Supplier Diversity
Risk | Readiness | Resilience
Varied perspectives are critical components of effective risk management. Risk Cooperative’s supplier diversity capabilities adds value to our client and partner relationships.
The National Minority Supplier Development Council (NMSDC) reports that Fortune 500 companies are spending 98% of their total spend with non-MBE businesses, despite pledging targets of 10% or more. As minority-owned business, certified by the National Minority Supplier Development Council for the Capitol Region (CRMSDC), Risk Cooperative is uniquely qualified to help businesses implement their supplier diversity goals.
The public good, corporate values, and good business are naturally integrated risk management pillars. Few other MBE firms can provide the broad scope of services and complex risk placement capabilities that Risk Cooperative offers. We embrace opportunities to align our talents and expertise with initiatives that increase supplier diversity, serve marginalized communities, and generally support greater diversity, equity access and inclusion.
Our program includes:
MBE Spend | As a minority-owned insurance brokerage and provider of risk advisory services, we help organizations meet their MBE spending goals on services they already buy.
Proposal Partner | Serving as a Tier 1 provider in the Minority Business Enterprise (MBE), Risk Cooperative is a qualified partner for MBE designated contracts as a natural extension of our existing capabilities.
MBE Support | Our expertise helps other minority-owned businesses address risks that keep them from achieving their full potential.