National Indemnity

Omaha, United States Founded: 1940 • Age: 86 yrs
Property and casualty insurance services are offered nationwide.
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About National Indemnity

National Indemnity is a company based in Omaha (United States) founded in 1940.. The company has 2,211 employees as of December 31, 2021. National Indemnity has completed 2 acquisitions, including MLMIC and MedPro Group. National Indemnity offers products and services including Commercial Auto Insurance, Fleet Insurance, Motor Truck Cargo Insurance, General Liability Insurance, and Garage Insurance. National Indemnity operates in a competitive market with competitors including National General Insurance, AmTrust Financial, The Hanover Insurance Group, The Hartford and Ambac Financial Group, among others.

  • Headquarter Omaha, United States
  • Employees 2211 as on 31 Dec, 2021
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name National Indemnity Company
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    2211

    as on Dec 31, 2021

  • Investments & Acquisitions
    MLMIC

    & 1 more

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Products & Services of National Indemnity

National Indemnity offers a comprehensive portfolio of products and services, including Commercial Auto Insurance, Fleet Insurance, Motor Truck Cargo Insurance, General Liability Insurance, and Garage Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Coverage for commercial vehicles and related operations

Insurance for business vehicle fleets and transportation

Protection for goods transported by trucks

Coverage for business-related liabilities and risks

Insurance for service and repair shops

People of National Indemnity
Headcount 1000-5000
Employee Profiles 27
Employee Profiles
People
Ray Driessen
Director - Structured Settlements & Insurance Solutions
People
Megan Swiercek Mba, Cpcu, Aic, Ains
Underwriting Manager
People
Jenny Feeken
Underwriting Manager
People
Tom Young
Vice President Underwriting

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Funding Insights of National Indemnity

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by National Indemnity

National Indemnity has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include MLMIC and MedPro Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Liability insurance services are provided by MLMIC to professionals.
1970
Healthcare liability insurance is provided to physicians and facilities.
1899
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - National Indemnity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

National Indemnity Comparisons

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Competitors of National Indemnity

National Indemnity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as National General Insurance, AmTrust Financial, The Hanover Insurance Group, The Hartford and Ambac Financial Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Property and casualty insurance is provided by National General Insurance.
domain founded_year HQ Location
Property and casualty insurance company
domain founded_year HQ Location
Insurance brokerage services are provided to various clients.
domain founded_year HQ Location
Insurance, benefits, and mutual funds are provided in financial services.
domain founded_year HQ Location
Diversified investment management services are provided to institutional clients.
domain founded_year HQ Location
Financial services are offered via investments and insurance operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on National Indemnity

Frequently Asked Questions about National Indemnity

When was National Indemnity founded?

National Indemnity was founded in 1940.

Where is National Indemnity located?

National Indemnity is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.

Who is the current CEO of National Indemnity?

Donald Wurster is the current CEO of National Indemnity.

How many employees does National Indemnity have?

As of Dec 31, 2021, the latest employee count at National Indemnity is 2,211.

What does National Indemnity do?

National Indemnity was established in 1940 in Omaha, United States, as a property and casualty insurer. Operations focus on underwriting and managing risks for commercial and personal lines, including auto, liability, and workers compensation coverage. Services are delivered through a network of agents and brokers, primarily serving the U.S. market with an emphasis on specialty insurance products. The company is led by CEO and President Donald Wurster.

Who are the top competitors of National Indemnity?

National Indemnity's top competitors include National General Insurance, AmTrust Financial and First American.

What products or services does National Indemnity offer?

National Indemnity offers Commercial Auto Insurance, Fleet Insurance, Motor Truck Cargo Insurance, General Liability Insurance, and Garage Insurance.

How many acquisitions has National Indemnity made?

National Indemnity has made 2 acquisitions, including MLMIC, and MedPro Group.

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