Vision, History and Values
Founded on relationships and driven to be the best, E&S/Specialty at Nationwide accepts the commercial and personal property and casualty risks most standard companies reject.
Our customers and business partners are the top wholesale general agents, brokers, and program managers in the nation. They expect financial strength, stability, and leadership when working with one of the most respected E&S insurers in the country—and we deliver with excellent products, solid relationships, and strong numbers.
Nationwide is one of the largest insurance and financial service providers in the United States with an A.M. Best rating of A+XV (Superior) FSC XV and a Standard & Poors “A” rating.
E&S/Specialty at Nationwide was originally incepted in 1982 as Scottsdale Insurance Company. When our company doors opened, we were a hungry young startup ready to create strong and lasting partnerships. Founder Rollie Weigers was known for conducting business on a handshake, which created a foundation of trust with our customers that is still present today.
In the years to come, we worked tirelessly to grow our partnerships and our business. We expanded our staff, developed technology, and created a strategy that allowed our partnerships to grow. It paid off. In 2014, we hit nearly $3 billion in direct written premium. And with a resilience acquired through decades of sustained high performance, the company carried its original entrepreneurial spirit forward in new directions. Nationwide recognized the need to fill a niche for management liability insurance and established the Management and Specialty Liability unit (formerly Freedom Specialty) and Nationwide Pet (formerly Veterinary Pet Insurance). We also opened a commercial trucking insurance office in Eagan, Minnesota.
A key component to our stability and success over the last 30-plus years is our associates. With an average tenure of 10 years with the company, our associates are not only talented and knowledgeable, but also caring. They are invested in the relationships they’ve created with their customers and co-workers.
We pride ourselves on a culture that fosters personal and professional growth, as well as a work environment where we are committed to give our best each day alongside people we genuinely care about. Flexible work schedules, vanpooling, and a variety of recycling programs put us at the forefront of corporate environmental responsibility. And in the community at large, the company has regularly won awards for activities such as United Way and food bank donations, blood drives, disaster relief, and “jeans on Friday” and holiday charity collections. In recognition of these efforts, we earned the Work-Life Seal of Distinction by World at Work’s Alliance for Work-Life Progress.
Strong and growing, we are in a good place to do things no other E&S carrier does—from innovating new ways to make our customers’ jobs easier to coming up with ways to ensure we will remain profitable regardless of market cycles. We’ve reaped the benefits of the insight and savvy of our founder and leaders like Max Williamson, Mike Miller, and the entire Executive Leadership Team.
But the true catalyst for our success is our relationship-driven culture, which is still as alive and well today as it was more than 30 years ago. The industry has changed considerably since then, but our commitment to our customers is as steadfast as ever. It’s what has allowed us to accomplish so much. It’s what will continue to pave the way for more opportunities.
And we think that’s pretty remarkable.
Nationwide is only as good as its people—associates and business partners alike. Our Core and Performance Values keep those relationships strong and guide who we work together to achieve great results.