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It’s the year 2023, and State National Companies is celebrating an impressive 50 years of leadership and innovation in the insurance industry.
Since 1973, State National Companies has been on a journey of growth and advancement, evolving within the insurance industry. Founded by three brothers in Texas, the company’s willingness to think outside the box has led to its success as a stand-alone managing general agency. Over the years, it has expanded to become a network of insurance companies broadly licensed throughout the U.S., pioneering specialty insurance solutions such as insurance fronting and collateral protection insurance.
State National has earned accolades such as a world-class Net Promoter Score (NPS) and an AM Best rating of “A” (Excellent). In 2014, it became a publicly traded company on the NASDAQ stock exchange. Now a division of Markel, State National continues to set high standards within the industry.
Jeremy Noble, President, Insurance, Markel, spoke highly of State National, emphasizing their unique business model, talent, and culture. He is confident that State National will build on its foundation of excellence to achieve even greater things over the next 50 years.
Today, State National remains committed to introducing innovations and technological enhancements to simplify and streamline insurance for its clients, policyholders, and business partners. The company’s partnership-oriented engagement with stakeholders sets it apart, with a primary goal of enabling its partners to operate their businesses seamlessly and with greater efficiency.
Matt Freeman, State National’s President and CEO, expressed gratitude for the people who have contributed to the company’s success over the past five decades, setting a high standard of excellence and driving continuous improvement.
State National Companies, Inc. is a leading specialty provider of property and casualty insurance services operating in two niche markets across the U.S.