Policyholder Services

Does OMIC pay dividends?

No carrier can guarantee the availability of dividends. OMIC distributed policyholder dividends annually from 1991 through 2002 but temporarily suspended the dividend program from 2003 through 2005 in response to unfavorable market conditions. After market conditions improved, OMIC was able to once again declare annual dividends. The company’s ability to apply future dividends is contingent upon our favorable financial condition. When declared, dividends are based on a percentage of premium and are applied as a credit toward the insured’s renewal premium.

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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.