Founded in 1973, State National Companies is a specialty property and casualty insurance company that operates in two main segments: Program Services and Lender Services. The Lender Services segment provides collateral protection insurance (CPI) to credit unions, banks, and other financial institutions to protect their collateral (such as automobiles) when a borrower's insurance lapses. The Program Services segment acts as a fronting insurance carrier, leveraging its broad licensing and A.M. Best "A+" (Superior) rating to help insurance managing general agents (MGAs) and other producers bring their programs to market. In 2017, State National was acquired by Markel Corporation.

Founded in

United States