From adversity, a better way. At the turn of this century, physicians encountered escalating premiums and a shortage of available medical malpractice insurance carriers. In response to these unfavorable conditions, a group of like-minded physicians and surgeons came together to defy a historically unstable insurance market and create Oceanus Insurance.
Today, Oceanus continues to grow in membership while maintaining stability for physicians looking to free themselves from unpredictable market influences.
Domiciled in South Carolina, Oceanus is a non-assessable Risk Retention Group (RRG) that is wholly owned by its policy holders. We provide medical professional liability insurance to physicians and surgeons through independent insurance agents.