The Ontario Municipal Insurance (OMEX) is a not-for-profit insurer dedicated solely to providing insurance to Ontario municipalities since 1989. We are not a traditional insurer. What makes us different is our laser focus on municipalities in the Province of Ontario.

Ontario municipalities are our only clients. We deliver products and services specific to municipal needs.

OMEX offers a comprehensive range of insurance policies specifically designed to insure municipal exposures in todays legal and claim environment.

Our Vision is to be the insurer of choice for municipalities in Ontario in all product lines of coverage and services required. It is our Mission to provide innovative, competitively priced products ensuring long term viability and sustainability of the reciprocal.

How does Reciprocal Insurance Work?

OMEX operates similar to other insurance companies in that we issue insurance policies, charge premiums, transfer risk to reinsurers and pay claims.  We are, however, a member-governed alternative to the conventional insurance market.  As a risk sharing group, our members’ input helps us create new products and services to support their future needs.  Our Board of Directors is composed of senior municipal staff elected by the membership.  The day-to-day management of the reciprocal is handled by a team of insurance professionals who are experts in municipal insurance solutions.

Reciprocal insurance premiums do not include a profit factor, but rather reflect the “true cost of claims”.  The OMEX Members agree to share these costs according to the formula set out in the Reciprocal Agreement.

What is the Reciprocal Advantage?

Most OMEX members point to greater control and cost stability as the greatest advantages of reciprocal insurance.  Members determine how OMEX is run and how premiums are spent focusing on products and services that meet their needs.  Members work side-by-side with OMEX professionals to ensure appropriate coverage and to reduce their overall insurance costs.

The OMEX management team are experts in the field of municipal insurance.  They provide creative, proactive solutions which help our members effectively manage the cost of risk in their municipalities.  OMEX acts as a focal point to share best practices so that our members can learn from others and gain knowledge from their experiences.

Why is municipally-focused insurance important?

No other insurer is so completely focused on serving the unique needs of Ontario municipalities.  We deliver in-house underwriting, risk management, risk advisory, program administration, claims administration, member education and much more…direct to our members.

Because it’s our only business, we create products and services specific to municipal needs.  We identify the risks inherent in your operations and provide coverage solutions or risk management tools to help you control that risk.  The OMEX team is proactive and has extensive experience in the problems your municipality faces every day.  Whether it’s a seasonal, or first time event, the OMEX team can share with you best practices to care for both your assets and your employees.

OMEX staff understand the environment under which municipalities must operate in terms of legislation and expectations.  Our team provides input to various municipal associations and provincial ministries on matters of municipal risk and insurance.  Whether it is serving on the task force reviewing Minimum Maintenance Standards for Ontario roads or dealing with the impact of Joint & Several liability on municipal claims, OMEX is always focused on what is best for Ontario municipalities.

Are Reciprocals a new idea?

No. Reciprocals are a proven and popular concept among organizations that share a common interest.  Most have been in existence since the early 1980’s.  Today, reciprocals insure the majority of hydro-electric commissions and school boards in Ontario, as well as many hospitals and universities across Canada.  Municipal reciprocals exist in other parts of Canada including British Columbia and Nunavut. To learn more about reciprocals in Canada, please go to CAIR.