OIC Lender Services recognizes the many choices organizations have when selecting
insurance products and services. That's why we continually work to assure our clients
are receiving the unique attention and quality of service that have become the hallmarks
of OIC Lender Services.
Many of our clients and agents have told us how refreshingly easy it is to do business
with us and how much they appreciate the straight forward, honest sharing of information.
They tell us they have been enlightened working with OIC Lender Services.
Not only are we experts in the coverage we provide, but we deliver bottom line benefits
for the client. It's the OIC way of doing things. Whether by reducing charge-offs
by using our VSI or CPI programs, increasing fee income by adding GAP, or offering
EPD to protect against risk of physical damage or theft, the OIC Lender Services
Team is available to service your individual needs.
Working with OIC Lender Services as your insurance partner, you will gain direct
access to decision makers with years of experience, translating into quick decisions
and fast turnaround times.
Our management team has years of insurance experience, as well as hands-on experience
in investment and commercial banking. This creates a knowledge base that is unmatched
in the industry.
It can be frustrating when your insurance representative changes on what can seem
like a monthly basis. OIC Lender Services has a proven reputation for offering stability
in client care.
With clients that range in size from small community banks to large financial institutions
- each with different needs and goals - OIC Lender Services can customize its products
to help meet the challenges of today and enable you to stay competitive tomorrow.
OIC Lender Services has earned prestigious A ratings, based on performance and financial
stability, from both A.M. BEST (A- Excellent) and Demotech (A" Unsurpassed), two
leading independent insurance rating firms.
OIC Lender Services claim service is the best in the industry! Our claim staff averages
15 years of claims experience per person. Fast, accurate claims service saves our
clients both time and money. For VSI & CPI physical damage claims, our standard
is to pay 95% of claims within 10 business days. For GAP claims our standard is
to pay 90% of claims within 10 business days.