Advantages of North Carolina Mutual Life

As the only African American owned and operated company that offers direct employee benefits, we are recognized by many employers in both the private and public sectors as the diversity business partner of choice.

OUR ADVANTAGES
North Carolina Mutual has a unique history and service reputation that gives us a degree of access to group decision-makers beyond the reach of other carriers. This access makes us an ideal partner for large insurance carriers and other professional organizations. When we establish Strategic Partnerships, all parties benefit from the cooperative arrangements. Employer groups and their employees and families are better served by NCML through our partnerships.

Our niche markets include historically minority based organizations, schools, universities, and public and private employers with strong diversity programs or large minority constituencies. For many of the group clients we serve, our unique position in the market allows them to fulfill their goals of bringing more diversity in their business models.

Key points about North Carolina Mutual:

  • We are able to service clients in all states through our strategic partnerships
  • Our 100+ year history provides strength and experience that makes us an industry leader
  • We provide immediate access to our key decision-makers
  • We have enduring relationships with Fortune 500 companies spanning several decades
  • We have more than 95% retention of our group life business over the last ten years
  • We are the diversity partner of choice for Fortune 500 companies
  • Our group business provides more than 80% of our company’s gross written premiums
  • Our reach into diverse communities meets clients’ corporate bottom line objectives and where diversity is a priority we serve as a key component of that strategy
  • We are in the top 10% of companies providing services in the diverse supply chain
  • We are the only minority company that is able to write direct group insurance