Omaha National Group

The firm's business model centers on providing AM Best A- (Excellent) rated workers' compensation coverage distributed through a network of over 2,500 agencies. Omaha National serves as a full-stack carrier, issuing policies directly and through its subsidiaries, Omaha National Insurance Company and Omaha National Casualty Company. The company's revenue is generated from insurance premiums. A key component of its strategy is the in-house development of its proprietary software application, Oncore. This integrated system encompasses underwriting, policy management, claims, and a customer relationship management (CRM) module, aiming to streamline all key company functions within a single platform to improve claims outcomes and underwriting results. The company states this technological approach helps to reduce unnecessary costs, which can lower experience modifiers and overall expenses for clients over time.

Omaha National's client base consists of small and medium-sized businesses in hands-on industries with higher injury risks. It provides tailored solutions, including a payroll-plus-comp program, and various payment options to meet client needs. Initially marketing in California in 2017, the company has since expanded its reach and is licensed to issue policies in 37 states. The company has achieved significant growth, reporting over $135 million of in-force premium and employing around 200 people. It has secured a total of $122M in funding from investors including Agman, Accomplice, HighSage Ventures, Tull Investments, and Cohen & Co. A major milestone was the 2024 acquisition of Sutter Insurance Company, a California-licensed carrier, which was subsequently renamed Omaha National Casualty Company, strengthening its position in its largest market.