Nouvelle Alexandrie Mutual Insurance: Difference between revisions

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Revision as of 02:31, 11 September 2025

Nouvelle Alexandrie Mutual Insurance
Trading name NAMI
Type Mutual insurance company
Industry Insurance
Founded 1701 AN
Headquarters Punta Santiago, Nouvelle Alexandrie Nouvelle Alexandrie
Number of locations 47 regional offices
Area served Federation of Nouvelle Alexandrie
Key people María Elena Vásquez (CEO)
Roberto Castellanos (Chairman)
Products Employee benefits, life insurance, family leave insurance
Services Insurance administration, claims processing, employee benefits consulting
Revenue NAX€2.8 billion (1747 AN)
Net income NAX€187 million (1747 AN)
Total assets NAX€8.4 billion
Owner(s) Policyholders (mutual structure)
Employees 12,400
Divisions Family Benefits Division, Corporate Benefits Division, Individual Insurance Division

Nouvelle Alexandrie Mutual Insurance (NAMI) is one of the Federation's largest mutual insurance companies and a founding member of the family leave insurance market established under the Family and Workplace Support Act, 1747. Founded in 1701 AN as a cooperative insurance provider for agricultural workers in Alduria, the company has evolved into a comprehensive employee benefits administrator serving over 340,000 policyholders across all 12 regions of Nouvelle Alexandrie.

NAMI became one of the first three certified benefits administrators for family leave insurance in 1747 AN, leveraging its extensive experience in employee benefits administration and established relationships with major employers. The company's Family Benefits Division, created specifically to serve the new market, has enrolled over 180 participating employers and processed more than 2,100 family leave claims through 1748 AN. As a mutual company owned by its policyholders, NAMI operates on a cooperative model that has allowed it to offer competitive premium rates while maintaining strong financial reserves and consistent dividend payments to member organizations.

See also