OIC (Office of Insurance Commission): meaning in health insurance
สำนักงาน คปภ.
The OIC (คปภ.) is the Thai regulator that licenses insurers, agents and brokers and supervises insurance sold in Thailand.
Role of the OIC
The Office of Insurance Commission supervises insurance companies, agents and brokers in Thailand, approves policy wordings for Thai policies and handles consumer complaints. Insurers and brokers must hold an OIC licence to sell insurance in Thailand.
Check a licence
You can check a broker's or agent's licence number on the OIC website. Policies on Waisiam are arranged by All Risk Consultant Co., Ltd., an OIC-licensed broker (licence W00025/2540).
General definition: the exact rules are those of your policy wording.
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