Prescient National
Prescient National is a U.S. workers' compensation insurance carrier offering Guaranteed Cost, Deductible, Retrospective Rating, Captive, and TPA programs through agency, brokerage, and program business partners, serving employers across multiple industry verticals with analytics-driven claims management.
- Company typePrivate
- Founded2002
- HeadquartersCharlotte, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Prescient National does
Prescient National is a U.S. workers' compensation insurance carrier headquartered in Charlotte, North Carolina, founded in 2002 and operating nationally across multiple states. The company underwrites a full spectrum of workers' compensation programs — Guaranteed Cost, Small/Mid-Size and Large Deductible, Retrospective Rating, Excess/Self-Funded, Captive Insurance, and Loss Portfolio Transfers — and complements them with Third-Party Administrator (TPA) services for self-insured employers and Program Business solutions targeting underserved industry niches. Its revenue model is anchored on insurance premiums, with fee-based revenue from TPA engagements and program administration layered on top.
The company is distributed exclusively through a national network of independent agents and brokers plus program business partners, with supplemental applications and underwriting inboxes tailored to each industry vertical. Technology underpins the operating model: a Multilingual Texting Platform supports auto-translation in 18 languages for injured-worker communication; the IntelliFROI portal enables electronic claim reporting and document management; deep analytics and trend analysis drive proactive claims management; and a Nurse Analyst Program plus Opioid Abuse Program provide clinical oversight on medical and pharmacy decisions. Telemedicine, an in-network medical provider panel, and Optum pharmacy benefit management round out the care management stack.
Customer segments span nine primary verticals, including Temporary Staffing, School Systems, Healthcare, Manufacturing, PEOs, Farming/Agriculture, Retirement Communities, Restaurants, and Non-Profits. The company holds an AM Best A (Excellent) Financial Strength Rating and reports average claims costs 32% below industry benchmarks. In December 2024, Prescient National was acquired by LWCC (Louisiana Workers' Compensation Corporation), a 19-time Wards 50 mutual carrier, with the stated goal of building a combined top-50 U.S. workers' comp carrier by premium while Prescient National continues to operate as a separate business.
Prescient National firmographics
Firmographics- Name
- Prescient National
- Legal name
- Prescient National Insurance
- Website
- https://prescientnational.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Prescient National is a U.S. workers' compensation insurance carrier offering Guaranteed Cost, Deductible, Retrospective Rating, Captive, and TPA programs through agency, brokerage, and program business partners, serving employers across multiple industry verticals with analytics-driven claims management.
- Ownership category
- akta.pro rank
Prescient National industry classification
Industry- Product category
- Workers' Compensation Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Workers’ Compensation Insurance for Staffing/PEO & Contingent Workforce (FSAJAEAE)
Keywords
Where Prescient National is headquartered
LocationHeadquarters
- HQ city
- Charlotte
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Prescient National business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Workers' Compensation Insurance Premiums: Prescient National generates revenue primarily through Workers' Compensation insurance premiums. The company offers multiple program types including Guaranteed Cost Policies, Small & Mid-Size and Large Deductible Policies, Retrospective Rating Policies, Excess/Self Insurance, and Captive Options. Premium is based on employer risk profile, payroll, employee classification codes, and Experience Modification Rating.
- TPA Services: Third-Party Administrator services for self-insured employers providing proactive claims management, loss prevention, and comprehensive Workers' Compensation program management.
- Program Business: Industry-specific Workers' Compensation solutions developed for niche markets through program business arrangements. The program business industry produces over $40.5 billion in premium annually according to TMPAA.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Guaranteed Cost Policies - Traditional fixed premium approach |
| Subscription | Annual | Small to Mid-Size Deductible Programs |
| Subscription | Annual | Large Deductible Workers' Compensation |
| Outcome Based/ Performance | Multi-year contract | Retrospective Rating Policies |
| Other | Annual | Excess Insurance/Self-Funded Plans |
| Subscription | Annual | Captive Insurance |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Prescient National product offering
Product offeringCore offering
Prescient National is a workers' compensation insurance carrier that underwrites and services workers' compensation coverage for employers across the United States. The company sells multiple policy structures (Guaranteed Cost, Small/Mid-Size and Large Deductible, Retrospective Rating, Excess/Self-Funded, Captives) and provides complementary claims management, risk management, TPA, and program business services through independent agents and brokers. Its value proposition centers on 32% lower average claims costs versus industry benchmarks, deep analytics-driven loss prevention, and vertically specialized coverage for niches such as temporary staffing, healthcare, school systems, and manufacturing.
Product overview
Prescient National is a workers' compensation insurance carrier offering a comprehensive suite of products and services designed for employers and their agency/brokerage partners. The core product portfolio centers on Workers' Compensation Policies (Guaranteed Cost, Small/Mid-Size and Large Deductible, and Retrospective Rating plans) that can be tailored to employer risk appetite and loss history. The company differentiates through specialized risk management services (Prescient National 365) including hiring programs, post-accident drug testing, and accident investigation, as well as claims management services (Prescient National Explore, Nurse Analyst Program, Opioid Abuse Program) that deliver 32% lower average claims costs than industry. Alternative Solutions include Loss Portfolio Transfers, Excess Insurance/Self-Funded Plans, and Captive Insurance arrangements. The company also provides TPA Services for self-insured employers and Program Business solutions for niche markets. Supporting infrastructure includes a multilingual texting platform for claims communication, telemedicine services, and a medical/pharmacy network for cost-effective care.
Differentiator
Problem solved
Functional benefit
Products and services
- Guaranteed Cost Workers' Compensation Policy Traditional workers' compensation plan where Prescient National pays compensable workplace claims from the first dollar. Designed for employers who prefer predictable premiums without taking on claims risk; premium based on payroll and classification codes.
- Small to Mid-Size Deductible Workers' Compensation Policy
Quantifiable outcome
- Average claims cost 32% lower than industry average
- +2 more outcomes
Companies that use Prescient National
Customer profileNamed customers1 record
Segments9 records
Ideal customer profiles5 records
Prescient National technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
Prescient National partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
Prescient National competitors and assessment
Company assessmentDirect peers
- LWCC (Louisiana Workers' Compensation Corporation): A-rated, mutual workers' compensation carrier and Prescient National's parent company post-December 2024 acquisition. Same product constructs, AM Best A rating, and worker comp underwriting focus.
- Accident Fund Holdings (AF Group): Workers' compensation and commercial insurance carrier group with strong agency distribution and program business. Directly comparable given parallel agency-channel GTM and program business strategy.
- Builders Insurance Group: Specialty workers' compensation carrier for the construction industry with program business orientation. Comparable niche-vertical focus and underwriting specialization similar to Prescient National.
- Employers Holdings, Inc. Workers' compensation pure-play focused on small-business employers. Comparable to Prescient National's small/mid-deductible product suite and emphasis on proactive claims management.
- Zenith Insurance Company: Specialty workers' compensation carrier serving mid-market and program business employers. Directly comparable to Prescient National given its similar focus on program business, niche verticals, and underwriting-led differentiation.
- Sentry Insurance: Mutual insurance group with a dedicated workers' compensation practice targeting mid-market and large-deductible accounts. Closely comparable to Prescient National's large-deductible and retrospective rating offerings.
- AmTrust Financial Services: Specialty P&C carrier with significant workers' compensation and small-commercial business. Comparable to Prescient National for its focus on niche industries and small/mid-market employer risks.
Broad incumbents
- The Hartford: Large P&C and workers' compensation carrier with strong small-business and middle-market presence. Comparable to Prescient National on standard workers' comp accounts though broader in lines and distribution.
- Travelers Companies: One of the largest US P&C insurers with a meaningful workers' compensation book serving mid-market and large accounts. Overlaps with Prescient National on standard workers' comp accounts but does not focus on niche/program business.
- Liberty Mutual Insurance: Major diversified P&C carrier with substantial workers' compensation operations across small, mid, and large employer segments. Sets competitive benchmarks for pricing, claims service, and multi-state program delivery.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Prescient National social profiles
Digital presencePrescient National compliance and trust
Trust signalCompliance1 record
Prescient National financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prescient National leadership team
Management profileNumber of profiles
Profiles5 records
Prescient National funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prescient National M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Prescient National
What does Prescient National do?
Prescient National is a workers' compensation insurance carrier that underwrites and services workers' compensation coverage for employers across the United States. The company sells multiple policy structures (Guaranteed Cost, Small/Mid-Size and Large Deductible, Retrospective Rating, Excess/Self-Funded, Captives) and provides complementary claims management, risk management, TPA, and program business services through independent agents and brokers. Its value proposition centers on 32% lower average claims costs versus industry benchmarks, deep analytics-driven loss prevention, and vertically specialized coverage for niches such as temporary staffing, healthcare, school systems, and manufacturing.
Is Prescient National a public or private company?
Prescient National is a private company. It is classified as corporate owned and is currently operating.
When was Prescient National founded?
Prescient National was founded in 2002. It employs 51 to 100 people.
Where is Prescient National based?
Prescient National is headquartered in Charlotte, United States, in the North America region.
How does Prescient National make money?
Three revenue lines are on record. Workers' Compensation Insurance Premiums are the primary driver. The others are TPA Services and program Business.
Who are Prescient National's main competitors?
Direct peers on record are LWCC (Louisiana Workers' Compensation Corporation), Accident Fund Holdings (AF Group), Builders Insurance Group, Employers Holdings, Inc., Zenith Insurance Company, Sentry Insurance and AmTrust Financial Services. Broad incumbents are The Hartford, Travelers Companies and Liberty Mutual Insurance.
Does Prescient National have an API?
No public API is recorded for Prescient National.
What industry is Prescient National in?
Prescient National's product category is Workers' Compensation Insurance. Its primary akta.pro industry code is FSAJAEAE, Workers’ Compensation Insurance for Staffing/PEO & Contingent Workforce. Its NAICS code is 52412 and its SIC code is 6411.