Risk Management Agency