Old American Indemnity Company
- Company typePrivate
- Founded1956
- HeadquartersDallas, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Old American Indemnity Company firmographics
Firmographics- Name
- Old American Indemnity Company
- Legal name
- Old American Indemnity Company
- Website
- https://oldamericanindemnity.com
- Company type
- Private
- Founded year
- 1956
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Old American Indemnity Company is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Old American Indemnity Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premium Revenue: Old American Indemnity Company generates revenue through property and casualty insurance premiums for nonstandard private passenger automobile policies. The company retains a portion of the business it writes while ceding the remainder to well-capitalized reinsurers experienced in the nonstandard auto insurance market.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Old American Indemnity Company product offering
Product offeringCore offering
Old American Indemnity Company is a property and casualty insurance company domiciled in Texas that underwrites and issues nonstandard private passenger automobile insurance policies. The company distributes its coverage exclusively through Managing General Agent (MGA) partners across multiple U.S. states, retaining a portion of premiums written and ceding the remainder to well-capitalized reinsurers. Texas-based business is produced through its sister company, Old American County Mutual Fire Insurance Company.
Product overview
Old American Indemnity Company is a property and casualty insurance company that operates as a single-core-product provider specializing in nonstandard private passenger automobile insurance. The company is domiciled in Texas and writes business in multiple states through partnerships with Managing General Agents (MGAs). Current business is produced through MGA partners in Alabama, Florida, Louisiana, Oklahoma, and Utah, while Texas business is handled by its sister company, Old American County Mutual. The company maintains approximately $10 million of statutory surplus and cedes a portion of written premiums to reinsurers.
Differentiator
Problem solved
Functional benefit
Products and services
- Nonstandard Private Passenger Automobile Insurance
Companies that use Old American Indemnity Company
Customer profileSegments1 record
Ideal customer profiles2 records
Old American Indemnity Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Old American Indemnity Company partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Reinsurers (unspecified)coreWell-capitalized and secure reinsurers experienced in the nonstandard auto insurance market. OAIC retains a portion of the business it writes while ceding the remainder to these reinsurers for risk management.
- Managing General Agents (MGA Partners)coreCompetent, trustworthy MGA partners produce existing business in Alabama, Florida, Louisiana, Oklahoma, and Utah. MGAs handle both business production and policy/claims servicing for nonstandard auto insurance.
Scale indicators3 records
Recent moves4 records
Expansion highlights3 records
Old American Indemnity Company competitors and assessment
Company assessmentDirect peers
- The General Insurance: Nonstandard auto insurer owned by American Family Insurance. Direct-to-consumer digital brand aimed at the same hard-to-place drivers as OAIC, with strong brand awareness in overlapping states.
- GAINSCO Insurance: Specialty auto insurer concentrated on minimum-liability and nonstandard drivers distributed through independent agents. Comparable product profile and customer risk characteristics to OAIC's book.
- Bristol West Insurance Group: Nonstandard auto carrier under Zurich Insurance Group. Writes similar high-risk private passenger auto coverage and competes head-to-head for MGA partnerships in shared states including Florida and Louisiana.
- Direct Auto Insurance: Nonstandard auto carrier owned by Hellman & Friedman. Targets the same high-risk driver segment through a mix of direct-to-consumer and agent channels; directly comparable customer profile and product set.
- Imperial Fire and Casualty Insurance Company: Specialty nonstandard and high-risk auto writer operating under an MGA/program distribution model structurally similar to Old American Indemnity Company's channel strategy.
- Infinity Insurance: Nonstandard and specialty auto insurer offering liability and physical damage coverage to high-risk drivers across multiple states. Closely comparable customer cohort, product set, and distribution model.
- Mendota Insurance Company: Nonstandard and specialty auto carrier operating as a subsidiary of Kingsway Financial. Comparable niche focus on nonstandard drivers with multi-state licensing through MGA and agency channels.
- Dairyland Insurance: Nonstandard and high-risk private passenger auto specialist operating under Progressive. Targets the same hard-to-place driver cohort as Old American Indemnity Company with comparable product structure (state-minimum and full coverage options) and overlapping state footprint.
- Safe Auto Insurance: Nonstandard private passenger auto carrier focused on state-minimum-liability drivers. Operates in similar Sun Belt states with the same target customer as Old American Indemnity Company.
Emerging players
- Velocity Risk Underwriters: MGA-style specialty auto underwriter that partners with regional carriers, analogous to the role OAIC's MGA partners play. Includes upside/downside comparability to how OAIC's production is sourced.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Old American Indemnity Company social profiles
Digital presenceOld American Indemnity Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Old American Indemnity Company leadership team
Management profileNumber of profiles
Old American Indemnity Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Old American Indemnity 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 Old American Indemnity Company
What does Old American Indemnity Company do?
Old American Indemnity Company is a property and casualty insurance company domiciled in Texas that underwrites and issues nonstandard private passenger automobile insurance policies. The company distributes its coverage exclusively through Managing General Agent (MGA) partners across multiple U.S. states, retaining a portion of premiums written and ceding the remainder to well-capitalized reinsurers. Texas-based business is produced through its sister company, Old American County Mutual Fire Insurance Company.
Is Old American Indemnity Company a public or private company?
Old American Indemnity Company is a private company. It is classified as corporate owned and is currently operating.
When was Old American Indemnity Company founded?
Old American Indemnity Company was founded in 1956. It employs 11 to 50 people.
Where is Old American Indemnity Company based?
Old American Indemnity Company is headquartered in Dallas, United States, in the North America region.
How does Old American Indemnity Company make money?
One revenue line is on record: insurance Premium Revenue.
Who are Old American Indemnity Company's main competitors?
Direct peers on record are The General Insurance, GAINSCO Insurance, Bristol West Insurance Group, Direct Auto Insurance, Imperial Fire and Casualty Insurance Company, Infinity Insurance, Mendota Insurance Company, Dairyland Insurance and Safe Auto Insurance. Velocity Risk Underwriters is listed as an emerging player.
Does Old American Indemnity Company have an API?
No public API is recorded for Old American Indemnity Company.