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Bill Fleming Assumes Leadership of the Ophthalmic Mutual Insurance Company (OMIC) as President and Chief Executive Officer

The Ophthalmic Mutual Insurance Company (OMIC) announced today that effective February 1, 2024, Bill Fleming will succeed Timothy Padovese as the company’s President and CEO. Mr. Padovese, who will retire after leading OMIC for 22 years, said, “Being honored with the chance to lead a truly one of a kind company such as OMIC has been a highlight of my life. I’m filled with optimism and gratitude that this great organization has the wealth of talent to lead OMIC into the future.” The Chair of OMIC’s Board, Dr. Robert Gold of Florida, agreed...


Shortly after I began as your chair, our CEO for the past 21 years, Tim Padovese, announced that he would be retiring effective February of 2024. While not unexpected, the news is sad for OMIC but exciting for Tim and his fantastic wife, Karen, as this is well deserved. I wanted to highlight for our members Tim’s accomplishments as our CEO. Read my entire message in the Digest.

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Recent Articles

AAO Virtual Journal Club webinar and will feature OMIC board member Dr. Guarav Shah

The year of vision

Why Should I Choose a Claims Made Policy?

First, claims made and reported policies are generally less expensive than occurrence policies because claims made carriers can more accurately predict the frequency and severity of claims that will be reported during the policy period. Occurrence carriers, on the other hand, must predict not only how many claims will arise from services rendered this year and how severe they’ll be, but also when they’ll be reported...

Six reasons OMIC is the best choice for ophthalmologists in America.

Leader in the industry.

A-rated by AM Best, OMIC is consistently ranked among the top malpractice insurance companies in America for financial stability. No other carrier has matched OMIC's consistent financial performance with regard to both combined, operating, and surplus ratios, the most relevant financial measurements for an insurance carrier.