Ohio Association of Mutual Insurance Companies

What Ohio Association of Mutual Insurance Companies does

The Ohio Association of Mutual Insurance Companies (OAMIC) is a nonprofit trade association founded in 1879 that represents Ohio-domiciled mutual and stock property and casualty (P&C) insurance companies. Despite its Ohio-focused mission and member base, the organization is headquartered at 10 W. 106th Street, Suite 100, in Indianapolis, Indiana, and operates with a lean staff of 1-10 employees serving more than 50 member companies.

OAMIC's product surface is non-technical and centers on advocacy, regulatory liaison, professional development, and member networking. Core offerings include the Annual Convention (scheduled for its 146th iteration in 2026), training and continuing-education programming, and the Congressional Contact Program operated jointly with the National Association of Mutual Insurance Companies (NAMIC) since 1985 to coordinate federal advocacy. The association also maintains formal coordination with the Ohio Insurance Institute and runs academic partnerships with six Ohio universities to develop talent pipelines into the mutual insurance industry.

The business model is a classic association dues-plus-events construct. Revenue is generated from three streams: (1) tiered membership dues scaled to each member's Direct Written Premium (DWP), (2) event registration fees, and (3) event sponsorships. There is no disclosed software, technology platform, or AI-driven product offering; value is delivered primarily through in-person convenings, peer working groups, and government relations activity. OAMIC does not pursue equity funding, has no external investors, and operates as a member-driven 501(c)-style nonprofit.

Name

Ohio Association of Mutual Insurance Companies

Legal name

Ohio Association of Mutual Insurance Companies

Website

https://oamic.org

Company type

Private

Founded year

1879

Operating status

Operating

Headcount range

1–10 employees

Short description

The Ohio Association of Mutual Insurance Companies, founded in 1879, is a nonprofit trade association serving 50+ Ohio-domiciled mutual and stock P&C insurers through advocacy, training, and an annual convention, headquartered in Indianapolis.

Ownership category

akta.pro rank

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: Annual membership dues assessed based on a company's Direct Written Premium (DWP). Domestic Mutual Company Members pay dues scaled to their premium volume, ranging from $317 for companies with less than $50,000 in DWP to $2,375 for companies with over $10,000,001 in DWP. Affiliate Members pay a flat $595 annual fee.
2. Event Registration Fees: Revenue generated from registration fees for the Annual Convention and other events. Member registration ranges from $470-$670 depending on early/standard/late timing. Non-member registration is $770-$970. CONNECT session CE courses are $105 for members and $210 for non-members.
3. Event Sponsorships: Sponsorship revenue from companies that support OAMIC events. Sponsorships are offered at multiple levels (Chair Reception, Gold, Silver, Bronze) for the Annual Convention and include logo placement and promotional opportunities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

OAMIC is a non-profit insurance trade association that provides advocacy, education, and networking services to mutual and stock property and casualty insurance companies operating in Ohio. Core offerings include legislative and regulatory advocacy, an annual convention, the Congressional Contact Program, continuing education courses, member publications, and committee-based industry cooperation.

Product overview

OAMIC is an insurance trade organization, not a technology product company. It provides membership services including an annual convention (OAMIC Annual Convention), the Congressional Contact Program (CCP) for meeting with legislators in Washington D.C., educational seminars, publications, and networking opportunities for property/casualty insurance companies in Ohio. The organization was founded in 1879 and currently has more than 50 member companies. No standalone software product, platform, or technology offering is described.

Differentiator

Problem solved

Functional benefit

Products and services

• Domestic Mutual Company Membership Primary voting membership tier for mutual insurance companies incorporated under Ohio law that provide property and casualty insurance coverages. Dues are scaled to Direct Written Premium (DWP) volume, ranging from $317 (under $50,000 DWP) to $2,375 (over $10,000,001 DWP). Members receive voting rights, advocacy, education, networking, and publications.
• Affiliate Membership Membership tier for insurance companies not domiciled in Ohio and industry-related service organizations such as reinsurers, law firms, independent adjusters, accounting firms, and data processing services. Flat annual fee of $595. Affiliate Members have all membership privileges except voting rights and cannot hold Association office.
• OAMIC Annual Convention Annual state convention held for OAMIC members featuring engaging speakers, CE credit opportunities, networking, and sponsor showcases. Registration ranges from $470-$670 for members and $770-$970 for non-members depending on early/standard/late timing. The 2026 convention offers 6.0 General CE credits and 4 MID continuing education credits.
• Congressional Contact Program (CCP) Annual event held in Washington D.C. providing members the opportunity to meet with legislators and represent the mutual insurance industry. Registration is free but requires participation commitment; attendees cover their own travel and hotel expenses. Scheduled for June 23-24, 2026.
• CONNECT Sessions (CE Courses) Continuing education session offering 2.0 General CE credits and 1.0 Ethics CE credit. CE course fees are $105 for members and $210 for non-members.
• OAMIC Member Newsletter Subscription-based newsletter delivering timely publications to keep members informed of insurance issues affecting the Ohio property and casualty insurance industry.

Quantifiable outcome

• 6.0 General CE credits available through OAMIC Annual Convention
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and supporting.

• National Association of Mutual Insurance Companies (NAMIC)coreStrategic or Co-development PartnerOAMIC maintains associate membership in NAMIC and participates in NAMIC programs including the Congressional Contact Program (created in 1985). NAMIC provides education support, legislative advocacy resources, and professional certification programs. OAMIC is recognized by NAMIC as a Mutual Insurance Director (MID) Continuing Education Provider.
• Ohio Insurance InstitutecoreStrategic or Co-development PartnerOAMIC maintains associate membership in the Ohio Insurance Institute and participates in public education efforts about insurance. The Ohio Insurance Institute was formed in 1968 and merged with the Insurance Federation of Ohio in 1989 to provide expanded services including Public Information, Education, and Government Affairs.
• University of Mount UnionsupportingOthersOAMIC supports the risk management program at University of Mount Union. Contact: Linda Ruse, Director of Risk Management Program. The partnership helps develop future talent for the insurance industry.
• University of CincinnatisupportingOthersOAMIC supports career services at University of Cincinnati's Linder College of Business. Contact: Brian Fanelli, Assistant Director. Partnership connects students with insurance industry opportunities.
• University of AkronsupportingOthersOAMIC supports the Finance Department at University of Akron. Contact: James B. Thomson, Department Chair of Finance. Partnership helps develop insurance industry talent.
• Ohio State UniversitysupportingOthersOAMIC supports risk management program at Ohio State University. Contact: Douglas Huffner, Senior Director of Risk Management and Chief Risk Officer. Partnership develops future insurance professionals.
• Ohio Dominican UniversitysupportingOthersOAMIC supports the Risk Management Program at Ohio Dominican University. Contact: Edward Lukco, Department Chair. Partnership develops insurance industry talent.
• Heidelberg UniversitysupportingOthersOAMIC supports accounting and finance programs at Heidelberg University. Contact: Kurt Loeffler, Assistant Professor of Accounting & Finance. Partnership helps develop insurance industry professionals.
• Ohio Association of Professional Specialty Lines (OAPSLO)supportingOthersOAPSLO is an Ohio insurance organization that encourages and promotes professionalism among members engaging in specialty risk insurance business. Provides forum for exchange of information and educational content.
• Ohio Insurance Agents Association, Inc. (OIA)supportingOthersOIA represents agencies of every size, helping insurance agents make informed business decisions through thought leadership, advocacy, training and data-backed insights.
• Property Casualty Insurers Association of America (PCI)supportingOthersPCI is the nation's premiere property/casualty trade association representing more than 1,000 member companies. Advocates public policy positions at federal, state, and courthouse levels.
• The Institutes Griffith Insurance Education FoundationsupportingOthersThe foundation promotes dialogue among risk management and insurance professors, regulators, legislators, and the risk management and insurance community. Promotes teaching of risk management and insurance by colleges and universities.
• Ohio Department of InsurancecoreOthersThe Ohio Department of Insurance regulates the insurance industry in Ohio, overseeing all lines of insurance operations from licensing to rate filings. OAMIC maintains relationship for regulatory updates and compliance information.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• National Association of Mutual Insurance Companies (NAMIC): The national trade association for mutual insurers, with which OAMIC maintains a formal associate membership and jointly runs the Congressional Contact Program. NAMIC serves the same member archetype (mutual P&C insurers) but at a national scale, making it OAMIC's closest functional parallel and primary ecosystem partner.
• Independent Insurance Agents & Brokers of America (IIABA): A national trade association for independent insurance agents and brokers, providing advocacy, education, and carrier-market access. While OAMIC serves carriers rather than agents, IIABA is a comparable national membership-association model in the same P&C ecosystem.
• Property Casualty Insurers Association of America (PCI): The premier national P&C trade association representing more than 1,000 member companies. PCI is a listed OAMIC partner and competes for the same advocacy, policy, and member-service wallet at the federal and state level.
• American Insurance Association (AIA): A national trade association representing property/casualty insurers, providing advocacy and policy services. AIA competes with NAMIC and PCI for the same advocacy footprint that OAMIC's members value.
• Council of Insurance Agents & Brokers (CIAB): A national association representing large commercial insurance brokers and agencies. CIAB provides advocacy, education, and networking services to its members, mirroring OAMIC's value proposition but targeting the wholesale/broker segment of the P&C value chain.
• National Association of Professional Insurance Agents (PIA): A national trade association for independent insurance agents providing advocacy, education, and carrier-market access. PIA operates the same kind of state-and-national association structure that OAMIC sits within as a state-level chapter.

Direct peers

• Ohio Insurance Institute: An Ohio-focused insurance trade organization that OAMIC maintains associate membership with. It provides overlapping public information, education, and government affairs services to Ohio insurers, making it the most directly comparable state-level peer.
• Ohio Association of Professional Specialty Lines (OAPSLO): An Ohio-based association focused on specialty risk insurance professionals, providing networking, education, and information exchange. OAPSLO is a listed OAMIC partner and a parallel Ohio insurance trade body with overlapping membership pools.
• Ohio Insurance Agents Association (OIA): A statewide association representing insurance agencies in Ohio, providing thought leadership, advocacy, training, and data-backed insights. OIA serves a related but distinct Ohio insurance constituency, making it a direct state-level peer.

Emerging players

• Surety & Fidelity Association of America (SFAA): A national trade association representing surety and fidelity insurers. SFAA is a smaller, niche P&C insurance association with a comparable structure of advocacy, education, and member services for a defined carrier segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/myOAMIC

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ohio Association of Mutual Insurance Companies