National American Insurance Company Revenue and Competitors

National American Insurance Company's (NAICO) operations started in January of 1987 as a non-rated, widely licensed carrier with five million dollars 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 premiums per year. In the early 1990’s 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 our Oklahoma schools, construction contractors, oil & gas operations, manufacturers and service contractors. Through this diversification NAICO became a strong Oklahoma based insurance company. Today we are one of the larger oil & gas insurance providers in Oklahoma and Texas and widely recognized for our expertise and presence in public entity business. Through these changes NAICO has continued to grow and today the company has $48,400,000 in policyholder surplus, and is the largest commercial property & casualty premium writer in the state of Oklahoma. NAICO currently insures some of the most recognized Oklahoma based companies who on a daily basis trust NAICO’s financial stability, claim management, and dedicated customer service.