National Council of Insurance Legislators

What National Council of Insurance Legislators does

The National Council of Insurance Legislators (NCOIL) is a U.S. non-profit legislative organization founded in 1969, headquartered in Belmar, New Jersey, with all 50 states as members. Its mission is to develop Model Laws and Resolutions in insurance and financial services, preserve state jurisdiction over insurance regulation under the McCarran-Ferguson Act, and serve as an educational forum for state legislators and policymakers.

NCOIL's core "products" are policy artifacts rather than technology: a Model Laws Library and Resolutions Library maintained by committee processes, three annual National Meetings (Spring, Summer, Annual) that convene 400+ participants including legislators, insurance commissioners, and industry stakeholders, and supporting programs such as the Corporate & Institutional Partnership (CIP) Program, ILF Scholarships, and a Legislator Stipend Program. The organization does not develop or sell technology products; its value delivery is through convening, drafting model legislation for state adoption, and federal advocacy (the annual DC Fly-In). Recent model law and resolution activity has covered ICHRA, prior authorization reform, maternal health, and the regulation of artificial intelligence in insurance.

NCOIL's revenue is generated from two streams: annual state membership dues paid by a majority of contributing member states, and the tiered Corporate & Institutional Partnership Program with annual fees ranging from $2,500 (Caucus) to $25,000+ (President's Roundtable). The organization is governed by an Executive Committee composed of legislators from contributing states and is affiliated with the Insurance Legislators Foundation (ILF), an independent 501(c)(3) formed in 1993 that funds legislator scholarships.

Name

National Council of Insurance Legislators

Legal name

National Council of Insurance Legislators

Website

https://ncoil.org

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

11–50 employees

Short description

National Council of Insurance Legislators (NCOIL) is a U.S. non-profit legislative organization, founded in 1969, that develops insurance and financial services Model Laws and Resolutions for adoption by its all-50-state membership of state legislators.

Ownership category

akta.pro rank

Headquarters

HQ city

Manasquan

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. State Membership Dues: All 50 states are members of NCOIL. A majority of member states are contributing states which pay annual dues to the organization. Contributing states receive benefits including ability to serve on the Executive Committee, serve as committee chairs/vice chairs, participate in the legislator stipend program, and host National Meetings.
2. Corporate & Institutional Partnership (CIP) Program: The CIP Program provides a stable source of financial support independent of conference programming. Partners contribute annual fees at various tiers (President's Roundtable $25,000+, Speaker's Roundtable $10,000, Leader's Council $7,500, Chairman's Council $5,000, Caucus Membership $2,500) in exchange for benefits including exhibition space, recognition, early access registration, and meeting access.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

NCOIL develops Model Laws in insurance and financial services for states to adopt and adopts Resolutions taking positions on issues, working to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act. It serves as an educational forum for public policymakers through three annual National Meetings (Spring, Summer, Annual), interim committee meetings, and a DC Educational Fly-in, with all 50 states as members represented principally by legislators serving on insurance and financial institutions committees.

Product overview

NCOIL is a legislative organization that serves as a clearinghouse for insurance and financial services policy. Its core offerings include a Model Laws Library of adoptable legislation, a Resolutions Library of formal policy positions, and three annual National Meetings (Spring, Summer, Annual) where policymakers develop and adopt model legislation. Supporting programs include the Corporate & Institutional Partnership (CIP) Program for sponsorships, the Insurance Legislators Foundation (ILF) Scholarships for legislator education, and the Legislator Stipend Program for meeting participation. The organization also publishes monthly newsletters and press releases to communicate policy developments. NCOIL does not offer a technology product or software platform; its offerings are purely legislative and educational in nature.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 414 participants at 2025 Annual Meeting including legislators from 33 states and 5 Insurance Commissioners
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered minor, core and major.

• National Conference of State Legislatures (NCSL)minorStrategic or Co-development PartnerNCSL is referenced as a similar organization model for the NCOIL Corporate & Institutional Partnership Program. NCOIL's CIP is modeled after those at NCSL, CSG, NLGA, and SLLF.
• Council of State Governments (CSG)minorStrategic or Co-development PartnerCSG is referenced as a similar organization whose partnership program structure NCOIL modeled its Corporate & Institutional Partnership after.
• National Lieutenant Governors Association (NLGA)minorStrategic or Co-development PartnerNLGA is referenced as a similar organization whose partnership program structure NCOIL modeled its Corporate & Institutional Partnership after.
• State Legislative Leaders Foundation (SLLF)minorStrategic or Co-development PartnerSLLF is referenced as a similar organization whose partnership program structure NCOIL modeled its Corporate & Institutional Partnership after.
• National Association of Insurance Commissioners (NAIC)coreStrategic or Co-development PartnerNCOIL maintains an ongoing NCOIL-NAIC Dialogue Committee that meets during National Meetings. The dialogue includes Insurance Commissioners discussing mutual policy interests with NCOIL legislators. NAIC had 5 commissioners participate in the 2026 Spring Meeting.
• Insurance Legislators Foundation (ILF)coreStrategic or Co-development PartnerILF is an independent 501(c)(3) organization separate from NCOIL but committed to its growth. ILF offers scholarship opportunities for legislators to attend NCOIL meetings. ILF Board includes NCOIL leadership.
• ALTAmajorOthersTitle insurance industry association and President's Roundtable CIP member
• HumanamajorOthersHealth insurance company and President's Roundtable CIP member
• AirbnbmajorOthersTechnology platform company and President's Roundtable CIP member
• NateramajorOthersHealthcare/biotechnology company and President's Roundtable CIP member
• Griffith FoundationminorStrategic or Co-development PartnerNCOIL has a longstanding partnership with the Griffith Foundation, including interviews and educational content (e.g., Insurance Insights video featuring NCOIL President)

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• National Conference of Commissioners on Uniform State Laws: A nonpartisan organization that drafts and promotes uniform state legislation. Closely parallels NCOIL's core function of producing model legislation for state adoption, though NCCUSL operates across legal domains while NCOIL specializes in insurance and financial services.
• National Conference of State Legislatures: The most directly comparable organization: a nonpartisan membership organization serving all 50 state legislatures. NCOIL explicitly models its Corporate & Institutional Partnership program after NCSL's. Both convene state legislators on policy issues through national meetings, model legislation, and standing committees.
• National Governors Association: A bipartisan organization of US governors. Operates a similar membership-and-meeting-driven model for convening state executives and shaping state-federal policy, making it a strong structural peer to NCOIL's legislator-focused model.
• American Legislative Exchange Council: A membership organization of state legislators focused on developing model policy through task forces and national meetings. Highly comparable to NCOIL in membership model, model legislation output, and legislator convening function, though ideologically distinct.
• State Legislative Leaders Foundation: A nonpartisan foundation serving state legislative leaders. One of the four organizations whose partnership model NCOIL explicitly adopted, and the closest peer in terms of educational and convening function for state legislative leadership.
• Council of State Governments: A multi-branch state government association serving all three branches of state government across the US. NCOIL modeled its CIP program after CSG's, and the two share similar membership-driven, conference-centric, policy-coordination business models.
• National Lieutenant Governors Association: A nonpartisan organization of US lieutenant governors. Like NCOIL, it operates as a state officials' membership association with tiered partnership programs and national meetings, and is one of the four organizations NCOIL explicitly benchmarks its CIP program against.

Broad incumbents

• National Association of Insurance Commissioners: The US state insurance regulatory body that NCOIL partners with through the NCOIL-NAIC Dialogue Committee. While NAIC represents regulators (not legislators) and has a broader operational scope, it is the most directly adjacent organization to NCOIL within the insurance policy ecosystem and serves as its primary counterpart.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks3 records

Key highlights7 records

Customer concentration

• Xx.com/ncoilorg
• YouTubeyoutube.com/channel/UCe09Z77z4q6HG1kv3fDG7Bg
• LinkedInlinkedin.com/company/national-council-of-insurance-legislators-ncoil

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about National Council of Insurance Legislators