There are numerous benefits associated with being a shareholder of OCIL.
OCIL provides its insured's with excess insurance covering property, liability, directors and officers liability, marine, protection & indemnity, hull, cargo, employment practices liability and fiduciary liability.
ENERGY INDUSTRY FOCUSED
Only energy companies qualify for being a shareholder. Please click here to view Eligibility Requirements
Underwriting is intended to be uniform for both shareholder and non-shareholder insureds in order to ensure equity for all policyholders.
Capital resources, reinsurance and an effectively managed investment portfolio assure members of the Company's continuing ability to pay catastrophic losses.
Ownership by the energy industry provides customers with continuous availability of coverage.
Shareholders have an unusually high degree of input into major strategic initiatives.
One of the keys to OCIL's success is its operating efficiency.
OCIL, as a member-owned insurance company, has no outside owners or interests.