Hit Play and See Why Gym Owners Are Ditching Standard Insurance for Fitness Insurance by NEXO

In this presentation, Eric Reingen, Owner of NEXO Insurance and COO of CrossFit Risk Retention Group, outlines a specialized approach to insurance designed exclusively for the fitness industry.

With a deep understanding of gym operations and CrossFit affiliates, NEXO and CrossFit RRG provide coverage that puts control back into the hands of gym owners. By leveraging federal law and an innovative business model, they ensure comprehensive, affordable, and protective insurance solutions while promoting best practices in the industry.

In this video, Eric discusses:

  • NEXO and CrossFit Risk Retention Group’s exclusive focus on gym and fitness insurance

  • How the Risk Retention Group model provides control over claim defense

  • Membership contributions as ownership in the insurance company

  • Protection of the CrossFit brand and affiliate community

  • Commitment to personal, senior-level handling of claims

  • Industry trends (ex. the rise of saunas and cold plunges)

  • Commitment to affordable rates over the last 15 years 

  • Community Strength Credit: $250 returned to each member

  • No restrictions on essential gym activities (e.g., no sparring exclusions)

  • Types of insurance offered

  • Best practices: professional installations, proper waivers, and abuse/molestation prevention policies

  • Importance of timely incident reporting to avoid penalties or coverage denial

Ready to Get Started?

Fill out the form below to contact us.