Special Section sponsored by TMPAA

NSM Insurance Group

Programs administered include, among others: addiction treatment programs; social services programs; residential general contractors; and correctional services

NSM Insurance Group is a national property and casualty insurance services firm. Founded in 1990 by Geof McKernan, the company is a program administrator and leader in the development and implementation of industry specific insurance programs. In the first six months of 2008, NSM Insurance Group has added three new industry specific programs—Agent Cover, CPA Cover, and Mobile Park Insure; and has acquired two programs—Clean Streets and Insurex.

“Our company thrives on creating innovative insurance programs for specific industries,” says Geof McKernan. “We’re not satisfied with understanding our target industries one mile deep; we want 10 miles deep. NSM’s growth and burgeoning market share are based on three factors:

1. The profitable administration of current programs.

2. The in-house development and implementation of new programs.

3. Acquisition—we’re always on the hunt for niche industry MGAs or program administrators who have demonstrated underwriting profitability in industries for which we believe additional market share is abundantly available.”

NSM Insurance Group devotes considerable resources, time and brain power into its product development process. Building a great program starts with understanding the industry in need. The program division is a realization of the NSM Insurance Group’s mission statement, which is “to excel as an industry leader in the development, implementation, management and distribution of industry specific insurance programs.”

“Our success drivers,” Geof McKernan says, “are 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. A great program,” notes McKernan, “delivers on every level:

1. Comprehensive insurance solutions for the targeted industry.

2. Dependable and sustainable underwriting profit.

3. Significant and sustainable premium generation.

4. Competitive rates and commissions.

“We always take the long view for ourselves—and for our agent and carrier partners,” Geof continued. “We have built very strong relationships with more than 4,200 agents and brokers, and with our carrier partners, too. They know us—but more importantly, they trust us.

“The value to our carrier partners is our ability to implement a national distribution plan quickly while bringing immediate underwriting experience to the table. In working with NSM Insurance Group you have a partner who has a widely recognized proven track record. We have relationships with carriers and agents who share our core values. They are responsive, innovative and decisive, and can execute quickly. Cost effective insurance solutions and excellent service for the insured are the result.

“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 we issue 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 our ongoing investment in a knowledgeable and professional staff.” *