Policyholder Services

If I practice in New York, will I qualify for free excess coverage?

Licensed New York physicians may qualify for a free million-dollar excess policy from the hospital of their primary affiliation via the New York State Hospital Excess Liability Pool, but only if they are insured through carriers that are licensed and admitted in New York. Although Risk Retention Groups are authorized by the Federal Risk Retention Act to do business in New York, the Excess Liability Pool does not recognize Risk Retention Groups as valid primary carriers for the excess liability program. While OMIC insureds are ineligible to participate in the New York State Hospital Excess Liability pool, they may purchase limits of up to $5,000,000 directly from OMIC.

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

#4. Largest insurer in the U.S.

OMIC is the largest insurer of ophthalmologists in the United States and we've been the only physician-owned carrier to continuously offer coverage in all states since 1987 (pending in WI). Our fully portable policy can be taken with you wherever you practice. Should you move to a new state or territory, you're covered without the cost or headache of applying for new coverage.