CCMSI is a 100% employee-owned company in the insurance industry headquartered in Danville, Illinois. Founded in 1978, Cannon Cochran Management Services (CCMSI) has expanded to 34 offices nationwide, boasting a team of over 1,400 skilled professionals. Positioned as a prominent independent Third-Party Administrator (TPA), CCMSI specializes in managing self-insured property and casualty claims, encompassing workers’ compensation, liability, and property coverage.

In 1990, CCMSI became employee-owned when they implemented an Employee Stock Ownership Plan (ESOP). Embedded in CCMSI's culture is a dedication to treating employees as valued partners, demonstrating integrity, and approaching change as an opportunity. The company strives to create a positive work environment, providing necessary resources, manageable caseloads for claims staff, and competitive benefits and compensation packages. The Employee Stock Ownership Plan (ESOP) is a key aspect, granting beneficial ownership of CCMSI stock to employees after one year of service. This unique ESOP structure aims to provide employees with a meaningful stake in CCMSI, enhancing economic security and serving as an additional source of retirement income. The ESOP allows employees to acquire a beneficial ownership interest in CCMSI stock without incurring direct costs.

As an employee-owned company CCMSI leverages its autonomy to prioritize client-centric decision-making and cultivate enduring client relationships, emphasizing long-term satisfaction over short-term financial gains. This independence contributes to maintaining a robust and stable workforce, enabling CCMSI to align experienced and dedicated employees with dynamic companies for tailored solutions.