Canadian Insurance Claims Managers Association
CICMA is a non-profit professional association founded in 1952 that serves Canadian insurance claims managers through nine regional chapters, administering the Canadian Inter-Company Arbitration Agreement and providing membership-based professional services.
- Company typePrivate
- Founded1952
- HeadquartersToronto, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Canadian Insurance Claims Managers Association does
The Canadian Insurance Claims Managers Association (CICMA) is a federally-incorporated, non-profit professional association serving claims-management practitioners in the Canadian property-and-casualty insurance industry. Founded in 1952, the association operates through nine regional chapters across Canada and is governed by volunteer leadership including a National President and functional leads for membership, arbitration, and communications. Its principal institutional function is the administration of the Canadian Inter-Company Arbitration Agreement, a long-standing mechanism for resolving inter-company insurance claims disputes among participating insurers.
CICMA's product surface is membership-based rather than technology-based. Core offerings include individual professional membership (standardized at approximately $200 CAD annually, with Ontario members paying $230), chapter-level professional development and networking, and arbitration case administration with filing fees of approximately $300 per case. There are no disclosed software products, AI systems, or technology platforms developed or operated by the association. Member value is derived primarily from arbitration services, professional community, industry recognition, and access to peer claims-management expertise across the nine regional chapters.
The business model is fundamentally a dues-and-fees non-profit model, with revenue drawn from individual membership subscriptions and per-case arbitration filing charges. There is no evidence of corporate sponsorship programs, paid certification offerings, or commercial training products at scale. The organization has no external funding rounds, no disclosed staff growth, and operates as a volunteer-led industry body, making it functionally closer to an industry standards and community organization than a commercial enterprise.
Canadian Insurance Claims Managers Association firmographics
Firmographics- Name
- Canadian Insurance Claims Managers Association
- Legal name
- Canadian Insurance Claims Managers Association
- Website
- https://cicma.ca
- Company type
- Private
- Founded year
- 1952
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- CICMA is a non-profit professional association founded in 1952 that serves Canadian insurance claims managers through nine regional chapters, administering the Canadian Inter-Company Arbitration Agreement and providing membership-based professional services.
- Ownership category
- akta.pro rank
Canadian Insurance Claims Managers Association industry classification
Industry- Product category
- Professional Association Services
- NAICS
- Business Associations (813910), Professional Organizations (81392)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)
Keywords
Where Canadian Insurance Claims Managers Association is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Canadian Insurance Claims Managers Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Revenue model
- Membership Fees: CICMA generates revenue through annual membership fees. Standard membership costs $200 per year plus applicable HST. Ontario chapter membership is $230 inclusive of HST. Some chapters may include meeting costs in addition to annual dues.
- Arbitration Filing Fees: Revenue generated from arbitration filing fees. Standard filing fee is $300 per application. Ontario chapter adds $39 HST (HST Number 82055 2792). Filing fees are non-refundable even if parties settle.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Standard annual membership for most chapters |
| Subscription | Annual | Ontario Chapter annual membership (inclusive) |
| Transaction based/ take rate | Pay-as-you-go | Arbitration filing fee (standard) |
| Transaction based/ take rate | Pay-as-you-go | Arbitration filing fee (Ontario) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Canadian Insurance Claims Managers Association product offering
Product offeringCore offering
CICMA is a Canadian professional membership association for insurance claims managers, founded in 1952. It sells individual and corporate membership, provides arbitration services for insurance claims disputes, runs educational events and conferences, and administers scholarships, organized through nine regional chapters across Canada.
Product overview
CICMA is a professional association for insurance claims managers in Canada, not a technology product company. It operates a membership organization with regional chapters across Canada offering professional development, networking, and industry advocacy. Its primary service is administering the Canadian Inter-Company Arbitration Agreement, which provides a structured process for insurance companies to resolve physical damage subrogation disputes without litigation. The organization also supports educational scholarships and awards for insurance professionals.
Differentiator
Problem solved
Functional benefit
Products and services
- CICMA Membership Annual individual and corporate membership for Canadian insurance claims managers, adjusters, and carriers, providing access to chapter programming, education, and industry resources.
- Arbitration Services Independent arbitration for resolving insurance claims disputes, available to members and industry participants at a standard filing fee of approximately $300 per case.
- Educational Events and Conferences Education programs, conferences, and networking events held across CICMA's nine regional chapters for insurance claims professionals seeking continuing professional development.
- CICMA Scholarships Scholarship program supporting education and professional development in the insurance claims field, available through the association and its chapters.
Quantifiable outcome
- Disputes resolved in 60-day response window
- +1 more outcomes
Companies that use Canadian Insurance Claims Managers Association
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles1 record
Canadian Insurance Claims Managers Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Canadian Insurance Claims Managers Association partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights3 records
Canadian Insurance Claims Managers Association competitors and assessment
Company assessmentDirect peers
- RIMS (Risk and Insurance Management Society): Global professional association for risk and insurance managers, with comparable member services (education, networking, advocacy, credentials). Direct analog to CICMA's mission but serving the buyer-side risk management community rather than carrier-side claims managers.
- Canadian Independent Adjusters' Association: Canadian association serving independent insurance claims adjusters — a closely adjacent persona to CICMA's claims manager membership — with overlapping education, networking, and industry advocacy functions within the Canadian claims ecosystem.
- Insurance Institute of Canada: The primary Canadian insurance industry education body, administering the CIP designation that CICMA members pursue. Overlaps directly with CICMA on professional development, education programs, and Canadian insurance industry networking.
- CPCU Society (Chartered Property Casualty Underwriters): US-based professional society for property-casualty insurance professionals holding the CPCU designation. Closely mirrors CICMA's role in supporting industry designations, continuing education, and a national member network for claims and underwriting professionals.
- National Association of Public Insurance Adjusters: US professional association for public insurance adjusters — claims professionals working on behalf of policyholders. Mirrors CICMA's claims-focused professional association model with overlapping education and standards-setting activities.
Regional players
- National Association of Independent Insurance Adjusters: US-based trade association for independent insurance adjusters handling claims. Functionally similar to CICMA on the claims-management side but serves the US market and does not directly compete in Canada.
Broad incumbents
- Insurance Bureau of Canada: The national industry association representing Canada's private home, auto, and business insurers. Operates at a broader industry level than CICMA and engages in regulatory advocacy and public policy on issues that affect CICMA members' employers.
- Independent Insurance Agents & Brokers of America: Large US trade association for independent insurance agents and brokers. Adjacent rather than direct — different persona focus (agents/brokers vs. claims managers) but comparable association structure with education, advocacy, and member services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Canadian Insurance Claims Managers Association social profiles
Digital presenceCanadian Insurance Claims Managers Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Canadian Insurance Claims Managers Association leadership team
Management profileNumber of profiles
Canadian Insurance Claims Managers Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Canadian Insurance Claims Managers Association 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 Canadian Insurance Claims Managers Association
What does Canadian Insurance Claims Managers Association do?
CICMA is a Canadian professional membership association for insurance claims managers, founded in 1952. It sells individual and corporate membership, provides arbitration services for insurance claims disputes, runs educational events and conferences, and administers scholarships, organized through nine regional chapters across Canada.
Is Canadian Insurance Claims Managers Association a public or private company?
Canadian Insurance Claims Managers Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Canadian Insurance Claims Managers Association founded?
Canadian Insurance Claims Managers Association was founded in 1952. It employs 101 to 250 people.
Where is Canadian Insurance Claims Managers Association based?
Canadian Insurance Claims Managers Association is headquartered in Toronto, Canada, in the North America region.
How does Canadian Insurance Claims Managers Association make money?
Two revenue lines are on record. Membership Fees are the primary driver. The others are arbitration Filing Fees.
Who are Canadian Insurance Claims Managers Association's main competitors?
Direct peers on record are RIMS (Risk and Insurance Management Society), Canadian Independent Adjusters' Association, Insurance Institute of Canada, CPCU Society (Chartered Property Casualty Underwriters) and National Association of Public Insurance Adjusters. National Association of Independent Insurance Adjusters is listed as a regional player. Broad incumbents are Insurance Bureau of Canada and Independent Insurance Agents & Brokers of America.
Does Canadian Insurance Claims Managers Association have an API?
No public API is recorded for Canadian Insurance Claims Managers Association.
What industry is Canadian Insurance Claims Managers Association in?
Canadian Insurance Claims Managers Association's product category is Professional Association Services. Its primary akta.pro industry code is EDAAALAJ, Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE). Its NAICS code is 813910 and its SIC code is 8600.