Obsidian Pacific Insurance Company, an Obsidian Insurance Holdings, Inc. subsidiary, provides leading specialty insurance programs to Managing General Agents, Managing General Underwriters, and program managers.
Founded in 1973, Obsidian Pacific offers a diverse portfolio of property, casualty, and specialty insurance programs.
Obsidian Pacific is committed to providing long-term solutions, efficient operations, and streamlined distribution channels to its partners.
The company’s strong financial stability and commitment to excellence are reflected in its Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” from AM Best.
Obsidian Pacific’s team of experienced and dedicated professionals provides the highest level of service and support to its partners.
The company is known for its responsive underwriting, quick turnaround times, and competitive pricing.
If you are a Managing General Agent, Managing General Underwriter, or program manager looking for a reliable and experienced partner to support your specialty insurance programs, Obsidian Pacific Insurance Company is the right choice.
Obsidian Pacific Insurance Company claim
Obsidian Pacific Insurance Company encourages policyholders to file claims directly with the company or through their Managing General Agent or program manager.
Once they receive a claim, Obsidian Pacific will promptly investigate the matter and work with the policyholder to resolve it quickly.
Obsidian Pacific’s team of experienced and dedicated claims professionals will proactively answer policyholders’ questions and assist them through every step of the claims process.
Here are some tips for filing a claim with Obsidian Pacific Insurance Company:
- Gather all relevant documentation, such as police reports, invoices, and photos.
- Be as accurate and detailed as possible in your claim submission.
- Cooperate with Obsidian Pacific’s investigation.
- Be patient and understanding. It may take some time for Obsidian Pacific to process your claim.
Obsidian Pacific Insurance Company contact information
Address | Phone Number |
---|---|
P.O. BOX 1463, Minneapolis, MN 55440-1463 | 888-793-7888 |
Obsidian Pacific Insurance Company’s ratings
Obsidian Pacific Insurance Company’s ratings are based on its experienced management team, attractive market opportunity, conservative investment portfolio, and expectation of maintaining strong capitalization, operating and financial metrics, and maturing risk management.
Genstar Capital, Obsidian’s financial sponsor, provides capital, consulting, and industry relationships.
Offsetting these strengths are the execution risk of a startup, key executive risk, untested risk management, and reliance on reinsurance, which creates counterparty credit exposure and challenges in securing appropriate and cost-effective reinsurance.
Factors that could improve the ratings include sustained earnings and capital growth, prudent management of premium leverage and risk exposures, progress toward robust ordinary dividend capacity, or evidence of a strong and solidifying market position.
Factors that could worsen the ratings include the inability to execute the business plan, material and unexpected increase in risk profile, departure of key personnel, immature risk management, or a material increase in investment risk.
Obsidian Pacific Insurance Company rating
and reviews
Obsidian Pacific Insurance Company (OPIC) leads the Pacific Northwest in commercial and personal insurance products and services. Founded in 1970, OPIC is headquartered in Portland, Oregon, with over 300 employees operating in eight states.
OPIC provides a wide range of insurance products and services to businesses and individuals, including:
- Commercial insurance: OPIC offers commercial coverage for property and casualty, workers’ compensation, and professional liability.
- Personal insurance: OPIC offers homeowners, auto, and life insurance.
OPIC is committed to providing customers with the highest quality products and services, and to creating a supportive and rewarding work environment for employees.
OPIC offers a variety of careers in the insurance industry and is always seeking talented and motivated individuals to join its team. Typical positions include:
- Insurance agents: OPIC agents assess customer needs and recommend the right products and services.
- Underwriters: OPIC underwriters evaluate risk and issue policies to customers.
- Claims adjusters: OPIC adjusters investigate and settle claims.
- Customer service representatives: OPIC representatives provide assistance with insurance needs.
OPIC has a positive reputation in the insurance industry for its customer service, employee commitment, and financial strength.
Employee reviews:
- OPIC is a great place to work with a great culture and supportive people.
- OPIC is committed to providing the best possible service to customers and invests in employee growth and development.
- OPIC is a financially strong company that will be around for many years to come.
Overall, OPIC is a reputable insurance company with a strong reputation for customer satisfaction and employee satisfaction.
If you are interested in a career in insurance, OPIC is a company to consider.