CIG Risk Share Insurance

Long-term cost savings for qualified

businesses with good risk management

CIG Risk Share Insurance - the risk management insurance solution for midsize businesses.

Risky business is meant to be managed.


The risk share alternative

Introducing the CIG Risk Share Insurance Program — the risk management solution for midsize businesses spending more than $150,000 in annual premiums. Our cost-efficient structure requires no up-front capital or collateral, and premium payments remain on a normal schedule.

This program captures the cost savings resulting from your company’s good risk performance and passes those profits back to you. In time, your company could realize significant financial returns and long-term savings from the reduction and avoidance of loss and damage.


Through this program, your business can:

  • Lower premiums over time and retain capital for business use
  • Achieve more budget stability and predictability
  • Participate in shared-risk decision making
  • Avoid the need for annual renewal reviews
  • Steer clear of the expenses, collateral requirements and time consumption involved in self-insurance or group captive operations
  • Build a more effective risk management program.

To learn if your business qualifies, please connect with your local CIG Insurance Advisor.


Protecting your investment

CIG Risk Share Insurance works with you to build a more effective risk management program

You invest your time, money, skill and assets in your business. Your business has a bright future. Now let’s get you covered . . .to keep it that way. CIG has a long and strong record of protecting investments and business relationships.


Coverage descriptions are for illustrative purposes and are intended solely to provide a general overview of potential coverage. Information included does not represent a contract or any other obligation. Only an insurance policy can define actual terms, conditions, rates and exclusions. Please consult your local agent for complete details.

Availability: CIG Risk Share coverage is currently available in Arizona, California, Nevada, Oregon and Washington. Types of policies may vary from state to state.


To learn more about this coverage, please contact Bill Wetherell.

Top Business Risks

According to Forbes magazine, here are six very real risks that every business should consider:

Credit Risk.
The pain of the credit crunch persists.

Legal Risk.
Being sued for compromised data, faulty products or hazardous working conditions is a real possibility.

Regulatory Risk.
Making products and delivering services while covering costs is hard enough. Anticipating how governments might change the rules of the game — and are they ever changing them now — is virtually impossible. But you have to try.

Operational Hiccups.
These in-the-trenches risks include inventory gluts and shortages, poor quality, unattractive product mix, ballooning overhead, culture clashes, overaggressive expansion, data breaches and fraud.

Concentration Risk.
Many small businesses double down on a few big customers — a dangerous strategy in a bad economy.

You.
Entrepreneurs are eternal optimists. This keeps their energy and enthusiasm up, but it also can cloud their vision.


Minimize your risks

Bankrate.com offers seven ways for small businesses to manage risks:

  • Be cash-conscious.
  • Insure against your specific risks.
  • If your business changes, your insurance should, too.
  • Insure key people.
  • Use contractual indemnification clauses.
  • Give yourself an out.
  • Create separate entities.

To read the complete article go to "7 ways to minimize small-business risks."