National Indemnity Company | Company Profile
Contact Information
Industry & Market
Company Metrics
Funding Information
Headcount Distribution
By Department
Department Breakdown
Technology Stack
Analytics & Tracking
Keywords & Focus Areas
National Indemnity Company
Overview
National Indemnity Company (NICO) is a specialty insurance firm based in Omaha, Nebraska, founded in 1940 by brothers Arthur and Jack Ringwalt. Initially focused on liability insurance for taxis, the company has expanded its offerings to become a significant provider of commercial auto and general liability insurance. Since 1967, NICO has been part of the Berkshire Hathaway group, a move that Warren Buffett identified as pivotal to Berkshire's overall value.
Keenly committed to integrity, NICO sets appropriate rates for legitimate risks and does not arbitrarily reject higher-risk classes. The company maintains an A++XV financial strength rating from A.M. Best, underscoring its reliability and stability. NICO delivers a comprehensive range of commercial insurance options, including detailed quote processes covering diverse vehicle and driver needs.
Basic Information
| Industry | Insurance |
|---|---|
| Founded | 1940 |
| Revenue | $472.9M |
| Headquarters | 1314 Douglas Street, Suite 1400, Omaha, NE 68102-1944, United States |
| Languages | English |
| Parent Organization | Berkshire Hathaway |
Contact Details
- Phone: +1 402-916-3000
- Website: nationalindemnity.com
- LinkedIn: linkedin.com/company/national-indemnity-company
Key Focus Areas & Initiatives
- Commercial auto coverage
- General liability coverage
- Garage liability coverage
- Insurance principles
- Commercial auto
- Wholesale agency network
- Services
- Broad product offering
- Insurance marketplace
- Insurance stability
- Vehicle insurance
- Special event auto insurance
- General liability insurance
- Non-trucking liability
- Mobile concession vehicles
- Insurance solutions
- Agency network
- Construction vehicles insurance
- Business auto insurance
- Delivery vehicle insurance
- Motor truck cargo
- A++XV rating
- B2B
- Risk coverage
- Hazardous commodity haulers
- Surplus lines market
- Commercial auto insurance
- Specialty operations insurance
- Rental operation vehicles
- Drive-away contractor vehicles
- Financial strength
- Party buses insurance
- Direct insurance (except life, health, and medical) carriers
- Hard-to-place risks
- Insurance with integrity
- Driver training autos
- Fleet insurance
- Risk management
- Insurance for hard-to-place risks
- Religious organization vehicles
- Truck insurance
- Insurance products
- Financial services
- Property and casualty insurance
- Business insurance
- Transportation & logistics
- Finance
- Distribution
Technologies Used
- Citrix
- CloudFlare Hosting
- Cloudflare DNS
- Google Tag Manager
- Microsoft Azure Monitor
- Microsoft Office 365
- Mobile Friendly