National American Insurance Company
NAICO is a privately held commercial property and casualty insurer underwriting eight lines (Workers' Comp, Property, Auto, General Liability, Surety, Inland Marine, Crime, Excess) for construction, manufacturing, oil & gas, and service contractor clients across the United States, distributed exclusively through appointed independent agents.
- Company typePrivate
- Founded1987
- HeadquartersChandler, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What National American Insurance Company does
National American Insurance Company (NAICO) is a privately held commercial property and casualty insurance carrier founded in 1987 and headquartered in Chandler, Oklahoma, operating as part of the Chandler Group of Companies. The company underwrites and distributes eight core commercial insurance lines — Inland Marine, Property, Surety, Workers' Compensation, Auto, Crime, Excess, and General Liability — targeting four primary industry verticals: construction, manufacturing, oil & gas, and service contractors. Distribution is conducted exclusively through a network of appointed independent insurance agents supported by a dedicated agent portal, Territory Managers, and targeted marketing materials; the company does not sell directly to end customers. Pricing is quote-based, varies by line of business, industry, coverage limits, and risk profile, and bills on an annual cadence.
NAICO's underlying technology stack consists of standard commercial insurance underwriting and claims management systems with no disclosed proprietary AI or data platforms. The company differentiates operationally through value-added services layered onto its workers' compensation book — including medical bill auditing (up to 60% savings), a 1,000,000+ facility PPO network, and a 150,000+ location prescription drug program — and through a Texas Health Care Network partnership with CorVel that has delivered more than 55% savings on Texas work comp claims. Claims adjusters average 20 years of tenure, and the company maintains an AM Best A (Excellent) financial strength rating and has been recognized as a Ward's Top 50 Property & Casualty Performer for six consecutive years from 2020 through 2025. Revenue is not publicly disclosed, and the company is explicitly not affiliated with American National Insurance Company.
National American Insurance Company firmographics
Firmographics- Name
- National American Insurance Company
- Legal name
- National American Insurance Company
- Website
- https://naico.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- NAICO is a privately held commercial property and casualty insurer underwriting eight lines (Workers' Comp, Property, Auto, General Liability, Surety, Inland Marine, Crime, Excess) for construction, manufacturing, oil & gas, and service contractor clients across the United States, distributed exclusively through appointed independent agents.
- Ownership category
- akta.pro rank
National American Insurance Company industry classification
Industry- Product category
- Commercial Property & Casualty Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers and Related Activities (524), Insurance Carriers (5241)
- SIC
- Fire, Marine & Casualty Insurance (6331), Surety Insurance (6351), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Large Commercial Package (National Accounts) (FSAJAFAC)
- akta.pro secondary industries
- Commercial Auto & Fleet Liability Insurance (Primary) (TLABANAA), Pollution / Environmental Liability (FSAJADAI), Environmental / Pollution Liability (FSAJAGAF), Employer’s Liability (FSAJADAE), Public Liability (Premises/Operations) (FSAJADAD)
Keywords
Where National American Insurance Company is headquartered
LocationHeadquarters
- HQ city
- Chandler
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
National American Insurance Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales, Technology or R&D
Revenue model
- Commercial Insurance Premiums: NAICO generates revenue through underwriting and selling commercial insurance policies across multiple lines of business including Workers' Compensation, Property, Auto, General Liability, Surety, Inland Marine, Crime, and Excess coverage. Revenue is derived from insurance premiums collected from policyholders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Commercial insurance coverage with customized pricing based on risk profile |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
National American Insurance Company product offering
Product offeringCore offering
National American Insurance Company underwrites and sells commercial property and casualty insurance across eight core lines: Workers' Compensation, Property, Auto, General Liability, Surety, Inland Marine, Crime, and Excess. Coverage is tailored to businesses in the construction, manufacturing, oil & gas, and service contractor industries, distributed exclusively through a network of appointed independent insurance agents supported by NAICO Territory Managers.
Product overview
National American Insurance Company (NAICO) offers a comprehensive portfolio of commercial insurance products designed to protect businesses across multiple industries including construction, manufacturing, oil & gas, and service contractors. The company's product suite consists of eight core insurance offerings: Inland Marine, Property, Surety, Workers' Compensation, Auto, Crime, Excess, and General Liability. These products work together to provide holistic risk management solutions, with specialized coverage for industry-specific challenges ranging from equipment breakdowns to liability claims. NAICO's offerings also include ancillary services such as risk control and claims management to support policyholders throughout the insurance lifecycle.
Differentiator
Problem solved
Functional benefit
Products and services
- Inland Marine Coverage for goods, equipment, and property in transit or stored at temporary locations, protecting businesses from losses during transportation or temporary storage.
- Property Insurance coverage for commercial property including buildings, contents, and equipment against risks such as fire, theft, and natural disasters.
- Surety Surety bonds that support contractors and businesses in meeting legal and contractual obligations with financial assurance.
- Workers' Compensation Insurance providing medical benefits and wage replacement to employees injured or disabled in the course of employment, as required by state law.
- Auto Commercial automobile insurance coverage for business vehicles, protecting against liability and physical damage risks.
- Crime Coverage protecting businesses against losses from employee dishonesty, theft, forgery, fraud, and other criminal acts.
- Excess Excess liability coverage providing additional protection above primary policy limits for businesses facing high-risk exposures.
- General Liability Standard commercial general liability insurance covering bodily injury, property damage, and personal injury claims arising from business operations.
- Risk Control Proactive risk management and loss control services supporting NAICO commercial policyholders in identifying and mitigating exposures.
- Claims Management End-to-end claims handling services for NAICO policyholders, including 24/7 claim reporting, claims adjusters with average 20-year tenure, workers' comp 3-point contact, medical case management, and return-to-work programs.
Companies that use National American Insurance Company
Customer profileSegments4 records
Ideal customer profiles4 records
National American Insurance Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
National American Insurance Company partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CorVel (Texas Health Care Network)coreNAICO partners with CorVel's Certified Workplace Medical Plan (CWMP) to provide cost-effective, appropriate, and timely treatment for injured workers while reducing medical costs and lost time through facilitated return-to-work plans. The Texas Health Care Network provides quality medical treatment at minimal cost with advantages including timely medical services, cost reduction, dispute resolution, aggressive case management, early return-to-work programs, and emergency authorization for non-plan healthcare providers. NAICO customers have experienced savings of more than 55% on Texas work comp claims through this partnership.
Scale indicators9 records
Recent moves5 records
Expansion highlights4 records
National American Insurance Company competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights6 records
Customer concentration
National American Insurance Company social profiles
Digital presenceNational American Insurance Company compliance and trust
Trust signalCompliance2 records
National American Insurance Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
National American Insurance Company leadership team
Management profileNumber of profiles
National American Insurance Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National American Insurance Company 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 National American Insurance Company
What does National American Insurance Company do?
National American Insurance Company underwrites and sells commercial property and casualty insurance across eight core lines: Workers' Compensation, Property, Auto, General Liability, Surety, Inland Marine, Crime, and Excess. Coverage is tailored to businesses in the construction, manufacturing, oil & gas, and service contractor industries, distributed exclusively through a network of appointed independent insurance agents supported by NAICO Territory Managers.
Is National American Insurance Company a public or private company?
National American Insurance Company is a private company. It is classified as corporate owned and is currently operating.
When was National American Insurance Company founded?
National American Insurance Company was founded in 1987. It employs 101 to 250 people.
Where is National American Insurance Company based?
National American Insurance Company is headquartered in Chandler, United States, in the North America region.
How does National American Insurance Company make money?
One revenue line is on record: commercial Insurance Premiums.
Does National American Insurance Company have an API?
No public API is recorded for National American Insurance Company.
What industry is National American Insurance Company in?
National American Insurance Company's product category is Commercial Property & Casualty Insurance. Its primary akta.pro industry code is FSAJAFAC, Large Commercial Package (National Accounts), with a secondary code of TLABANAA, Commercial Auto & Fleet Liability Insurance (Primary). Its NAICS code is 524126 and its SIC code is 6331.