Ohio Bureau of Workers' Compensation State Insurance Fund (SIF)

Ohio Bureau of Workers' Compensation State Insurance Fund (SIF)

The Ohio Bureau of Workers' Compensation State Insurance Fund operates as the primary insurer for workplace injuries across the state. Stephanie McCloud assumed the top role in November 2024, succeeding John Logue. Robert Palmeri serves as Chief Investment Officer and Kevin Giangola as Chief Financial Officer. The Industrial Commission of Ohio functions as the partner adjudicatory agency. Assets are allocated across a BWC Bond Portfolio, a BWC Equity Portfolio with global exposure, and a BWC Real Estate Portfolio focused on mixed-use holdings inside the United States. The fund also maintains venture capital exposure. Geographic reach centers on domestic fixed-income and real-estate markets with equity investments extending internationally. The Ohio Manufacturers' Association maintains an ongoing industry-association relationship. The BWC Safety Grant Program provides separate grant funding for workplace safety improvements. No additional offices or headcount figures are recorded. November 2024 marked the leadership transition to McCloud. The fund's mandate requires investment returns to offset future claims liabilities rather than generate external distributions. Governance ties the portfolio directly to statutory reserve requirements and annual rate-setting for Ohio employers.