Founded in 2005, Construction Insurance and Risk Captive of America, Limited (CIRCA) is a Vermont-domiciled and -licensed Group Reinsurance Company -- designed, owned, and operated by an elite group of contractors. CIRCA is committed to placing control of the insurance program back into the hands of its members.
CIRCA’s goal is to provide a safe, controlled, versatile, and rewarding approach to managing risk for contractors. CIRCA is an unconventional answer to a lack of innovative risk management options in the traditional insurance market. Shareholder selection is based on a commitment to industry best practices for safety and claims management. CIRCA’s track record is nothing short of stellar and consistently outperforms the market.
Our Mission
To be a long-term profitable venture for its shareholders, through a commitment to industry best practices for safety and claims management.
“On behalf of all the shareholders, I can say that it is a tremendous honor to work alongside a set of like-minded, sophisticated contractors. ”
circa advantages
Long-term solution for managing insurance costs
Stability for risk management program
Opportunity to capture underwriting and investment income ($20.0 Million in shareholder dividends since 2010)
Broad coverages
Interaction/partnering with other contractors (best practices)
Equity growth
16 best-in-class contractor members (approximately $515+ million in total payroll)
Focus on and stability through safety and claims management
Dramatically outperforms the traditional insurance market