ERC Risk Solutions
ERC Risk Solutions is a privately held healthcare risk consulting firm that provides advisory, assessments, claims analysis, and education services to hospitals, medical practices, captive insurers, risk retention groups, MPL carriers, and claims TPAs to improve patient safety and reduce medical professional liability exposure.
- Company typePrivate
- Founded2018
- HeadquartersLansing, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ERC Risk Solutions does
ERC Risk Solutions is a privately held healthcare risk consulting firm headquartered in Lansing, Michigan, founded in 2018. The company targets a defined set of healthcare-adjacent buyers—hospitals and health systems, medical practices, captive insurance entities, risk retention groups, medical professional liability (MPL) carriers, and claims third-party administrators—with the explicit goal of improving patient safety and reducing MPL exposure.
Its offering is structured around four integrated service pillars: Advisory Services (consultation hotlines, interim staffing, strategic planning, and outsourced risk management programs); Assessments (service-line evaluations in Obstetrical, Perioperative/OR, Emergency Department, Behavioral Health, Ambulatory Surgical Center, and Medical Offices, plus ERM program assessments); Claims Services (built on a proprietary risk identification and classification system grounded in clinical and legal review of MPL claims); and Education (customizable training, seminars, mentorship programming, and an on-demand resource library). The underlying technology is the proprietary claims taxonomy and coding process that enables benchmarking against national data, layered onto an Enterprise Risk Management (ERM) methodology framework.
The firm operates a sales-led, direct-engagement model. Pricing is entirely quote-based and not publicly disclosed; engagements are customized, with multi-year contract cadences evidenced. Distribution is exclusively direct—no reseller, marketplace, or channel partner relationships exist. GTM relies on website-driven thought leadership, educational content, client testimonials, and expert speaking engagements rather than paid acquisition or partnerships. The company has 11-50 employees, no disclosed funding history, no M&A activity, and no formal partnerships documented in the source material.
ERC Risk Solutions firmographics
Firmographics- Name
- ERC Risk Solutions
- Legal name
- ERC Risk Solutions
- Website
- https://ercrisk.org
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ERC Risk Solutions is a privately held healthcare risk consulting firm that provides advisory, assessments, claims analysis, and education services to hospitals, medical practices, captive insurers, risk retention groups, MPL carriers, and claims TPAs to improve patient safety and reduce medical professional liability exposure.
- Ownership category
- akta.pro rank
ERC Risk Solutions industry classification
Industry- Product category
- Healthcare Risk Management Consulting
- NAICS
- Other Scientific and Technical Consulting Services (541690)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Enterprise Risk Management (ERM) Advisory (BPAHAFAA)
- akta.pro secondary industry
- Risk Management (ERM), Operational Risk & Business Continuity (BPAEAPAJ)
Keywords
Where ERC Risk Solutions is headquartered
LocationHeadquarters
- HQ city
- Lansing
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ERC Risk Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Advisory Services: Expert risk management consulting delivered through on-call advisors, fully outsourced risk managers, interim staffing support, and strategic planning engagements. Revenue generated through project-based consulting fees and retainer arrangements for ongoing advisory support.
- Risk Assessments: Service-line and program-based risk assessments including obstetrical, perioperative/OR, emergency department, behavioral health, ambulatory surgical center, and medical offices assessments. Also includes ERM program assessments. Revenue derived from assessment fees based on scope and complexity of evaluation.
- Claims Services: Claims analysis and data analytics services using proprietary risk identification and classification system. Helps organizations analyze medical liability claims, identify patterns, and benchmark against national data. Revenue from consulting engagements and analysis projects.
- Education and Training: Nationally renowned expert speakers providing customizable training, presentations, seminars, mentorship programming, and on-demand resources. Revenue from training engagements, seminar fees, and mentorship program participation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
ERC Risk Solutions product offering
Product offeringCore offering
ERC Risk Solutions is a healthcare risk consulting firm that provides expert risk management advisory, comprehensive risk assessments, proprietary claims analysis and classification, and educational services to healthcare delivery organizations. The firm leverages enterprise risk management (ERM) methodology alongside a proprietary risk identification and classification system to help hospitals, health systems, medical practices, captive insurance entities, risk retention groups, medical professional liability carriers, and claims TPA companies improve patient safety and reduce medical professional liability exposure.
Product overview
ERC Risk Solutions offers a unified healthcare risk consulting platform with four integrated service pillars: Advisory Services, Assessments, Claims Services, and Education. Advisory Services provides expert guidance through risk consultation hotlines, interim staffing, strategic planning, and outsourced risk management programs. Assessments deliver service-line evaluations (Obstetrical, Perioperative/OR, Emergency Department, Behavioral Health, Ambulatory Surgical Center, Medical Offices) and program-based reviews including Risk Management Program & Strategy and Enterprise Risk Management. Claims Services features a proprietary risk identification and classification system for medical liability claims analysis. Education provides training, seminars, mentorship programs, and resource libraries. These services work together to support clients from initial assessments through implementation of risk mitigation strategies.
Differentiator
Problem solved
Functional benefit
Products and services
- Advisory Services
Quantifiable outcome
- Strengthened decision-making process for client organizations
- +4 more outcomes
Companies that use ERC Risk Solutions
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles2 records
ERC Risk Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
ERC Risk Solutions partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
ERC Risk Solutions competitors and assessment
Company assessmentDirect peers
- Medical Protective (MedPro Group): MedPro is a leading MPL carrier offering integrated risk management and patient safety advisory to healthcare providers—directly comparable to ERC's mix of MPL carrier risk analytics and provider-side risk assessments, though MedPro operates as a primary insurer with deeper capital backing.
- The Risk Authority (Stanford): The Risk Authority, founded within Stanford Health Care, provides healthcare enterprise risk management consulting, claims analytics, and patient safety advisory services to hospitals, captives, and MPL carriers—directly overlapping with ERC's ERM methodology, claims taxonomy, and risk assessment offerings.
- Coverys: Coverys is an MPL insurer that also delivers risk management education, claims analytics, and patient safety services to healthcare organizations—overlapping with ERC's risk assessments, claims services, and education pillars serving hospitals and MPL carriers.
- Curi: Curi provides medical professional liability insurance, risk solutions, and healthcare-focused advisory services to physician practices, hospitals, and healthcare systems; the company's website footer legal notices are hosted under curi.com, suggesting a direct operational relationship and overlapping MPL risk services comparable to ERC's healthcare risk consulting.
Broad incumbents
- Deloitte (Healthcare Risk Advisory): Deloitte's healthcare advisory practice offers enterprise risk management, regulatory compliance, and patient safety consulting to large hospital systems—comparable to ERC's strategic ERM methodology positioning but at much larger scale and cross-industry scope.
- Aon (Healthcare Risk Practice): Aon's healthcare risk practice offers enterprise risk consulting, captive insurance management, and claims analytics to hospitals and MPL carriers—broader portfolio scale than ERC but directly overlapping on the ERM advisory and captive insurance support use cases.
- Marsh McLennan (Healthcare Risk): Marsh's healthcare and risk consulting units provide enterprise risk advisory, MPL brokerage, and captive management to large health systems, operating at significantly greater scale and broader scope than ERC's niche specialization.
Others
- RL Datix: RL Datix provides healthcare-specific risk, patient safety, and compliance software platforms used by hospitals and health systems, with adjacent clinical risk taxonomy and benchmarking capabilities rather than direct consulting overlap with ERC.
Emerging players
- Origami Risk: Origami Risk provides cloud-based risk management, claims, and analytics software specifically built for healthcare, insurance, and risk pools—comparable to ERC's proprietary claims classification and benchmarking capabilities but delivered via a SaaS platform that scales differently than consulting.
- ECRI Institute: ECRI Institute provides evidence-based patient safety, risk management, and quality consulting services to hospitals and healthcare systems—overlapping with ERC's healthcare-specific risk assessment and patient safety mandate, with comparable specialized data assets and educational offerings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
ERC Risk Solutions social profiles
Digital presenceERC Risk Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
ERC Risk Solutions leadership team
Management profileNumber of profiles
Profiles1 record
ERC Risk Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ERC Risk Solutions 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 ERC Risk Solutions
What does ERC Risk Solutions do?
ERC Risk Solutions is a healthcare risk consulting firm that provides expert risk management advisory, comprehensive risk assessments, proprietary claims analysis and classification, and educational services to healthcare delivery organizations. The firm leverages enterprise risk management (ERM) methodology alongside a proprietary risk identification and classification system to help hospitals, health systems, medical practices, captive insurance entities, risk retention groups, medical professional liability carriers, and claims TPA companies improve patient safety and reduce medical professional liability exposure.
Is ERC Risk Solutions a public or private company?
ERC Risk Solutions is a private company. It is classified as unknown and is currently operating.
When was ERC Risk Solutions founded?
ERC Risk Solutions was founded in 2018. It employs 11 to 50 people.
Where is ERC Risk Solutions based?
ERC Risk Solutions is headquartered in Lansing, United States, in the North America region.
How does ERC Risk Solutions make money?
Four revenue lines are on record. Advisory Services are the primary driver. The others are risk Assessments, claims Services and education and Training.
Who are ERC Risk Solutions's main competitors?
Direct peers on record are Medical Protective (MedPro Group), The Risk Authority (Stanford), Coverys and Curi. Broad incumbents are Deloitte (Healthcare Risk Advisory), Aon (Healthcare Risk Practice) and Marsh McLennan (Healthcare Risk). RL Datix is listed as an others. Emerging players are Origami Risk and ECRI Institute.
Does ERC Risk Solutions have an API?
No public API is recorded for ERC Risk Solutions.
What industry is ERC Risk Solutions in?
ERC Risk Solutions's product category is Healthcare Risk Management Consulting. Its primary akta.pro industry code is BPAHAFAA, Enterprise Risk Management (ERM) Advisory, with a secondary code of BPAEAPAJ, Risk Management (ERM), Operational Risk & Business Continuity. Its NAICS code is 541690 and its SIC code is 6411.