Omaha National tops $150 million in in-force premium

Omaha National tops $150 million in in-force premium | Insurance Business America

Omaha National tops $150 million in in-force premium

Omaha National Group, a tech-enabled, workers’ compensation insurance provider, has hit another milestone, surpassing $150 million in in-force premium. The group employs advanced, proprietary technology to achieve what it sees as superior underwriting results and claims outcomes for small and medium-sized businesses in the US.

Chief sales and marketing officer Chris LaMantia noted the company’s growth since selling its first policy in October 2017 while sill generating loss ratios much lower than the industry average.

“[It] is a testament to the skill of our talented sales and underwriting teams,” he said. “We look forward to continuing to work with our agency partners to achieve ongoing success in the future.”

The achievement is the latest of many for the company. Over the last 18 months, Omaha National has achieved an A- financial strength rating from AM Best, announced a move to new headquarters in midtown, Omaha, appointed Bryan Connolly as its COO, and welcomed additional investors and a separate debt financing to support the group’s growth.