Name

Negley Associates

Legal name

CRC Insurance Services, LLC d/b/a Negley Associates

Website

https://jjnegley.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Specialty Insurance Underwriting

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Behavioral healthcare insurance
• Managing general underwriter
• Professional liability coverage
• Risk management services
• Insurance underwriting management

Headquarters

HQ city

Roseland

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, Infrastructure

Revenue model

1. Insurance Underwriting Management: Negley Associates operates as a managing general underwriter earning commissions and fees from insurance carriers for underwriting and placing behavioral healthcare insurance policies. The company brings together best-in-class insurance experts to provide customized coverage options.
2. Premium Finance Services: Partnership with Flatiron Capital to provide premium financing solutions, enabling clients to pay insurance premiums in installments with 25% down payment and 9 installments.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels7 records

Core offering

Negley Associates operates as a managing general underwriter (MGU) specializing in placing and servicing insurance programs for behavioral healthcare, addiction treatment, and social service organizations in the United States. The firm offers a comprehensive package of insurance coverages including professional liability, general liability, directors and officers liability, property, excess/umbrella, workers compensation, and cyber liability, supplemented by risk management services such as an Individualized Risk Management Program, loss prevention hotline, training videos, and claims management. Distribution is exclusively through a network of licensed insurance brokers and agents, with carrier capacity supplied by partners including MHRRG, Nationwide, and Liberty Mutual.

Product overview

Negley Associates is an underwriting management firm specializing in insurance for behavioral healthcare, addiction treatment, and social service organizations. The company offers a comprehensive insurance program consisting of core coverage products including Professional Liability Insurance, General Liability Insurance, Directors and Officers Liability Insurance (including Employment Practices), Property Insurance, Excess Liability and Umbrella, Workers Compensation, and Cyber Liability. These products are designed for mental health centers, psychiatric hospitals, integrated care facilities, alcohol and drug rehab centers, counseling centers, and related organizations. The company also provides supplementary risk management services including an Individualized Risk Management Program, Loss Prevention Hotline, DVD and Video training series, Premium Finance Options through Flatiron Capital, and Claims Management. Negley Associates is exclusively endorsed by the National Council for Mental Wellbeing and Mental Health Corporations of America (MHCA), and works in partnership with the related entity Mental Health Risk Retention Group (MHRRG), a risk retention group owned by behavioral healthcare organizations.

Differentiator

Problem solved

Functional benefit

Products and services

• Professional Liability Insurance Professional liability coverage tailored for behavioral healthcare, addiction treatment, and social service organizations, protecting against claims of negligence, malpractice, and professional errors arising from clinical care delivery.
• General Liability Insurance General liability coverage for healthcare organizations, protecting against bodily injury, property damage, and personal injury claims arising from business operations.
• Directors and Officers Liability Insurance including Employment Practices Coverage for directors and officers against claims alleging wrongful acts, mismanagement, or breach of fiduciary duty, bundled with employment practices liability coverage for discrimination and wrongful termination claims.
• Property Insurance Property coverage for healthcare organizations protecting buildings, contents, and business personal property against loss from covered perils.
• Excess Liability and Umbrella Insurance Additional liability coverage exceeding underlying policy limits (general liability, professional liability, employers' liability) to provide catastrophic loss protection for behavioral healthcare organizations.
• Workers Compensation Insurance Workers compensation coverage for employees of behavioral healthcare and social service organizations who are injured or become ill due to work-related causes.
• Cyber Liability Insurance Coverage addressing network security breaches, privacy violations, and cyber risks faced by behavioral healthcare organizations that handle protected health information.
• Individualized Risk Management Program Web-based platform that provides policyholders with personalized loss control resources, risk mitigation tracking, and specialized behavioral healthcare risk management materials accessible via individualizedrmp.com.
• Loss Prevention Hotline Dedicated hotline providing free consultation services to policyholders on risk management questions, with direct access to general counsel for liability and risk management guidance.
• Premium Finance Options Turnkey premium payment solution partnered with Flatiron Capital, offering competitive rates, no minimum or maximum financing requirements, 25% down payment with 9 installments, and 24/7 online account management.
• Claims Management Services Dedicated claims reporting and processing service for policyholders, including dedicated claims contacts, online claims submission via [email protected], and coordination with carrier partners for timely claim resolution.

Quantifiable outcome

• Over $250,000 awarded to behavioral healthcare organizations through Negley Awards program since 1990

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Mental Health Risk Retention Group (MHRRG)coreOthersMHRRG is the behavioral healthcare industry's owned Risk Retention Group, owned and led by CEOs of behavioral healthcare organizations. For over 30 years it has provided insurance solutions run by industry peers who truly understand the risks behavioral healthcare organizations face. Negley provides exclusive access and promotion of MHRRG coverage options.
• National Council for Mental WellbeingcoreStrategic or Co-development PartnerNegley Associates is exclusively endorsed by the National Council for Mental Wellbeing, the unifying voice of America's behavioral healthcare organizations. The National Council advocates for policies ensuring people can access comprehensive healthcare services and offers education and practice improvement resources. Negley supports through sponsoring events and providing webinars and loss control seminars to membership.
• Mental Health Corporations of America (MHCA)coreStrategic or Co-development PartnerNegley Associates is exclusively endorsed by MHCA, an association whose purpose is helping community behavioral healthcare providers rise to challenges of a transforming healthcare delivery system. Negley supports MHCA through event sponsorship and industry expert webinars and loss control programming.
• Flatiron CapitalsupportingOthersNegley Associates partnered with Flatiron Capital to bring premium finance solutions to clients. The partnership enables behavioral healthcare organizations to pay insurance premiums through installment plans with competitive rates, 25% down payment, and 9 installments, with 24/7 online account management.
• NationwidesupportingTechnology or IntegrationNationwide is listed as a carrier partner, providing insurance capacity for excess liability and umbrella coverage over underlying policies such as general liability, professional liability, and employers liability.
• Liberty MutualsupportingTechnology or IntegrationLiberty Mutual is listed as a carrier partner providing insurance solutions for behavioral healthcare organizations through Negley's distribution network.
• CRC Insurance Services, LLCcoreOthersNegley Associates is a d/b/a of CRC Insurance Services, LLC, CA Lic No 778135. CRC Insurance Services provides the operational infrastructure and licensing for Negley's insurance underwriting management activities.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• MedPro Group: Healthcare-focused professional liability carrier serving physicians, dentists, and allied health organizations through broker distribution. Directly comparable in target customer (healthcare providers) and product mix.
• RPS (Risk Placement Services) Healthcare: Wholesale broker and program administrator with a dedicated healthcare practice placing specialty risks with carrier partners. Comparable as a program-administration model serving healthcare insureds through broker distribution.
• Beazley (Healthcare team): Specialty insurer with a dedicated healthcare liability practice offering professional, general liability, and cyber coverage to healthcare organizations via wholesale/broker channels. Comparable specialty healthcare MGU-style offering.
• Coverys: Medical professional liability insurer/MGU providing claims-made and occurrence coverage to healthcare providers through brokers. Comparable as a specialty healthcare risk intermediary with domain-led underwriting.
• Darwin Professional Underwriters: Specialty MGU focused on healthcare professional liability and allied healthcare risks. Closest functional analog to Negley's MGU model, distributing through brokers/agents for niche healthcare segments.

Broad incumbents

• Amwins: Large specialty insurance distributor with dedicated healthcare and professional liability practice. Comparable as a broad incumbent offering program administration and wholesale brokerage across healthcare risks.
• Burns & Wilcox: National wholesale insurance broker and MGU placing specialty and surplus lines risks. Comparable as a broader incumbent operating program-administration and wholesale distribution across healthcare and other verticals.
• CRC Insurance Services: Wholesale insurance broker and parent entity of Negley Associates (CRC Insurance Services, LLC d/b/a Negley). Directly comparable as a wholesale/specialty distributor, and contextually relevant as Negley's operating parent.
• Liberty Mutual Insurance: Major national P&C carrier and Negley carrier partner for excess/umbrella capacity. Comparable as a broad incumbent with overlapping healthcare liability capability, and strategically important as a capacity provider.
• Nationwide: Large mutual insurer and Negley carrier partner for excess liability and umbrella capacity. Comparable as a broad incumbent providing healthcare-adjacent capacity and competing for the same underlying risks.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/negley-associates-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Negley Associates