Colorado Intergovernmental Risk Sharing Agency

What Colorado Intergovernmental Risk Sharing Agency does

CIRSA (Colorado Intergovernmental Risk Sharing Agency) is a member-owned public entity self-insurance pool, founded in 1982 and headquartered in Denver, Colorado. The organization provides Property/Liability and Workers' Compensation coverage, along with risk management services, exclusively to Colorado municipalities, law enforcement agencies, and affiliated public entities. Members become equity owners in the pool, with contributions building member equity over time rather than generating shareholder profit — a structural distinction from commercial insurance carriers.

The core product portfolio centers on Property/Liability Coverage and Workers' Compensation Coverage, supplemented by specialized programs including a Law Enforcement Endowment (death benefit program), a Law Enforcement Leadership Academy, an online training center delivered through LocalGovU, cybersecurity awareness training via KnowBe4, and hazard alerts and safety posters covering emerging municipal risk topics. CIRSA delivers risk advisory services through in-house General Counsel and Associate General Counsel staff who provide legal guidance on employment law, premises liability, Open Meetings Law compliance, and immigration legislation. Member operations run on the Origami Risk platform, which serves as the claims reporting portal, policy management system, and member database.

CIRSA's go-to-market is direct and event-driven: the organization recruits members through dedicated outreach staff, a "Request A Quote" funnel, and monitoring of municipal RFPs on BidNet, while maintaining engagement through 35+ annual training events, seminars, and certifications across Colorado. Revenue is generated through recurring subscription-style member premiums for core coverage lines and optional risk management services sold to non-members on an a la carte basis. Annual billing and quote-based pricing are the norm, with no publicly disclosed premium tiers. The organization is privately held with no external investors and is governed by its membership.

Name

Colorado Intergovernmental Risk Sharing Agency

Legal name

Colorado Intergovernmental Risk Sharing Agency

Website

https://cirsa.org

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

Colorado Intergovernmental Risk Sharing Agency (CIRSA) is a member-owned public entity self-insurance pool, founded in 1982 and based in Denver, Colorado. It provides Property/Liability and Workers' Compensation coverage plus risk management services to Colorado municipalities, law enforcement agencies, and affiliated public entities.

Ownership category

akta.pro rank

Product category

Public Entity Insurance and Risk Management

NAICS

Insurance Carriers and Related Activities (524)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Nonprofit / Social Services BOP (FSAJAFAM)

Keywords

• Public entity insurance
• Risk management services
• Workers compensation coverage
• Self-insurance pool
• Municipal insurance coverage

Headquarters

HQ city

Denver

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. Insurance Premiums - Property/Liability Coverage: CIRSA provides property and liability insurance coverage to member municipalities and public entities. Members pay premiums into the self-insurance pool, which are used to cover claims, operational costs, and build member equity.
2. Workers' Compensation Coverage: CIRSA offers workers' compensation coverage for municipalities and affiliated public entities across Colorado, funded through member premiums in the self-insurance pool structure.
3. Optional/A la Carte Risk Management Services: CIRSA recruits non-member entities to use CIRSA's risk management services on an optional basis, providing additional revenue streams beyond core membership coverage.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

CIRSA is a member-owned public entity self-insurance pool that provides Property/Liability and Workers' Compensation insurance coverage to Colorado municipalities and affiliated public entities. Membership premiums fund claims, operations, and member equity. The organization supplements coverage with proactive risk management services including training programs, hazard alerts, legal advisory support, and online claims and training portals.

Product overview

CIRSA operates as a member-owned public entity self-insurance pool offering a unified risk management and insurance platform. The core portfolio centers on Property/Liability Coverage and Workers' Compensation Coverage, supplemented by specialized Law Enforcement programs (Endowment and Leadership Academy), an Online Training Center (LocalGovU) with extensive certification courses, an Origami Risk-based Online Claim Reporting Portal, and KnowBe4 Cybersecurity Training. Additional value-added services include Hazard Alerts and Safety Posters, Risk Advisory legal services, Annual Reports, and a Travel Reimbursement Program—all designed to help Colorado municipalities manage risk, reduce incidents, and achieve measurable safety outcomes.

Differentiator

Problem solved

Functional benefit

Products and services

• Property/Liability Coverage
• Workers' Compensation Coverage
• Law Enforcement Endowment

Quantifiable outcome

• CIRSA has paid millions of dollars in Workers' Compensation claims, demonstrating significant financial commitment to member claims outcomes.

Named customers2 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

Integration3 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Origami RiskcoreTechnology or IntegrationCIRSA uses Origami Risk as its primary platform for member website access, claims portal, policy management, and database administration. This is a critical operational technology partnership for member services.
• CISA (Cybersecurity & Infrastructure Security Agency)minorStrategic or Co-development PartnerCIRSA informs members about free cybersecurity assessment and technical assistance opportunities available through CISA, sharing these resources to enhance member cybersecurity posture.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Washington Cities Insurance Authority: Washington-state municipal risk pool providing pooled property/liability and related coverage to member cities. Same member-owned, single-state municipal coverage structure as CIRSA.
• Texas Municipal League Intergovernmental Risk Pool: A member-owned governmental risk pool providing property/liability and workers' compensation coverage to Texas municipalities. Operates the same cooperative self-insurance model as CIRSA, making it the closest structural analog.
• Wisconsin Municipal Insurance Commission: Wisconsin governmental insurance commission providing liability and workers' compensation coverage to Wisconsin municipalities. Same member-owned pooled model and public entity focus as CIRSA.
• Cities Insurance Association of California: California JPA providing pooled property/liability and workers' comp coverage to member cities. Comparable member-driven pooling structure serving municipal government risk.
• Michigan Municipal Risk Management Authority: Michigan governmental risk pool providing property/liability and workers' compensation coverage to member municipalities. Directly comparable cooperative insurance model serving a single state's public entities.

Broad incumbents

• Liberty Mutual Insurance: National P&C insurer serving public entities and municipalities with commercial insurance products that overlap CIRSA's coverage offerings, though Liberty Mutual is far broader and not pool-based.
• The Hartford: Large national insurer with a dedicated municipal and public entity practice offering property, liability, and workers' comp to government organizations. Competes for the same Colorado public-entity buyers as CIRSA.
• Travelers: Major national P&C carrier with a public entity and municipal insurance practice. Competes with CIRSA for municipal accounts in Colorado but operates across all commercial lines at much larger scale.

Others

• Association of Governmental Risk Pools: Industry association representing governmental risk-sharing pools across the U.S. While not a competitor, AGRiP is the closest ecosystem peer and industry body for CIRSA's category, useful for benchmarking and shared services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/CIRSASafety?ob=0

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Colorado Intergovernmental Risk Sharing Agency