--- title: State National Joins Markel Group | State National | Blog description: Markel Corporation announced today that it has completed its acquisition of State National Companies, Inc. image: https://blog.statenational.com/hubfs/Imported_Blog_Media/NewsImage-MarkelAcquisitionComplete-1.png --- [![Growth\_-logo](https://blog.statenational.com/hubfs/Imported%20images/Growth_-logo.svg "Growth_-logo")](http://palmspire-3842749.hs-sites.com/growth-home-1) - [Spotlight Blog](https://blog.statenational.com) ![Markel](https://blog.statenational.com/hubfs/Imported_Blog_Media/NewsImage-MarkelAcquisitionComplete-1.png "Markel") # **SNC Spotlight** Insurance can be complex. Turn to our blog for up-to-date, relevant content to help you make the best decisions for your financial institution. With expert knowledge from seasoned industry professionals, we simplify insurance topics so you can get back to business. - [Company News](https://blog.statenational.com/topic/company-news) # [Markel Completes Acquisition of State National](https://blog.statenational.com/markel-completes-acquisition-of-state-national) [Read More →](https://blog.statenational.com/markel-completes-acquisition-of-state-national) - [Banks & Finance Companies (24)](https://blog.statenational.com/tag/banks-finance-companies) - [Borrower Experience (2)](https://blog.statenational.com/tag/borrower-experience) - [Company News (26)](https://blog.statenational.com/tag/company-news) - [Compliance (5)](https://blog.statenational.com/tag/compliance) - [Credit Unions (47)](https://blog.statenational.com/tag/credit-unions) - [Employee Engagement (2)](https://blog.statenational.com/tag/employee-engagement) - [Risk Mitigation (32)](https://blog.statenational.com/tag/risk-mitigation) - [Technology & Innovation (35)](https://blog.statenational.com/tag/technology-innovation) - - - [All Posts](https://blog.statenational.com) # Markel Completes Acquisition of State National - [Tweet](https://twitter.com/share) **Markel Corporation (NYSE — MKL)** announced today that it has completed its acquisition of State National Companies, Inc., a leading specialty provider of property  ### Markel Completes Acquisition of State National Richard R. Whitt, Markel’s Co-Chief Executive Officer, stated, “We are excited about this acquisition for many reasons. State National is a great company with a well-respected brand and a unique product suite. We look forward to adding the premier fronting platform through which insurance products can be offered throughout the US as well as adding a recognized provider of collateral protection insurance to credit unions and regional banks to our product offerings. Equally as important, the people at State National have the talent and integrity that we look for when adding to the Markel portfolio of companies. We welcome State National to the family and fully expect their track record of success to continue.” Terry Ledbetter, State National’s Chairman and Chief Executive Officer, added, “We have been looking forward to the day when we can officially say that we are one company and begin to realize the many benefits of this combination for State National clients and employees. With the support of a parent like Markel, State National is now even better positioned to offer our clients unique, high-quality solutions. Markel understands the uniqueness of our business model and shares our commitment to innovation, service, and long-term relationships. We look forward to continuing to build upon our leadership position as part of a larger, stronger organization.” State National, which is based in Bedford, Texas, will operate as an independent division of Markel.   **About Markel Corporation** Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company’s principal business markets and underwrites specialty insurance products. In each of the Company’s businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Visit Markel Corporation on the web at [markel.com](https://www.markel.com/). **About State National Companies** State National Companies, Inc. is a leading specialty provider of property and casualty insurance services operating in two niche markets across the United States. In its Lender Services segment, the Company specializes in providing portfolio protection solutions that insure autos, mortgages, and other collateral for loans made by credit unions, banks, and specialty finance companies. In its Program Services segment, the Company leverages its “A” (Excellent) A.M. Best rating, expansive licenses, and trusted reputation to provide access to the U.S. property and casualty insurance market in exchange for ceding fees. State National Companies is a division of Markel, a Fortune 500 holding company for insurance, reinsurance, and investment operations. To learn more, please visit [statenational.com](https://www.statenational.com/) and connect on [LinkedIn](https://www.linkedin.com/company/state-national-companies/). **Disclaimer** Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Markel’s and State National’s beliefs, plans, or expectations, are forward-looking statements. These statements are based on Markel’s and State National’s current plans, estimates, and expectations. There are risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by such statements. Neither Markel nor State National assumes any obligation to update this release (including any forward-looking statements herein) as a result of new information, developments, or otherwise. This release speaks only as of the date issued. For more information contact: Markel Corporation - MediaPaul Broughton Managing Director, Marketing 804-527-7618 [pbroughton@markelcorp.com](mailto:pbroughton@markelcorp.com) To view the original version on PR Newswire, visit [https://www.prnewswire.com/news-releases/markel-completes-acquisition-of-state-national-300558627.html](https://www.prnewswire.com/news-releases/markel-completes-acquisition-of-state-national-300558627.html) SOURCE Markel Corporation ***Related Links*** [https://www.markelcorp.com](https://www.markelcorp.com/) ![State National](https://blog.statenational.com/hubfs/Branding%20Assets/Icon%20SNC%20Logo/snc-icon-rgb.png) ###### 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. ## Subscribe to our blog Search Posts - There are no suggestions because the search field is empty. - Recent - Popular - Categories ### Lists by Topic - [Credit Unions (47)](https://blog.statenational.com/tag/credit-unions) - [Technology & Innovation (35)](https://blog.statenational.com/tag/technology-innovation) - [Risk Mitigation (32)](https://blog.statenational.com/tag/risk-mitigation) - [Company News (26)](https://blog.statenational.com/tag/company-news) - [Banks & Finance Companies (24)](https://blog.statenational.com/tag/banks-finance-companies) - [Compliance (5)](https://blog.statenational.com/tag/compliance) - [Borrower Experience (2)](https://blog.statenational.com/tag/borrower-experience) - [Employee Engagement (2)](https://blog.statenational.com/tag/employee-engagement) ## Subscribe and Get The Latest News ## Related Posts ## [The Credit Union Advantage in a Digital World](https://blog.statenational.com/thecreditunionadvantage) Digital Progress Is Still Human - [State National](https://blog.statenational.com/author/state-national) - 5 min read - 6/30/26, 12:23 PM - [Read More](https://blog.statenational.com/thecreditunionadvantage) ## [CPI and the Member Relationship: Getting it Right Without Getting it Wrong](https://blog.statenational.com/cpi-and-the-member-relationship-) How credit unions can protect the member experience without sacrificing the protection the program is designed to provide - [State National](https://blog.statenational.com/author/state-national) - 7 min read - 6/18/26, 11:15 AM - [Read More](https://blog.statenational.com/cpi-and-the-member-relationship-) ## [The Anatomy of the Net Promoter Score](https://blog.statenational.com/the-anatomy-of-the-net-promoter-score) Why trust is the engine behind consistent, excellent NPS results. Imagine you could predict your organization's growth trajectory by asking just one straightforward question. You actually can! “How likely is it that you would recommend \_\_\_\_\_\_\_ to a friend or colleague?” It’s a simple question, but it carries incredible weight. You’ve likely heard of the Net Promoter Score (NPS), as it’s the most well-known metric for customer experience and loyalty. Whether the subject is a favorite local restaurant, an online store, or a long-term business partner, this single question cuts through marketing noise to measure the one fundamental factor that actually drives growth: trust. - [State National](https://blog.statenational.com/author/state-national) - 8 min read - 4/30/26, 3:57 PM - [Read More](https://blog.statenational.com/the-anatomy-of-the-net-promoter-score) #### Questions? 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