# CompSource Mutual Insurance Company > Oklahoma's premier workers' compensation provider \-\- Oklahomans serving Oklahomans\. ## At a glance | Field | Value | | --- | --- | | Type | Carrier | | Region | NA | | Headquarters | Oklahoma City, Oklahoma | | Founded | 1933 | | Stage | Established | | Employees | 201-500 | ## Overview CompSource Mutual Insurance Company is a domestic mutual workers' compensation carrier licensed in Oklahoma, founded in 1933 and headquartered in Oklahoma City with an additional office in Tulsa. Originally established as a state-sponsored fund, the company converted to an independent mutual insurer effective January 1, 2015, adopting the CompSource Mutual name at that time. The company distributes coverage through both direct and independent agent channels, serving Oklahoma employers across industries including construction, agriculture, oil and gas, healthcare, manufacturing, and retail. Core services include workers' compensation insurance, on-site risk control consulting, a 24/7 nurse advice line (ConsultCare), and an extensive bilingual safety training library. In March 2026, CompSource Mutual selected Akur8's Core Platform to build actuarial pricing models in-house, expanding its technology stack for underwriting and financial forecasting. CompSource Mutual holds an A (Excellent) rating from A.M. Best and has grown policyholder surplus from USD 428M in 2015 to USD 971M in 2024. The company operates under a mutual ownership structure with no external investors; policyholders are the owners. In March 2026, Oklahoma Insurance Commissioner Glen Mulready approved a plan to reorganize CompSource into a Mutual Insurance Holding Company (MHC) structure, with no plans to issue stock to outside investors. ## Links - Website: - Directory profile: - About: - Claims: - Careers: - Linkedin: - Agent portal: - Policyholder portal: --- *Last updated: 2026\-05\-11*