Under the rapid transformation of digital convergence, cable television operators have faced the challenge of service function innovation and competition due to consumers’ changed viewing habits. Since 2012, the cross-district management policy has not only created market opportunities but has also given rise to the interconnected risk relationship brought about as a result of market competition.In this study, literatures related to the development and relevant regulations of cable television were collected to compile feasible risk management methods for the domestic cable television industry. In addition, the expert questionnaire method was employed to gain an insight into both the cable television industry and the insurance industry’s cable television risk management mindset, logic and management approach in order to establish a suitable risk assessment model and insurance plan for the cable television industry, which are expected to be helpful to cable television operators, government monitoring agencies, and follow-up researchers.