In 1978, Cannon Cochran Management Services was officially incorporated. Since that day we've continued to grow, becoming the largest independent TPA in the country, with gross revenues of $117 million a year.
Today, over 1,100 experienced employees assist our clients with self-insured property and casualty claims management - including workers' compensation, liability and property coverage - from 38 offices across the U.S.
At CCMSI, we're 100% employee-owned. We use that independence to give you a definite advantage. Unlike many third-party administrators, we're not owned by an insurance carrier, broker or private equity fund. That allows us to make client-centric decisions and focus our attention on long-term client value creation, rather than short-term financial performance. It also enables us to recruit and keep an experienced work force. Our turnover rate is less than 5%, allowing us to match great employees with focused companies to create custom solutions that adapt to their changing needs.
For more than 30 years, we've successfully administered individual and group self-insured programs for thousands of companies, achieving a 98% retention rate that's unparalleled in our industry. We've done it all while remaining true to our values, treating our customers the way we'd want to be treated and saving each dollar as if it were our own. – less