Last week we talked in broad brushstrokes how our Data Science & Analytics team helps companies use their own data to focus in on the best ways to increase their profitability. Often the result is a custom submission grader. Continuing that discussion, here’s another look at how the team uses data to improve hit ratios… Read More
News & Resources
How our Data Science & Analytics team helps companies boost their bottom line
National Programs’ Data Science & Analytics team (separate from our Actuarial team) works with company leaders to comb through data, looking for ways to increase profitability. The team focuses on four main areas: marketing, underwriting, pricing and claims, all with the goal of adding to the bottom line. The result? Data insights help create a… Read More
National Programs’ success by the numbers
National Programs is comprised of one of the largest number of MGAs and PAs in the nation, representing more than $3.5 billion in written premium. National Programs’ success can be measured by our 29 independent brands represent 65 delegated authority programs ranging from personal lines (auto, homeowners) to commercial lines (BOP, Entertainment, Transportation, Flood, and… Read More
How National Programs’ shared services helps companies grow
Protector Plans has taken advantage of many of National Programs’ shared services to increase productivity, improve the customer experience and drive growth. Protector Plans represents multiple professional programs including those for dentists, lawyers, physicians and optometrists. Their house of brands also includes event cancellation and parcel insurance. Several areas underwent significant improvements in the last… Read More
Transforming into a digital-first company
by Jimmy Saldana, National Programs’ Director of Strategic Innovation, as published in CB Insights Insurance is not an industry that was built to be digital-first. Legacy systems and burdensome regulations present challenges that do not allow us to move as fast as other industries moving towards becoming digital-first companies. In today’s world, customers expect a… Read More
How National Programs’ Information Systems supports MGAs
National Programs provides invaluable Information Systems support to MGAs “Finding technology solutions for diverse, specialized insurance products can be a challenge for any MGA.” We sat down recently with Arrowhead CIO Adam Nordost to discuss the invaluable help his Information Systems (IS) team provides to National Programs’ 29 companies. The first step in Information Systems… Read More
Why join your company with National Programs? It’s a culture fit and a future you’ll love.
Finding the right buyer The M&A market for MGAs and brokers has been growing for years. Much of this activity has been driven by private equity-backed buyers, who have steadily increased their percentage of total transactions since the Great Recession. However, the shock of COVID-19 and its aftereffects have caused many potential sellers to reconsider strategic buyers (either… Read More
How our distribution network helped us grow a program from 28 to 50 states
When Arrowhead lifted out the small commercial program from QBE and created Arrowhead Core Commercial, in less than a year they went from a product offering in 28 states to 50 states, thanks to a distribution network already in place. “I like to call it distribution prowess,” explained Rich Dern, Arrowhead’s director of business development…. Read More
How carrier relationships helped Arrowhead Workers’ Compensation Program expand to new states
Arrowhead expands its Workers’ Compensation Program into 5 southern states Arrowhead’s and National Programs’ carrier relationships were the cornerstone to help their Workers’ Compensation Program expand into five new southern states this fall. Those states include Tennessee, Georgia, North and South Carolina and Alabama, with more states to come next year. “Expansion in these states… Read More
How National Programs’ carrier relationships help launch programs and expand business
When Wright Flood identified a unique opportunity in the marketplace for private flood insurance several years ago, they began developing a product to fill the recognized coverage gap. Once the product was developed and carrier Zurich North America was onboard, the first policy was written in less than 10 months, on an admitted program filed… Read More