Special Section Sponsored by Target Markets Program Administrators Association
NSM Insurance Group
NSM Insurance Group, with 10 offices strategically located across the country in six states, is a national property and casualty insurance services firm. Founded in 1990 by Geof McKernan and Paul Norman, the company is a program administrator and a leader in the development and implementation of industry-specific programs. This year alone NSM Insurance Group has already added four industry-specific programs: ReadyMixPro, total residential and commercial trades, large homebuilders, and an express hotel/motel program.
“Our company thrives on creating innovative insurance programs for specific industries,” says Mr. McKernan. “Our growth is based on three factors:
1. The profitable administration of current programs
2. The in-house development of new programs
3. Acquisition. We’re always on the hunt for niche industry program administrators who have demonstrated underwriting profitability in industries we think can be better penetrated.”
Building a great program starts with a keen understanding of the target industry. The program division is a realization of the NSM Insurance Group’s mission statement, which is “to excel as an industry leader in developing, implementing, managing and distributing industry-specific insurance programs.”
“What makes us different,” says Geof McKernan, “is a combination of strong sales and marketing, an extensive national distribution platform, and a real commitment to investing in a staff with industry-specific underwriting experience. Our programs are staffed with highly qualified underwriting professionals who have many years of insurance experience. We take the long view,” continued McKernan. “We have built very strong relationships with agents and brokers (over 3,500 of them); they know us—we’re here to stay no matter how the market changes.
“The value to our carrier partners is our ability to quickly implement a national distribution plan while bringing immediate underwriting experience to the table,” adds McKernan. “With our proven track record, NSM Insurance Group is a solid, reliable partner to work with. We have relationships with carrier and agent partners who share our core values. They are responsive, innovative, decisive, and can execute quickly. Cost effective insurance solutions and excellent service for the insured are the result.”
McKernan says, “NSM Insurance Group is driven by results. As a new program opportunity is identified, we put the time, resources, technology, and research together to fully understand the specific industry needs, the overall potential, and the underwriting profitability profile of the industry. Only then are we ready to speak to a carrier. After the program has been developed and launched, NSM underwrites, rates, quotes, binds and issues policies in-house. NSM also provides responsive customer service, focused claims handling, and specialized risk management services as standard features for every program.
“NSM Insurance Group has the financial strength, a national distribution network, experienced staff, and the resources to continue to grow and evolve. Our value can be summed up in our commitment to quality underwriting for our carrier partners, our responsive customer service, and for our ongoing investment in a knowledgeable and professional staff.” → |