Who is BPIC?
Bishops' Plan Insurance Company (BPIC) is a captive insurance company owned by 31 Roman Catholic dioceses and archdioceses across the United States. Established in 2003, BPIC provides tailored, comprehensive risk financing and self-insurance solutions designed to meet the unique needs of each member diocese.
Our Mission
A diocesan-led program that manages risk with purpose—containing costs today while sustaining ministry for tomorrow.
Governance
BPIC is governed by a Captive Board of Directors, an Episcopal Moderator, and various Operating Committees, ensuring robust oversight and strategic direction.
Why choose BPIC?
- Customized Solutions: Tailored risk financing programs to fit the specific needs and risk appetite of each diocese.
- Cost Efficiency: Long-term reduction in the total cost of risk.
- Control: Greater control over claims and incidents, allowing for a pastoral response.
- Financial Strength: Policies issued by Lloyd’s of London, the largest insurance conglomerate in the world.
- Ownership: Opportunity to participate as an owner in a group church program, diversifying your insurance coverage.