National Lloyds in Texas Rebrands as National Summit Insurance

Dallas-based National Lloyds Insurance Co. (National Lloyds), a subsidiary of ReAlign Insurance Holdings Inc. (ReAlign), has rebranded as National Summit Insurance Co. (National Summit).

The rebranding follows the completion of all regulatory approvals leading to the conversion of National Lloyds from a Texas Lloyds Plan company into a capital stock insurance company. The new brand identity will be incorporated across all facets of the specialty insurer’s operations in the months ahead.

National Summit, is a Dallas-based a specialty personal property insurance provider, operates through a network of over 4,000 agents and is licensed in 24 states.

ReAlign acquired National Summit and American Summit Insurance Co., both of which are domiciled in Texas, in July 2020. In October 2020, ReAlign also formed Summit Specialty Insurance Co., a non-admitted insurance carrier domiciled in Nebraska. The three insurance carriers are part of the ReAlign Insurance Group.

Founded in 1948 and headquartered in Dallas, National Summit Insurance offers property/casualty insurance for homeowners, dwelling and manufactured/mobile homes through a network of over 4,000 independent agents across the nation.

ReAlign is a new insurance holding company formed by ReAlign Capital Strategies LLC and private investors to acquire and own broadly licensed admitted and non-admitted insurance companies focused exclusively on the specialty program insurance marketplace in the U.S.

Source: ReAlign Insurance Holdings Inc.

Related:

• Hilltop Holdings Selling Texas’ National Lloyds Corp. to Align Financial
• Hilltop Holdings Completes Sale of National Lloyds to Align
• ReAlign Insurance Launches Summit Specialty Insurance in Nebraska

Topics Texas