Company Profile
State National Companies
Company Overview
State National Companies (SNC) is a privately held network of insurance companies and agencies writing more than half a billion dollars in premiums annually. Established in 1969, SNC primarily specializes in two business segments. Program Services division handles specialized books of insurance generated and administered through unaffiliated managing general agents, while Lender Services provides collateral protection insurance and ancillary services for financial and lending institutions. SNC is a family owned, equal opportunity employer, offering competitive salaries and excellent benefits including medical, dental, life, paid sick, vacation, 8 holidays per year, and a generous 401(k) plan. We offer a business-casual, smoke-free campus environment with free parking as well.
Company History
A pioneer in the collateral protection insurance (CPI) industry, State National Companies was the first to develop a number of program innovations. Even today, we continue to design and develop innovations to enhance our program efficiency and customer service. By investing in resources to create and support tailored solutions, we deliver portfolio protection through better programs, advanced solutions and unmatched responsiveness.
1973 State National Companies formed
1979 First provider to implement 'stand alone’ tracking using custom software, StarTrak
1984 Chartered State National Insurance Company (SNIC) to vertically integrate CPI delivery
1990 SNIC receives first “A” (Excellent) rating from A.M. Best
Rating continues uninterrupted
1995 National Service Center Established
1996 Installed OCR Scanning System
1997 Launched company web site, www.statenational.com
Implemented program for Electronic document Interchange (EDI)
2000 Installed network of fax servers
Developed Client Tools applications
Created www.myloaninsurance web site for borrower insurance submissions.
2001 Implemented Integrated Voice Response system
2004 Investment in Western Reliance Corporation; Portland office becomes West Coast Service Center