2024-2025 Market Report

2024-2025 Market Report

Dear OSIG Members,

As we enter our twenty-third year of serving Oklahoma schools, our aim remains steadfast: to deliver top-notch insurance coverage. Recognizing the challenges posed by recent years in the insurance market, OSIG has diligently adapted to ensure we offer the best products and pricing possible during this challenging period.

Property insurance is a vital component of our coverage, but our offerings extend far beyond that. From auto liability to cyber liability, flood, and beyond, we provide a comprehensive range of insurance solutions tailored to the unique needs of school districts.

What sets us apart is our member-owned risk pool program. Governed by a board of active school representatives, OSIG ensures decisions are made with firsthand knowledge of school challenges. As a nonprofit, we’re exempt from State and Federal Income Tax, allowing us to focus solely on delivering cost-effective solutions to our members.

Additionally, we’re proud to offer various risk management platforms at no extra cost. These include Vector Solutions, STOPit Bullying Prevention Reporting App, Beasley Cyber Portal, HSB water and temperature devices, Helixintel asset management system, onsite safety inspections, and onsite appraisal services.

We remain committed to evolving alongside market conditions and continually enhancing your insurance program to be the best in the country. Thank you for your ongoing membership—we look forward to another successful year together.

Rick Thomas OSIG Executive Director

 

View the 2024-2025 Market Update