About Us

About Us

National American Insurance Company's (NAICO) operations began in January of 1987 as a non‐rated, widely licensed carrier with $5 million in policyholder surplus. We quickly made a name for ourselves as an insurance company that specialized in offering exceptional trucking insurance products with unparalleled services. NAICO later developed into a strong trucking competitor with an extensive customer base, which included some of the most recognized trucking companies throughout the country. Cumulatively these customers generated about $200,000,000 in premium per year. In the early 1990s due to rate inadequacy in the trucking segment, we made the decision to diversify our product offerings.

Through this diversification strategy new programs and products were created to meet the needs of the Oklahoma schools, construction contractors, oil and gas operators, manufacturers and service contractors. NAICO became a strong regional insurance company. Today we are one of the larger oil and gas insurance providers in Oklahoma, Texas, New Mexico, Wyoming, Montana, Kansas, North Dakota, South Dakota and Colorado. NAICO has continued to grow and as of December 31, 2013, the company had $60.9 million in policyholder surplus, and is currently the largest commercial property and casualty premium writer in the state of Oklahoma. NAICO currently insures some of the most recognized Oklahoma based companies who trust our ability to deliver financial stability, quality claim management, and dedicated customer service.

For more than 25 years, NAICO has worked to build a solid reputation from our home office in Chandler, Oklahoma around a diversified regional strategy. As an innovator in the insurance industry, we offer specialized and customized insurance opportunities in multiple industry segments. We underwrite various standard lines insurance products including workers’ compensation, automobile, general liability, property, umbrella and surety. We are licensed to write property and casualty insurance in 44 states and the District of Columbia. We also have the ability to offer multiple insurance program structures such as retrospective rating programs, large deductibles and self‐insured retentions as well as first dollar guaranteed cost programs.

NAICO's seasoned claim staff has handled claims throughout every region of the country and are familiar with case law and statutes relating to specialty industries. Our expertise in handling large deductible and retrospective rating programs is demonstrated on a daily basis with numerous customers who self-insure excess of the first $100,000 of any one loss occurrence.

NAICO's primary business goal is to provide mainstream property and casualty insurance products coupled with unparalleled service. As a regional carrier, we operate with a philosophy to provide insurance to markets where we can most effectively assess risk, create growth opportunities through an existing network of agents and offer superior service to attract and retain quality customers and agents.

NAICO's dedicated underwriting, loss control and claim management teams join the mission in providing specialized, innovative and customized insurance opportunities for our customers. We strive to "set the standard that others strive for" by adapting to the ever changing insurance environment and providing superior service to our customers.

To carry out our goals, NAICO consistently offers three major advantages over the competition:

• A qualified, experienced staff of over 200 insurance and risk management professionals.
• A dedication to understanding our clients’ insurance needs.
• A commitment and passion to continually "set the standard that others strive for" in every aspect of our business.