State National Companies, Inc.
SNC
NASDAQ21.02
USD
+0.03
- -
CIK
0001610793
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Insurance - Specialty
- Address
- IPO Date
- Nov 3, 2014
- CIK
- 0001610793
- Similar Companies
- Business
- State National Companies, Inc. (SNC) serves as a leading specialty provider of property and casualty insurance services in the United States, operating through its Lender Services and Program Services segments; in Lender Services, the company offers collateral protection insurance (CPI) and portfolio protection solutions that cover autos, mortgages, and other loan collateral for credit unions, banks, and specialty finance companies, featuring proprietary tools like InsurTrak for tracking, reporting, and risk mitigation; in Program Services, it acts as an issuing carrier and fronting provider for insurance and reinsurance companies, writing general liability insurance, commercial liability insurance, commercial multi-peril insurance, property insurance, workers compensation insurance, and other specialty lines on an excess and surplus basis, while reinsuring substantially all underwriting and operating risks. Founded in 1973 and headquartered in Bedford, Texas, SNC maintains an "A" (Excellent) A.M. Best rating for its key subsidiaries, including State National Insurance Company, National Specialty Insurance Company, and United Specialty Insurance Company, and primarily serves financial institutions, managing general agents, and program administrators nationwide with operations licensed across all 50 states and the District of Columbia. As a subsidiary of Markel Group Inc. following its 2017 acquisition, the company continues to innovate through technology integrations such as partnerships with AKUVO for lender automation and Glia for digital customer service, achieved Center of Excellence certification from BenchmarkPortal in 2023, celebrated its 50th anniversary in 2023 with enhanced client advisory initiatives including a Client Advisory Council, and announced in 2024 plans to launch a U.K. division in partnership with Markel International Insurance Company Limited to provide specialty commercial lines fronting for managing general agents, alongside recent executive appointments like Terry Muhia as Executive Vice President of Service for Lender Services in May 2024.