CSAC Excess Insurance Authority

What CSAC Excess Insurance Authority does

CSAC Excess Insurance Authority, operating under the brand PRISM (Public Risk Innovation, Solutions, and Management), is a private, member-directed, non-profit insurance risk-sharing pool established in 1980 and headquartered in Folsom, California. The organization is structured as a joint powers authority under California law and is affiliated with the California State Association of Counties (CSAC). It serves California public entities, including counties, cities, school districts, and special districts, pooling their risk to obtain coverage and services that individual members could not procure on comparable economic terms.

PRISM delivers three primary product lines: property and casualty coverage (including excess liability and workers' compensation), employee benefits (medical, dental, vision, and the PRISMHealth program integrating digital chronic-care tools), and risk management consulting. Through partnerships with carriers and service providers — including Ameritas for dental, Livongo for diabetes management, Hinge Health for musculoskeletal care, Concern for first-responder behavioral health, and Alliant Insurance Services for brokerage — PRISM aggregates member demand to negotiate group pricing, structure pooled coverage, and administer benefits. The PRISM Captive program adds an alternative captive risk-bearing structure for members seeking flexibility beyond the traditional excess pool arrangement.

The business model is contribution- and premium-based: member public agencies pay into the pool or purchase coverage through PRISM-arranged programs, and the entity operates on a cost-recovery basis consistent with its non-profit JPA status. Revenue is not publicly disclosed. The value proposition rests on collective purchasing scale, regulatory standing as a California joint powers authority, and an integrated risk-management-plus-benefits platform that has retained members across more than four decades of operation.

Name

CSAC Excess Insurance Authority

Legal name

CSAC Excess Insurance Authority

Website

https://csac-eia.org

Company type

Private

Founded year

1980

Operating status

Operating

Short description

CSAC Excess Insurance Authority (PRISM) is a California joint powers authority and non-profit risk-sharing pool serving counties, cities, school districts, and special districts with property & casualty coverage, employee benefits, and risk management consulting, headquartered in Folsom, California since 1980.

Ownership category

akta.pro rank

Product category

Public Entity Insurance Pooling

NAICS

Other Insurance Funds (52519), Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers and Related Activities (524)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Excess Liability Insurance (FSAJANAC)

akta.pro secondary industry

Commercial Excess Liability (Large Accounts) (FSAJANAG)

Keywords

• Public entity insurance
• Risk management services
• Insurance pooling
• Employee benefits programs
• Workers compensation coverage

Headquarters

HQ city

Folsom

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: PRISM generates revenue through insurance premiums paid by member public entities for property & casualty coverage and employee benefits programs. Members pay into the pool to share risk and access cost-effective coverage.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

CSAC Excess Insurance Authority, operating as PRISM (Public Risk Innovation, Solutions, and Management), is a member-directed insurance risk sharing pool that provides property and casualty coverage, employee benefits programs, and risk management services to California public entities. Coverage offerings include General Liability, Workers' Compensation, Medical Malpractice, Property, and Master Rolling Owner Controlled Insurance Program (ROCIP), complemented by PRISMHealth, Dental, EAP First Responder Program, Paid Family Leave, and ancillary benefits, along with the PRISM Captive affiliate risk captive program.

Product overview

PRISM (Public Risk Innovation, Solutions, and Management) is a member-directed insurance risk sharing pool operated by CSAC Excess Insurance Authority. The organization offers a comprehensive portfolio of property & casualty coverage programs (including General Liability, Workers' Compensation, Medical Malpractice, Property, and ROCIP) alongside employee benefits programs (PRISMHealth with Livongo and Hinge Health integrations, Dental via Ameritas, EAP First Responder Program, Paid Family Leave, and ancillary coverages). The platform includes risk management services and a captive affiliate risk program. PRISM serves California public entities with integrated insurance and risk management solutions.

Differentiator

Problem solved

Functional benefit

Brands

• PRISMHealth: Employee health benefits program partnering with Livongo and Hinge Health for diabetes and musculoskeletal health management.
• PRISM Captive
• EAGLE Awards

Products and services

• Property & Casualty Coverage Programs
• Employee Benefits Programs
• General Liability Coverage
• Workers' Compensation Coverage
• Medical Malpractice Coverage
• Property Coverage
• Master Rolling Owner Controlled Insurance Program (ROCIP)
• PRISMHealth Program
• Dental Benefits
• Employee Assistance Program (EAP) / First Responder Program
• Paid Family Leave
• Ancillary Coverages
• Risk Management Services
• PRISM Risk Control Menu of Services
• PRISM Captive — Affiliate Risk Captive

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• ConcerncoreStrategic or Co-development Partner · 1 January 2024PRISM partnered with Concern to provide the PRISM First Responder Program, offering culturally competent support, training, and critical incident response to First Responders and their families. The program includes in-the-moment crisis support, face-to-face or virtual clinical care sessions, peer support groups, and advocacy.
• LivongocoreStrategic or Co-development PartnerPRISM partners with Livongo for the PRISMHealth program to provide employees with digital glucometers and real-time clinical support for diabetes management. Results are collected via mobile app and sent to a clinical care team for coaching and support.
• Hinge HealthcoreStrategic or Co-development PartnerPRISM partners with Hinge Health for the PRISMHealth program to provide wearable sensors for musculoskeletal health management. Results are collected via mobile app with clinical coaching and in-person support provided to help employees on a path to health and wellness.
• AmeritascoreTechnology or IntegrationPRISM partners with Ameritas for dental benefits, addressing rural provider network issues and enhancing out-of-network benefit options. The partnership provides unique plan designs and care incentives with flexible out-of-network benefit allowance options and increased provider reimbursement.
• Alliant Insurance ServicesminorChannel Partner/ Reseller/ DistributorAlliant Insurance Services serves as a contact point for PRISM members, providing insurance services coordination and support. Listed under the Connect With Us section of the PRISM website.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Alliant Insurance Services: National insurance brokerage with a strong public entity practice and existing partner relationship with PRISM. Comparable given its role providing insurance services coordination to California public entities.
• Keenan & Associates: California-based insurance brokerage and risk management firm focused on public entities, schools, and healthcare. Direct comparable to PRISM in serving California public sector risk management and insurance needs.
• Schools Insurance Authority (SIA): California joint powers authority providing property and liability coverage to school districts. Comparable to PRISM as a public entity risk pool operating under the JPA structure in California.
• Golden State Risk Management Authority: California JPA risk pool providing workers' compensation, liability, and property coverage to public agencies. Closely comparable to PRISM in structure, product mix, and target customer base.
• Statewide Association of Community Colleges (SWACC): California JPA providing risk management and insurance programs to community college districts. Comparable to PRISM as a member-directed public entity pool serving California education and government segments.

Regional players

• Trident Public Risk Solutions: Public sector-focused insurance program manager offering coverage solutions to public entities nationwide. Comparable to PRISM in target customer base and product focus, though operating outside California.

Broad incumbents

• California State Compensation Insurance Fund: California's state-established workers' compensation provider competing with PRISM for government and public entity workers' comp coverage. Comparable given product overlap and shared public sector customer base.
• Marsh & McLennan: Global insurance broker and risk advisor with significant public sector presence. Overlaps with PRISM in serving large public entity clients, though primarily as a broker rather than a risk pool.
• Arthur J. Gallagher & Co. Global insurance brokerage with a major public entity and risk pool practice. Comparable to PRISM as it serves California public agencies with brokerage and risk management services, though at much broader scale.

Others

• California Association of Joint Powers Authorities (CAJPA): Industry association representing California JPA risk pools, including PRISM peer pools. Relevant as an ecosystem-level peer that supports the same JPA risk-pooling model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/PRISMRisk
• LinkedInlinkedin.com/company/prism-risk

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 CSAC Excess Insurance Authority