OMEX

OMEX

  • 200 Cochrane Dr Unit A
  • Markham, Ontario
  • 388

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Description

What is OMEX?OMEX is Ontario's only licensed municipal reciprocal insurer.  Reciprocals are not-for-profit organizations that are owned and operated by their members.  OMEX members pool their coverage, sharing in the risks and rewards of working together to manage insurance costs. How does Reciprocal Insurance Work?An insurance reciprocal operates similarly to other insurance companies.  They issue policies, charge premiums, transfer risk to reinsurers and pay claims.

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