ClearRisk

Cloud-based risk management software for municipalities and self-insured organizations

Claims Technology Growth Seed

Overview

ClearRisk is a cloud-based risk management software company founded in 2006 by Craig Rowe, a former municipal risk manager with over 15 years of public sector experience. The company was built to address the lack of practical, affordable risk management tools available to municipalities and mid-market organizations. ClearRisk serves 225+ organizations across North America, primarily in the public sector and property management, helping risk managers reduce manual work, centralize data, and mitigate claims costs. The company reports up to 95% time savings on routine risk management tasks, with documented reductions in Total Cost of Risk (TCOR) of 40-55% and up to 85% savings in administrative time.

ClearRisk is a Certified B Corporation, demonstrating commitment to social and environmental responsibility with a B Impact assessment score of 93.7.

Products & Services

Claims Management Software

End-to-end claims tracking, reporting, and resolution workflows. Enables streamlined processing and visibility across the claims lifecycle.

Key Features

Claims intake, tracking, and resolution workflows
Analytics and reporting for claims outcomes
Third-party insurance certificate management

Target Users: Municipal risk managers, self-insured employers, property managers

Incident Management Software

Structured incident reporting, investigation, and corrective action tracking. Includes a public-facing incident intake webform to collect data from multiple sources.

Key Features

Incident recording and investigation workflows
Corrective action tracking and follow-up
Public-facing online incident submission form

Target Users: Municipal safety officers, facility managers, risk managers

Asset and Fleet Management Software

Fleet tracking and asset risk management analytics. Designed for property management companies, municipalities, and self-insured organizations managing large asset portfolios.

Key Features

Fleet and asset tracking
Risk exposure analytics by asset
Integration with risk management reporting

Target Users: Municipalities, property managers, fleet operators

Insurance Certificate Management

Tracks, organizes, and verifies third-party insurance certificates. Automates the process of managing vendor insurance compliance documentation.

Key Features

Certificate tracking and expiry alerts
Vendor compliance management
Centralized certificate repository

Target Users: Risk managers, procurement teams, property managers

At a Glance

Founded: 2006
Headquarters: St. Johns, Newfoundland, Canada
Employees: 11-50
Funding: Seed

Category & Focus

Category: Claims Technology
Subcategories: Incident Management Claims Management Risk Management Software
Insurance Verticals: P&C Commercial Workers Compensation
Target Customers: Employers, TPAs

Customers

Town of Ocean City, MD -- increased annual recoveries by USD 144,000
City of Saint John, NB -- reduced annual claims costs by 50% (USD 500,000 savings)
Northview Apartment REIT -- unified data management across portfolio
Town of Erie, CO
Orange County, NC