Key Benefits of Self Insuring

Lower cost, greater control, improved outcomes and peace-of-mind.

The Self-Insurers' Security Fund (SISF) is a key partner supporting your California Self Insured Workers’ Compensation program.  We are experts in workers’ compensation with a singular focus on self-insurance. Member companies benefit from our financial and credit resources, capabilities and hands-on support.

  • Self-Insurance is typically the lowest cost option
  • Increased efficiency leads to improved worker outcomes
  • Greater employer control and decision-making
  • Lower collateral requirements with flexible options

Learn more, visit our Knowledge Center.

How to Become Self Insured

Apply to the State of California Office of Self-Insurance Plans (OSIP) to be approved.  The approval process may take up to 30 days during which OSIP evaluates your application to determine:

  • Financial strength
  • Proposed claims administration delivery system
  • Loss prevention program

Current regulatory requirements for entry into self-insurance can be accessed on the OSIP website.


Protecting Members  - Peace of Mind

Self-insured members rarely default on their workers’ compensation responsibilities. But when a default occurs the Security Fund protects you from exposure.

We take our obligation seriously to hold defaulting members and other third parties accountable. This prevents the cost of defaults from being passed along to the membership through higher assessments.

We have recovered nearly $43 million from defaulting self-insurers. This plus our continuing effort to reduce operating costs and increase investment returns year-over-year has resulted in lower assessments to the membership. 

Protecting and serving our members for 35 years.