Oil Casualty Insurance, Ltd. (OCIL) is an excess liability insurance company owned by the energy industry.

OCIL is a major provider of Excess General Liability insurance and is totally dedicated to servicing energy companies. Industry ownership ensures fair treatment and a hedge against an often-volatile commercial insurance market.

The Company was formed in 1986 at a time when the commercial markets had ceased to provide adequate insurance coverage for liability risks. The need for a new industry owned vehicle specializing in liability insurance was recognized by concerned members of Oil Insurance Limited (OIL), a similar industry owned mutual insurer formed in 1971 to write property damage, well control costs and pollution liability insurance for petroleum companies. OCIL was conceived and formed by interested members of OIL as a separate and distinct company with its own management structure, underwriting philosophy and capital resources.

Oil Casualty Insurance, Ltd. is incorporated and domiciled in Bermuda, a major international business center.

 

DISCLAIMER – OCIL is a licensed insurer only in Bermuda and any party wishing to inquire about insurance or reinsurance products offered by this company must contact OCIL either directly in Bermuda or through a non-US Broker. The information on this website does not constitute an offer to sell insurance or securities.