There are numerous benefits associated with being a shareholder of OCIL.
OCIL provides insurance covering Property, and Excess Liability
Energy Industry Focused
Only eligible energy companies qualify for being a shareholder.
While many traditional insurance companies amend their risk apetite routinely, OCIL endeavors to provide consistant and reliable limits.
Capital adequacy, ceded reinsurance and an effectively managed investment portfolio assure members of the Company’s continuing ability to pay catastrophic losses.
Ownership by the energy industry assures customers of the continuing long-term availibility of coverage.
Shareholders have an unusually high degree of input into policy wording and major initiatives.
One of the keys to OCIL’s success is its operating efficiency, which is unchallenged by large multi-line commercial insurers.
OCIL is a member-owned insurance company with no independent owners.