MRM

What MRM does

MRM (Municipal Risk Management, Inc.) is a Pennsylvania-domiciled, member-owned nonprofit organization founded in 1982 that operates two self-insurance pooled trusts — the MRM Workers' Compensation Pooled Trust and the MRM Property & Liability Trust — exclusively for Pennsylvania local government entities including cities, boroughs, townships, regional police departments, municipal authorities, home-rule municipalities, and councils of governments. As of the most recent disclosures, MRM serves over 400 member municipalities across 49 Pennsylvania counties and has cumulatively returned $215 million in dividends to members over its operating history. The organization is administered from a Sewickley, Pennsylvania headquarters with a small staff (11–50 employees per firmographic data), supplemented by an exclusive broker relationship with HUB Three Rivers (HUB International) for underwriting, loss control, and claims servicing.

The core technology stack is conventional insurance-pool administration: website-based member information portals, email-driven claims intake (with fax as a secondary channel), and integrated pharmacy benefits management through AWPRx for workers' compensation prescriptions. MRM does not operate proprietary underwriting software or digital-first distribution platforms; instead it relies on relationship-driven member acquisition, a network of association endorsements (PSATS, PSAB, The Authorities), and the HUB Three Rivers broker channel for distribution. Revenue mechanics follow the standard mutual insurance pool model — recurring annual member contributions fund claims, administrative costs, and excess insurance premiums, with favorable loss experience returned to members as annual dividends. Pricing is quote-based, customized per member based on claims history, loss exposures, financial condition, and coverage scope, and is not publicly disclosed.

Name

MRM

Legal name

Municipal Risk Management, Inc.

Website

https://mrmtrust.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

MRM is a Pennsylvania-based, member-owned nonprofit operating self-insurance pooled trusts providing workers' compensation and property/liability coverage to over 400 Pennsylvania municipal governments across 49 counties, distributing surplus as annual dividends.

Ownership category

akta.pro rank

Headquarters

HQ city

Sewickley

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Trust Membership Premiums: MRM operates as a self-insurance pool where member municipalities pay premiums/contributions into the Workers' Compensation Pooled Trust and Property & Liability Trust. These funds are used to pay claims, administrative costs, and excess insurance. Favorable loss experience allows excess funds to be returned to members as annual dividends.
2. Risk Management Services: Professional and technical risk management services including loss control, claims handling, legal guidance, and safety training provided to member municipalities as part of their trust membership.
3. Dividend Distributions: MRM returns excess funds directly to members. The organization has distributed $215M in dividends back to members over its history. Members can use returned funds to help balance budgets, fund special projects, purchase new equipment, avoid tax increases, or reduce the cost of municipal insurance programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

MRM operates two member-owned self-insurance pooled trusts — a Workers' Compensation Pooled Trust and a Property & Liability Trust — that provide coverage to Pennsylvania municipalities. Around these trusts it delivers in-house claims handling, loss control consulting, and ongoing risk management services designed specifically for local-government entities such as boroughs, townships, cities, and authorities.

Product overview

MRM (Municipal Risk Management, Inc.) is a non-profit organization offering two self-insurance pooled trusts for Pennsylvania municipalities: the MRM Workers' Compensation Pooled Trust and the MRM Property & Liability Trust. These member-owned programs pool resources to provide stable, affordable coverage for property, liability, and workers' compensation. The company supplements its core insurance products with in-house claims handling services, loss control/risk management services, and safety training programs. The Trusts are administered with professional support from HUB Three Rivers and are designed to return surplus funds to members as annual dividends.

Differentiator

Problem solved

Functional benefit

Brands

• MRM Workers' Compensation Pooled Trust: A proven, long-term solution for managing municipal Workers' Compensation costs offering a complete managed care program designed to reduce costs, risks, and return surplus funds to members in the form of annual dividends.
• MRM Property & Liability Trust

Products and services

• MRM Workers' Compensation Pooled Trust A self-insurance pooled trust that delivers workers' compensation coverage and related claims and pharmacy benefit management services to Pennsylvania municipal entities that join as members.
• MRM Property & Liability Trust A self-insurance pooled trust that delivers property and liability coverage to Pennsylvania municipal members, paired with claims handling and loss control services.
• Claims Handling Services In-house claims adjustment and processing services for workers' compensation, property, and liability claims filed by MRM's municipal members.
• Loss Control & Risk Management Services Risk management consulting and loss control services for Pennsylvania municipal members, including safety guidance, training, and exposure assessment to reduce claims frequency and severity.

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and supporting.

• HUB Three Rivers (HUB International)coreChannel Partner/ Reseller/ DistributorHUB Three Rivers is the exclusive broker to the MRM Trusts and provides municipal clients with expert loss control, claims and other services to help them manage their insurance programs cost-effectively. They handle property and liability claims and are the primary broker relationship for MRM's trust programs.
• AWPRxsupportingStrategic or Co-development PartnerAWPRx provides workers' compensation claims pharmacy benefits for MRM Trust. They manage the prescription program including the member first fill form and pharmacy network coordination for injured workers.
• The AuthoritiessupportingGTM or Marketing PartnerThe Authorities is a municipal association that endorses MRM's programs. The endorsement appears on MRM's website indicating a marketing/referral relationship.
• PSATS (Pennsylvania State Association of Township Supervisors)supportingGTM or Marketing PartnerPSATS is a statewide association representing township supervisors that endorses MRM's risk management programs for Pennsylvania municipalities.
• PSAB (Pennsylvania State Association of Boroughs)supportingGTM or Marketing PartnerPSAB represents boroughs throughout Pennsylvania and endorses MRM's programs, providing marketing reach to borough municipal members.
• Philadelphia Insurance CompaniessupportingStrategic or Co-development PartnerPhiladelphia Insurance Companies is listed as a partner organization on MRM's website, indicating a working relationship in the municipal insurance space.
• Safety NationalsupportingOthersSafety National is a partner organization listed on MRM's website, suggesting involvement in the workers' compensation insurance programs.
• Optimus Risk ServicessupportingImplementation/ SI/ Consulting PartnerOptimus Risk Services is listed as a partner organization on MRM's website, indicating involvement in risk management consulting or services for municipal members.
• Pennsylvania Department of Labor and IndustrysupportingOthersPA Dept of Labor and Industry is listed as a partner, indicating regulatory or compliance-related relationship for workers' compensation programs in Pennsylvania.

Scale indicators5 records

Recent moves7 records

Expansion highlights3 records

Broad incumbents

• Chubb: Global property and casualty insurer with a municipal and public-entity practice offering specialty coverage solutions. Competes broadly for the same municipal insurance buyers as MRM, but as a diversified incumbent rather than a pooled trust administrator.
• Travelers: Major national property and casualty insurer with a dedicated public-sector practice offering property, liability, auto, and workers' compensation coverage to municipalities. Competes with MRM for the same municipal insureds but as a large incumbent rather than a member-owned pool.
• Philadelphia Insurance Companies (PHLY): National specialty insurer with a large public-entity practice offering property, liability, auto, and management liability coverage to municipalities. Operates broadly in the same municipal insurance space as MRM but as a traditional carrier rather than a member-owned pool; also a listed MRM partner.
• Safety National: Large specialty workers' compensation carrier and excess provider serving public entities and large employers. Listed as an MRM partner organization and provides excess workers' compensation support; overlaps with MRM's core WC product as a broader carrier.

Direct peers

• Missouri Public Entity Risk Management Fund (MOPERM): Missouri public-entity risk pool serving cities, counties, and other governmental entities with property, liability, and workers' compensation coverage. Closely aligned with MRM in pooling structure and municipal-member focus.
• Cities and Villages Mutual Insurance Company: Ohio-based municipal mutual insurance company providing property and liability coverage to member cities and villages. Comparable mutual/pooled structure serving local government members in a single state.
• Public Risk Innovation, Solutions, and Management (PRISM): California public-entity risk pool providing liability, property, workers' compensation, and related coverage to public agencies. Operates with a similar pooled, member-governed structure targeting governmental entities.
• Michigan Municipal Risk Management Authority (MMRMA): Michigan municipal self-insurance pool offering property, liability, and related coverages to member municipalities. Closely mirrors MRM's pooled-trust operating model and municipal-government member base.
• New York Municipal Insurance Reciprocal (NYMIR): New York municipal insurance reciprocal providing liability, property, and workers' compensation coverage to municipal members. Comparable pooled/mutual structure serving a single state's local governments, similar to MRM's Pennsylvania focus.
• Texas Municipal League Intergovernmental Risk Pool (TMLIRP): Texas-based governmental risk pool providing property, liability, and workers' compensation coverage to member cities and other political subdivisions. Most directly comparable to MRM in operating model - member-owned pooled trust structure serving municipal governments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 MRM