Policyholder Services

Do I have to pay a capital contribution or surplus contribution to join OMIC?

No.  Although OMIC has the right to require surplus or capital contributions, the company has not done so since its early days of operation. The only payment you make is your premium (and applicable installment charge if you elect to pay on a quarterly basis).   State-mandated premium taxes and Patient Compensation/Excess Liability Fund fees may also apply, depending upon your state of practice.

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

#2. Leader in the industry.

A-rated by AM Best, OMIC is ranked #1 among 50 malpractice insurance companies in America for financial stability. No other carrier has matched OMIC's consistent financial performance with regard to both combined and operating ratios, the two most relevant financial measurements for an insurance carrier.