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

Ohio Bureau of Workers' Compensation State Insurance Fund (SIF) is an Insurance based in Columbus, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Columbus, United States
- **Region:** North America
- **Address:** Columbus, United States
- **Founded:** 1912
- **Assets under management:** 21.4B (Altss estimate)
- **Website:** https://info.bwc.ohio.gov
- **LinkedIn:** https://www.linkedin.com/company/ohio-bureau-of-workers'-compensation

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Insurance
- Government Bonds
- Venture Capital
- Real Estate

## People

- Stephanie McCloud — Administrator and CEO
- Robert Palmeri — Chief Investment Officer
- Kevin Giangola — Chief Financial Officer
- John Logue — Former Administrator and CEO

## Questions

### Who runs investment decisions at the Ohio Bureau of Workers' Compensation State Insurance Fund?

Robert Palmeri serves as Chief Investment Officer. Stephanie McCloud holds final authority as Administrator and CEO.

### What asset classes does the fund hold?

Holdings include government bonds, global equities, mixed-use real estate in the United States and venture capital positions.

### How is the fund related to the Industrial Commission of Ohio?

The Industrial Commission acts as the partner agency responsible for claims adjudication within the same workers' compensation system.

### Where does the fund source its capital?

Capital originates from employer premiums collected under Ohio's mandatory workers' compensation statute.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ohio-bureau-of-workers-compensation-state-insurance-fund-sif

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology