Established in 1991, Innovative Risk Management is a full-service risk management, insurance program development and administration company. It assists agents, brokers and their clients in designing solutions for various business risks. It employs a staff of professionals who specialize in risk financing, underwriting, reinsurance, loss control, information technology, and claims and policy administration. Innovative Risk Management provides claims administrative services in the areas of workers' compensation and commercial property and liability, such as apartments, condominiums, municipalities, public officials and law enforcement, schools and automobiles. It offers underwriting management and policy administration services through its affiliate, Programs Plus. Innovative Risk Management maintains a location in Irving, Texas.