Our Member-Owned Model
The member-owned insurance model puts organizations in control of their own insurance destiny. Rather than surrendering premiums to a commercial carrier with no stake in their long-term success, member-owned programs allow participants to govern the very entity that protects them.
The affiliated insurance entities served by Insurance Concepts share common characteristics:
- Member-owned and board-governed
- No direct employees — all staffing is under Insurance Concepts
- Between 8 and 800 members per program
- Focused on stability, cost effectiveness, and dividend performance
This model allows public and private organizations to maintain meaningful control over their insurance programs while benefiting from professional administrative expertise and operational consistency.
When results are favorable, surpluses are returned to members. When challenges arise, members face them together — supported by experienced administrators who have seen it before and know how to navigate it. That is what member-owned insurance looks like in practice.
