Mid-Continent Group
Mid-Continent Group is a Tulsa-based specialty commercial insurance and surety carrier, wholly owned by Great American Insurance Group, serving small and mid-sized businesses with difficult-to-place risks through appointed independent agents across construction, energy, manufacturing, and trucking.
- Company typePrivate
- Founded1947
- HeadquartersTulsa, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Mid-Continent Group does
Mid-Continent Group is a specialty commercial insurance and surety provider headquartered in Tulsa, Oklahoma, operating as a wholly-owned subsidiary of Great American Insurance Group (GAIG), a Fortune 500 carrier. The group traces to General Bonding & Insurance Company (1947), reorganized through the 1956 merger into Mid-Continent Casualty Company (operated by the Inhofe family) and joined GAIG in the 1980s. Today it serves independent insurance agents and their small-to-medium business clients with difficult-to-place or unique risks across construction, energy/mining, manufacturing, and trucking/warehousing, holding A+ (Superior) AM Best and A+ S&P financial strength ratings.
The company operates through four insurance entities — Mid-Continent Casualty Company and Mid-Continent Assurance Company (admitted carriers), Mid-Continent Excess and Surplus Insurance Company (non-admitted surplus lines), and Oklahoma Surety Company — plus Mid-Continent Specialty Insurance Services, Inc. This multi-entity structure enables nationwide distribution of severity-driven general liability, inland marine (contractor's equipment, builders risk, cargo, energy lease property, equipment dealers), commercial auto, underground storage tank pollution liability, and commercial excess/umbrella products, with surety limited to AR, KS, LA, OH, OK, and TX. Technology is operational rather than transformative: an Agent Portal (mcgagents.mcg-ins.com) for quote/bind/policy/claims management and an Insured Portal (insured.mcg-ins.com) for policyholder self-service. There is no disclosed AI/ML capability in underwriting or claims.
Revenue is generated through recurring insurance premiums priced on a quote-based, risk-assessed basis under multi-year policies, with geographic coverage across most U.S. jurisdictions (MCCC excluded from AK, CA, HI, NY, DC; surplus lines excluded from CA, MA, ME, NY, RI). Distribution is 100% indirect via appointed independent agents, and the specialty E&S/surety positioning creates a defensible niche within the GAIG portfolio.
Mid-Continent Group firmographics
Firmographics- Name
- Mid-Continent Group
- Legal name
- Mid-Continent Casualty Company
- Website
- https://mcg-ins.com
- Company type
- Private
- Founded year
- 1947
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Mid-Continent Group is a Tulsa-based specialty commercial insurance and surety carrier, wholly owned by Great American Insurance Group, serving small and mid-sized businesses with difficult-to-place risks through appointed independent agents across construction, energy, manufacturing, and trucking.
- Ownership category
- akta.pro rank
Mid-Continent Group industry classification
Industry- Product category
- Specialty Commercial Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
- akta.pro secondary industry
- Premises/Operations Liability Umbrella / Excess (FSAJANAL)
Keywords
Where Mid-Continent Group is headquartered
LocationHeadquarters
- HQ city
- Tulsa
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Mid-Continent Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premium Revenue: Mid-Continent Group generates revenue through property and casualty insurance premiums. The company offers both admitted insurance products (through Mid-Continent Casualty Company and Mid-Continent Assurance Company) and non-admitted/surplus lines products (through Mid-Continent Excess & Surplus Insurance Company). They also offer surety products through Oklahoma Surety Company. Revenue is generated from premium payments by policyholders for coverage including general liability, inland marine, commercial auto, and specialty insurance products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based commercial insurance pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Mid-Continent Group product offering
Product offeringCore offering
Mid-Continent Group underwrites and distributes specialty commercial property and casualty insurance and surety products for small to medium-sized businesses with difficult-to-place or unique risks. Coverage is provided through four operating entities (Mid-Continent Casualty Company, Mid-Continent Assurance Company, Mid-Continent Excess & Surplus Insurance Company, and Oklahoma Surety Company) and sold exclusively through appointed independent insurance agents.
Product overview
Mid-Continent Group is a specialty commercial insurance provider offering a portfolio of insurance products through four operating subsidiaries: Mid-Continent Casualty Company, Mid-Continent Assurance Company, Mid-Continent Excess & Surplus Insurance Company, and Oklahoma Surety Company. The product portfolio consists of admitted insurance products (General Liability, Inland Marine, Commercial Auto, Commercial Excess Liability and Umbrella) and non-admitted surplus lines products through the E&S carrier. Inland Marine encompasses multiple sub-products including Contractor's Equipment, Welders & Field Service PACK, Builders Risk, Installation Coverage, Cargo & Transportation Coverages, Energy Lease Property, and Equipment Dealers. Commercial Auto covers business vehicles, trailers, and specialty vehicles. The TOP (Tank Owner Pollution Liability) program provides specialized pollution coverage for underground storage tank sites. Products are distributed through independent agents via the Agent Portal with quote and bind capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- General Liability Coverage (Admitted) General liability insurance coverage provided through Mid-Continent Casualty Company and Mid-Continent Assurance Company for small to medium-sized businesses that have difficulty obtaining severity-driven coverage from standard markets.
- General Liability Coverage (Non-Admitted) General liability coverage offered through Mid-Continent Excess & Surplus Insurance Company for risks that do not fit the standard admitted appetite due to specific exposure or rate and form limitations.
- Inland Marine Insurance Protection for tools, equipment and products that move on land or are kept away from facilities, covering losses related to theft, vandalism and certain weather-related damage.
- Commercial Auto Insurance Coverage for cars, trucks, and vans used for business purposes including business auto, sport utility vehicles, motorhomes/RVs, dry freight trailers, flatbed trailers, and utility trailers.
- Underground Storage Tank Owner Pollution Liability (TOP) Specialized pollution liability insurance for underground storage tank sites covering first party cleanup costs and third-party pollution liability, including open remediation, prior contamination, and coastal exposures.
- Commercial Excess Liability and Umbrella Additional coverage beyond primary liability insurance limits protecting clients from sizable judgments and lawsuit defense costs.
- Oklahoma Surety Company Surety Products Surety bond products offered by Oklahoma Surety Company, authorized in Arkansas, Kansas, Louisiana, Ohio, Oklahoma and Texas.
- Agent Quick Quote & Bind Products Quick quote and bind products for agents including Flow Tester, Homebuilders, Mobile Welder, Oilfield Welder, Pumpers and Gaugers, Underground Storage Tank Owner Pollution Liability, Oil Lease Operators, and Roustabout.
Companies that use Mid-Continent Group
Customer profileSegments5 records
Ideal customer profiles2 records
Mid-Continent Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mid-Continent Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Great American Insurance GroupflagshipMid-Continent Group is a member company of Great American Insurance Group (GAIG), a Fortune 500 company headquartered in Cincinnati, Ohio. This partnership provides Mid-Continent with access to GAIG's extensive resources including loss control experts, safety video libraries, and the stability of one of the largest insurance providers in the United States. GAIG has 6,700 employees in over 120 locations worldwide. Mid-Continent benefits from GAIG's financial strength while maintaining its specialized focus on difficult-to-place commercial insurance risks.
Scale indicators6 records
Recent moves9 records
Expansion highlights3 records
Mid-Continent Group competitors and assessment
Company assessmentDirect peers
- Accelerant Insurance: Specialty insurance platform providing E&S carriers and managing general agents with risk exchange and data capabilities. Comparable specialty commercial insurance focus on difficult-to-place SMB and contractor risks.
- James River Insurance Group: Specialty excess and surplus lines commercial insurer focused on hard-to-place small and middle-market risks across similar classes (contractors, hospitality, commercial auto). Directly comparable in distribution through independent agents and mix of admitted/non-admitted products.
- ICW Group: Specialty regional P&C carrier focused on commercial workers' compensation, commercial auto, and property for SMBs, distributed through independent agents. Similar agent-driven SMB specialty commercial model though more regional in scope.
- Nautilus Insurance Group: Excess and surplus lines commercial insurer focused on small to mid-sized businesses with specialty risks including contractors and commercial auto. Similar agent-driven distribution and SMB hard-to-place specialty positioning.
- CapSpecialty: Specialty property and casualty insurer underwriting excess and surplus lines business for difficult-to-place risks through wholesale brokers. Closely comparable E&S specialty model targeting similar hard-to-place SMB segments.
Broad incumbents
- Berkshire Hathaway Specialty Insurance: Specialty division of Berkshire Hathaway providing commercial P&C, executive lines, and surety for mid-market and larger accounts. Overlaps in specialty commercial risks and surety but serves larger accounts on average.
- Travelers: Large national property and casualty insurer with significant commercial lines operations including commercial auto, inland marine, and umbrella coverage. Overlaps in SMB commercial products but operates as a broad incumbent across many segments.
- Chubb: Global P&C insurer with a strong commercial middle-market specialty franchise offering GL, inland marine, commercial auto, umbrella, and surety. Comparable product set to Mid-Continent but with broader scale and broader geographic reach.
- Great American Insurance Group: Fortune 500 parent company of Mid-Continent Group offering a broad portfolio of specialty property, casualty, and surety products. Comparable in product categories but operates at much larger scale with diversified specialty divisions.
Emerging players
- Markel Corporation: Specialty insurer with niche commercial lines including surety, commercial auto, and inland marine. Comparable specialty product mix and agent distribution, though Markel serves broader segments including specialty personal and reinsurance.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Mid-Continent Group social profiles
Digital presenceMid-Continent Group compliance and trust
Trust signalCompliance3 records
Mid-Continent Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mid-Continent Group leadership team
Management profileNumber of profiles
Profiles9 records
Mid-Continent Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mid-Continent Group 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 Mid-Continent Group
What does Mid-Continent Group do?
Mid-Continent Group underwrites and distributes specialty commercial property and casualty insurance and surety products for small to medium-sized businesses with difficult-to-place or unique risks. Coverage is provided through four operating entities (Mid-Continent Casualty Company, Mid-Continent Assurance Company, Mid-Continent Excess & Surplus Insurance Company, and Oklahoma Surety Company) and sold exclusively through appointed independent insurance agents.
Is Mid-Continent Group a public or private company?
Mid-Continent Group is a private company. It is classified as corporate owned and is currently operating.
When was Mid-Continent Group founded?
Mid-Continent Group was founded in 1947. It employs 251 to 500 people.
Where is Mid-Continent Group based?
Mid-Continent Group is headquartered in Tulsa, United States, in the North America region.
How does Mid-Continent Group make money?
One revenue line is on record: insurance Premium Revenue.
Who are Mid-Continent Group's main competitors?
Direct peers on record are Accelerant Insurance, James River Insurance Group, ICW Group, Nautilus Insurance Group and CapSpecialty. Broad incumbents are Berkshire Hathaway Specialty Insurance, Travelers, Chubb and Great American Insurance Group. Markel Corporation is listed as an emerging player.
Does Mid-Continent Group have an API?
No public API is recorded for Mid-Continent Group.
What industry is Mid-Continent Group in?
Mid-Continent Group's product category is Specialty Commercial Insurance. Its primary akta.pro industry code is FSAJAFAB, Mid-Market Commercial Package (Package Policies), with a secondary code of FSAJANAL, Premises/Operations Liability Umbrella / Excess. Its NAICS code is 524126 and its SIC code is 6331.