Business Details
46 Years
experience
Lawyers Professional Liability Insurance in Oklahoma
Oklahoma Attorneys Mutual Insurance Company (OAMIC) has been dedicated to protecting Oklahoma lawyers since 1980. As a policyholder-owned mutual insurer, we specialize in lawyers professional liability (LPL) coverage tailored to the unique needs of Oklahoma's legal community. Our expertise extends beyond malpractice insurance to include court bonds, workers' compensation, cyber liability, and employment practices liability, all designed to safeguard legal practices comprehensively. With over four decades of local experience, we combine deep industry knowledge with personalized service, ensuring our members receive unmatched support. Our mutual structure fosters long-term relationships, prioritizing member needs over external shareholder demands. We emphasize risk management resources and financial stability, having returned tens of millions in dividends to policyholders since 1994.Our team of Oklahoma-based professionals delivers responsive claims handling and underwriting expertise, reflecting our commitment to the state's legal profession. By maintaining a local focus and cultivating direct relationships, we provide peace of mind through both favorable and challenging times. Our continuous investment in innovative coverage solutions, including complimentary cyber liability protection since 2013, demonstrates our forward-thinking approach to risk management. This enduring dedication to Oklahoma attorneys establishes OAMIC as the trusted choice for professional liability insurance in the state.
Services
Lawyers Professional Liability
Employed Lawyers Liability
Court Bonds
Workers Compensation
Cyber Liability
Office Package Policy
Employment Practices Liability
Personal Umbrella
Notary Hub
Clio Integration
Details
- Year established: 1980
Highlights and features
- We are the only Oklahoma-based mutual insurer exclusively serving legal professionals
- We provide complimentary cyber liability coverage with all malpractice policies since 2013
- Our mutual structure allows us to return dividends to policyholders annually since 1994
- We offer tailored risk management resources specific to Oklahoma's legal landscape
- Our local team provides direct access without call centers or automated systems
What people say
Cordial and efficient
Prompt service
Knowledgeable staff
Peace of mind is priceless
Never leave OAMIC
Services
Lawyers Professional Liability
Our core offering protects Oklahoma attorneys against claims of professional negligence. This coverage includes defense costs, settlements, and judgments arising from alleged errors or omissions in legal services. Policies feature customizable limits starting at $100,000 per claim, worldwide coverage, and prior acts protection, ensuring comprehensive risk management for private practice attorneys.
Employed Lawyers Liability
Designed for attorneys working in corporate legal departments, this policy covers claims arising from professional services rendered as company employees. It includes worldwide coverage, prior acts protection, and extends to non-lawyer staff activities, providing financial security for legal professionals employed outside private practice settings.
Court Bonds
We provide court fiduciary and judicial guarantee bonds that meet Oklahoma's legal requirements. These bonds ensure proper handling of court-related financial responsibilities, offering simplified purchasing processes and competitive pricing for both individual attorneys and legal organizations requiring court-mandated financial guarantees.
Cyber Liability
Included at no additional cost with all malpractice policies since 2013, this coverage addresses cyber risks facing legal practices. It protects against data breaches, network security failures, and electronic privacy violations, helping Oklahoma attorneys manage modern digital threats to client information and practice operations.
Workers Compensation
Mandatory for Oklahoma employers, our workers' compensation insurance covers workplace injuries and occupational diseases. This protection addresses medical expenses, rehabilitation costs, and lost wages for legal practice employees, ensuring compliance with state requirements while safeguarding both employers and workers.
People
Phil Fraim
President and CEO
Leading OAMIC since 1993, Phil Fraim has cultivated unique relationships with policyholders through mutual ownership principles and local expertise. His 30-year executive leadership has strengthened the company's commitment to Oklahoma attorneys.
Isaac Fraim
Vice President, Director of Operations
Isaac Fraim oversees operations with a focus on maintaining OAMIC's mutual company structure. His leadership ensures efficient service delivery while preserving the organization's Oklahoma-centric approach to legal professional liability insurance.
Alejandro Quinones
Director of Finance
As finance director, Alejandro Quinones manages financial strategy and reporting. His expertise maintains OAMIC's strong financial position, supporting the company's ability to return dividends to policyholders annually since 1994.
Laura Stone
Director of Marketing
Laura Stone leads marketing and communications strategies that emphasize OAMIC's unique value proposition. Her work highlights the company's Oklahoma roots and policyholder-centric approach in professional liability insurance.
Carolyn Smith
Senior Vice President, Claims
Carolyn Smith heads claims management with over 25 years of experience. Her leadership ensures prompt, fair handling of claims while maintaining OAMIC's reputation for standing by insured attorneys through challenging situations.
Questions
What areas do you serve?
We exclusively serve Oklahoma attorneys, providing locally tailored professional liability insurance and related products.
How quickly can I get a quote?
Most online applications receive quotes within 24 hours through our convenient portal system.
What makes you different from other insurers?
As Oklahoma's only mutual insurer for lawyers, we combine local expertise with policyholder ownership benefits since 1980.
Do you offer cyber liability coverage?
Yes, we've included cyber liability protection at no extra charge with all malpractice policies since 2013.
How are claims handled?
Claims are managed directly by Oklahoma-based professionals with prompt reporting options through our portal or by phone.
What additional products do you offer?
Beyond malpractice insurance, we provide court bonds, workers' compensation, office package policies, and employment practices liability coverage.
