NCJUA / NCIUA
NCJUA/NCIUA is a state-created tax-exempt association of insurers providing basic (NCJUA/FAIR Plan) and coastal (NCIUA/Coastal Property Insurance Pool) property insurance as North Carolina's market of last resort.
- Company typePrivate
- Founded1969
- Headquarters—
- Headcount11–50
- GTM typeB2C
- OfferingServices
What NCJUA / NCIUA does
NCJUA / NCIUA consists of two state-created, tax-exempt associations of insurance companies that operate as the property insurance markets of last resort in North Carolina. The North Carolina Joint Underwriting Association (NCJUA), also known as the FAIR (Fair Access to Insurance Requirements) Plan, provides basic property insurance statewide to owners unable to obtain coverage through standard markets. The North Carolina Insurance Underwriting Association (NCIUA), also known as the Coastal Property Insurance Pool, provides essential property insurance specifically for the Beach and Coastal Areas of North Carolina. Both entities were created by North Carolina state law and are composed of insurance companies licensed to write property insurance in the state; they do not write flood insurance and refer such inquiries to the National Flood Insurance Program.
The associations operate from Cary, North Carolina with a staff of 46 and provide 24/7 self-service through a proprietary Consumer Service Portal (CSP) that allows policyholders to file claims, make payments, view policy details, and manage billing. Distribution is primarily indirect: licensed insurance producers place policies on behalf of property owners, while member insurers participate collectively in the risk pool. Member insurers, producers, and policyholders each have separate procedural guidance published by the associations.
Economically, NCJUA/NCIUA collect insurance premiums from policyholders in exchange for property coverage in a recurring premium model. Specific pricing is not publicly disclosed and is determined based on property risk assessment. The organization has been continuously operating since 1969, and its mandate and statutory structure position it as the exclusive residual-market provider rather than a competitor to standard carriers.
NCJUA / NCIUA firmographics
Firmographics- Name
- NCJUA / NCIUA
- Legal name
- North Carolina Joint Underwriting Association (NCJUA) / North Carolina Insurance Underwriting Association (NCIUA)
- Website
- https://ncjua.com
- Company type
- Private
- Founded year
- 1969
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NCJUA/NCIUA is a state-created tax-exempt association of insurers providing basic (NCJUA/FAIR Plan) and coastal (NCIUA/Coastal Property Insurance Pool) property insurance as North Carolina's market of last resort.
- Ownership category
- akta.pro rank
NCJUA / NCIUA industry classification
Industry- Product category
- Property Insurance Residual Market
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Inland Marine Insurance (Transit, Equipment & Installation) (FSAJAHAB)
Keywords
NCJUA / NCIUA business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Insurance Premiums: NCJUA/NCIUA operates as a tax-exempt association collecting insurance premiums from property owners in North Carolina. As a market of last resort, the associations provide property insurance coverage to owners who cannot obtain it through standard insurance markets. Premiums are collected from policyholders in exchange for insurance coverage.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
NCJUA / NCIUA product offering
Product offeringCore offering
NCJUA/NCIUA are state-created, tax-exempt associations of insurance companies that operate as markets of last resort for property insurance in North Carolina. NCJUA (the FAIR Plan) provides basic property insurance statewide, while NCIUA (the Coastal Property Insurance Pool) provides essential property insurance in Beach and Coastal Areas, both serving property owners unable to obtain coverage through standard insurance markets.
Product overview
NCJUA / NCIUA operates as two distinct but related insurance associations providing property insurance coverage as a market of last resort for North Carolina citizens. The North Carolina Joint Underwriting Association (NCJUA / FAIR Plan) offers basic property insurance statewide, while the North Carolina Insurance Underwriting Association (NCIUA / Coastal Property Insurance Pool) focuses on essential property insurance for Beach and Coastal Areas. Both associations are supported by the Consumer Service Portal (CSP), a unified online platform that enables policyholders to file claims, make payments, view policy information, access real-time policy details, and manage billing 24/7.
Differentiator
Problem solved
Functional benefit
Products and services
- NCJUA / FAIR Plan (North Carolina Joint Underwriting Association) A tax-exempt association of insurance companies created by North Carolina law to act as a market of last resort, providing adequate basic property insurance to property owners with insurable property in North Carolina who cannot obtain coverage through standard insurance markets.
- NCIUA / Coastal Property Insurance Pool (North Carolina Insurance Underwriting Association) A tax-exempt association of insurance companies created by North Carolina law to act as a market of last resort, providing adequate essential property insurance to property owners with insurable property in the Beach and Coastal Areas of North Carolina who cannot obtain coverage through standard insurance markets.
- Consumer Service Portal (CSP) A 24/7 online self-service portal that enables policyholders of NCJUA and NCIUA to file claims, make payments, view policy information, access real-time policy details, and manage billing information. Available as registered users or guests.
Companies that use NCJUA / NCIUA
Customer profileSegments4 records
Ideal customer profiles4 records
NCJUA / NCIUA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature1 record
NCJUA / NCIUA partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights2 records
NCJUA / NCIUA competitors and assessment
Company assessmentDirect peers
- New Jersey FAIR Plan: New Jersey's residual market mechanism for basic property insurance — directly comparable to NCJUA's FAIR Plan structure, providing coverage to owners unable to obtain it in the voluntary market.
- Texas Windstorm Insurance Association (TWIA): Texas's statutorily created windstorm and hail insurance pool for coastal areas — directly comparable to NCIUA's coastal property insurance function, with similar residual-market structure and catastrophe-driven exposure.
- Florida Citizens Property Insurance Corporation: Florida's residual market insurer of last resort, providing property coverage to homeowners who cannot obtain it from private insurers — directly comparable to NCJUA/NCIUA's mandate, with particular overlap on coastal exposure.
- Alabama Insurance Underwriting Association: Alabama's state-created FAIR Plan providing basic property insurance to property owners unable to obtain coverage through standard markets — directly comparable to NCJUA's statewide residual-market function with overlapping Gulf-coast exposure.
- Louisiana Citizens Property Insurance Corporation: Louisiana's market-of-last-resort property insurer for residential and commercial properties — directly comparable as a state-created residual market with significant hurricane and coastal exposure.
- Massachusetts Property Insurance Underwriting Association: Massachusetts' residual market mechanism for habitational property insurance — directly comparable to NCJUA's FAIR Plan function, providing basic property coverage to owners unable to obtain it in standard markets.
- California FAIR Plan Association: California's state-mandated FAIR Plan and market of last resort for residential property insurance — directly comparable to NCJUA in providing basic property coverage to owners unable to obtain it through standard markets.
- South Carolina Wind & Hail Underwriting Pool: South Carolina's state-mandated wind and hail insurance pool serving coastal areas — directly comparable to NCIUA's coastal property insurance pool, with overlapping Atlantic-coast catastrophe exposure.
- Mississippi Windstorm Underwriting Association: Mississippi's state-mandated wind pool providing essential property insurance in coastal counties — directly comparable to NCIUA's coastal property insurance pool, with overlapping Gulf hurricane exposure.
- New York Property Insurance Underwriting Association: New York's FAIR Plan providing basic property insurance to property owners unable to obtain coverage in the voluntary market — directly comparable to NCJUA's statewide residual-market function.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
NCJUA / NCIUA social profiles
Digital presenceNCJUA / NCIUA financial estimates
Financial estimateRevenue estimate
Valuation estimate
NCJUA / NCIUA leadership team
Management profileNumber of profiles
NCJUA / NCIUA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NCJUA / NCIUA 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 NCJUA / NCIUA
What does NCJUA / NCIUA do?
NCJUA/NCIUA are state-created, tax-exempt associations of insurance companies that operate as markets of last resort for property insurance in North Carolina. NCJUA (the FAIR Plan) provides basic property insurance statewide, while NCIUA (the Coastal Property Insurance Pool) provides essential property insurance in Beach and Coastal Areas, both serving property owners unable to obtain coverage through standard insurance markets.
Is NCJUA / NCIUA a public or private company?
NCJUA / NCIUA is a private company. It is classified as state government owned and is currently operating.
When was NCJUA / NCIUA founded?
NCJUA / NCIUA was founded in 1969. It employs 11 to 50 people.
How does NCJUA / NCIUA make money?
One revenue line is on record: insurance Premiums.
Who are NCJUA / NCIUA's main competitors?
Direct peers on record are New Jersey FAIR Plan, Texas Windstorm Insurance Association (TWIA), Florida Citizens Property Insurance Corporation, Alabama Insurance Underwriting Association, Louisiana Citizens Property Insurance Corporation, Massachusetts Property Insurance Underwriting Association, California FAIR Plan Association, South Carolina Wind & Hail Underwriting Pool, Mississippi Windstorm Underwriting Association and New York Property Insurance Underwriting Association.
Does NCJUA / NCIUA have an API?
No public API is recorded for NCJUA / NCIUA.
What industry is NCJUA / NCIUA in?
NCJUA / NCIUA's product category is Property Insurance Residual Market. Its primary akta.pro industry code is FSAJAHAB, Inland Marine Insurance (Transit, Equipment & Installation). Its NAICS code is 524126 and its SIC code is 6331.