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Celebrating Excellence: State National’s Ongoing ‘A’ Rating With AM Best

A Tradition of Quality


When State National first qualified for an AM Best rating in 1993, we could hardly have imagined where technology was headed. At that time, we had on-site representatives collecting insurance information and printing notices at our partners’ institutions, and our custom-built InsurTrak Online tracking and reporting system wasn't even a dream yet. Lots has changed since then, but one thing has remained constant — our “A” (Excellent) rating from AM Best. 

AM Best is a globally recognized credit rating agency specializing in the insurance industry, and their “A” rating is no small achievement. AM Best provides an assessment of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations by conducting annual reviews. An "A" rating, which signifies "Excellent," is awarded to insurance companies that demonstrate a strong ability to meet their ongoing financial commitments to policyholders.


As the only dedicated CPI provider that is also the underwriter, we own all aspects of our program delivery, cutting out middlemen and extra steps. In other words, we're the tracking provider and the insurance company all in one. Why does this matter? Because while others may provide tracking services, when it comes to actually underwriting your program they function as a broker, and must hand over authority to third parties. At State National, the buck stops with us, which means we can offer unmatched flexibility, program customization, and claims decision-making authority. And, because we are the insurance company underwriting your program, you can have full confidence in our soundness and security as your partner.

For over 50 years we’ve successfully navigated the complexities of economic fluctuations, adapted to continuous regulatory changes, and consistently demonstrated the financial strength necessary to support our partners. We’re proud to have maintained an unbroken “A" rating since the first year we were eligible, reflecting our exceptional operational performance and commitment to what we do. 


Setting the Industry Standard

As the industry leader in portfolio protection, we understand the critical importance of reliability to our partners. That’s why we’re excited to continue this journey of excellence in the years to come. While innovations in technology and processes will lead us forward, trust, transparency, and reliability will always be our core values. 

To learn more about how State National is shaping the industry, click here.

State National
State National
As the leading insurance carrier in the United States specializing in CPI, State National offers single-source solutions for credit unions, banks, finance companies, and specialty lenders of all sizes. Our services are cost-effective and tailor-made to safeguard assets against uninsured collateral losses.

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