CURIE
CURIE is a non-profit reciprocal insurance exchange providing pooled property, liability, errors and omissions, and cyber coverage exclusively to 79 Canadian universities and colleges through member-driven governance and risk management services.
- Company typePrivate
- Founded1987
- HeadquartersBurlington, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CURIE does
CURIE (Canadian Universities Reciprocal Insurance Exchange) is a non-profit reciprocal insurance exchange, founded in 1987 and headquartered in Burlington, Ontario, that provides pooled property, liability, errors and omissions, and cyber liability coverage exclusively to Canadian universities, colleges, and polytechnics. The organization commenced operations on January 1, 1988 with 42 founding member universities in response to a contraction in the availability and affordability of commercial insurance for the higher-education sector, and has since grown to 79 member institutions. Members contribute to a collective risk pool through annual premium assessments rather than paying traditional third-party premiums, which allows CURIE to offer comprehensive rates below commercial-market levels while maintaining the financial stability of the pool.
CURIE's product and service portfolio spans four core insurance lines (property, liability, E&O, cyber), a 24-hour claims reporting and adjusting service, and tailored risk management and loss control advisory services. The technology layer consists of the OpticRisk online platform for certificate-of-insurance management and the members.curie.org portal for resource access, training, newsletters, and self-service tools; there is no proprietary AI or advanced analytics infrastructure described. Operations are supported by a small staff (11-50 employees), and engagement is reinforced through the annual CURIE Risk Conference and an Advisory Board composed of senior Canadian higher-education professionals.
As a reciprocal exchange, CURIE is owned by and operated for its subscribers under a "for our members, by our members" governance model. Revenue is derived entirely from member premium assessments on a recurring annual basis, with no traditional equity, debt, or VC funding recorded. Distribution is direct to member institutions within Canada only, with no international footprint or alternative-vertical diversification; all growth has been organic through expansion of the membership base and incremental product additions such as cyber liability coverage.
CURIE firmographics
Firmographics- Name
- CURIE
- Legal name
- Canadian Universities Reciprocal Insurance Exchange
- Website
- https://curie.org
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CURIE is a non-profit reciprocal insurance exchange providing pooled property, liability, errors and omissions, and cyber coverage exclusively to 79 Canadian universities and colleges through member-driven governance and risk management services.
- Ownership category
- akta.pro rank
Where CURIE is headquartered
LocationHeadquarters
- HQ city
- Burlington
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
CURIE business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Insurance Premium Assessments: As a reciprocal insurance exchange, CURIE pools insurance risks from member universities. Members contribute to the collective pool through premium assessments rather than paying traditional insurance premiums to an external carrier. This model allows CURIE to offer comprehensive rates lower than industry standard while maintaining financial stability for its members.
- Risk Management Services: CURIE provides risk management and loss control services as part of its member value proposition. These services are included as part of the membership value rather than charged separately, supporting member retention and the overall value proposition of the reciprocal exchange.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
CURIE product offering
Product offeringCore offering
CURIE operates as a non-profit reciprocal insurance exchange that pools insurance risks from Canadian universities and colleges. Members contribute to a collective pool through premium assessments to receive property, liability, errors and omissions, and cyber liability insurance coverage, complemented by risk management, loss control, and claims management services accessed via the OpticRisk online platform and member portal.
Product overview
CURIE (Canadian Universities Reciprocal Insurance Exchange) operates as a non-profit reciprocal insurance exchange that provides a unified platform of insurance and risk management services exclusively for Canadian higher education institutions. The core offerings include the OpticRisk Online Platform for member self-service access to certificates of insurance and claims management, Insurance Services covering property, liability, errors and omissions, and cyber liability, combined with Risk Management and Loss Control advisory services and Training & Resources. Members access all services through the OpticRisk portal and member portal, with CURIE tailoring its approach to meet the specific needs of each member institution.
Differentiator
Problem solved
Functional benefit
Products and services
- Insurance Services Comprehensive property, liability, and errors and omissions insurance coverage provided exclusively to Canadian university and college subscribers, accessed through the OpticRisk platform for certificates of insurance.
- Risk Management and Loss Control Services Tailored risk advisory consultations and loss protection programs designed to address the specific needs of higher education institutions.
- Cyber Liability Insurance Specialized insurance coverage providing protection for institutions' digital assets against cyber-related risks and threats.
- Claims Management Services Claims reporting and management services allowing subscribers to submit incident reports online, receive annual claims reports, and access 24-hour emergency adjusting services.
Companies that use CURIE
Customer profileNamed customers80 records
Segments2 records
Ideal customer profiles2 records
CURIE technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CURIE partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Johnson & HigginshistoricalJohnson & Higgins, an international insurance broker based in Toronto, ON, managed CURIE's operations during its early years (1987-1992). They facilitated the transition from traditional commercial insurance to the reciprocal exchange model when 42 Canadian universities began pooling and collectively insuring their risks on January 1, 1988.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
CURIE competitors and assessment
Company assessmentMarket position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CURIE social profiles
Digital presenceCURIE compliance and trust
Trust signalCompliance1 record
CURIE financial estimates
Financial estimateRevenue estimate
Valuation estimate
CURIE leadership team
Management profileNumber of profiles
Profiles2 records
CURIE funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CURIE 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 CURIE
What does CURIE do?
CURIE operates as a non-profit reciprocal insurance exchange that pools insurance risks from Canadian universities and colleges. Members contribute to a collective pool through premium assessments to receive property, liability, errors and omissions, and cyber liability insurance coverage, complemented by risk management, loss control, and claims management services accessed via the OpticRisk online platform and member portal.
Is CURIE a public or private company?
CURIE is a private company. It is classified as management employee owned and is currently operating.
When was CURIE founded?
CURIE was founded in 1987. It employs 11 to 50 people.
Where is CURIE based?
CURIE is headquartered in Burlington, Canada, in the North America region.
How does CURIE make money?
Two revenue lines are on record. Insurance Premium Assessments are the primary driver. The others are risk Management Services.
Does CURIE have an API?
No public API is recorded for CURIE.