In 1995, the old Fraternity Insurance Purchasing Group was reincorporated in Indiana simply as FIPG, Inc. FIPG, Inc. is composed of executives of 47 member organizations that must be national women or men's fraternities. It is a dynamic organization whose laudable mission is "To promote sound risk management policies and practices; to be the leading resource of risk management education, programming and information to the broad based constituency involved in all aspects of Greek life."