Service American, Tangram Insurance Partner on Workers’ Comp Program

May 21, 2020

Service American Indemnity Co. (SAIC), a national workers’ compensation carrier, is partnering with Tangram Insurance Services Inc. (Tangram), a managing general underwriter and program manager, to enhance Tangram’s Social Service Workers Compensation Program. SAIC is a subsidiary of Texas-based Service Insurance Holdings Inc. (SIHI).

A national carrier, SAIC offers California-based Tangram the opportunity to provide competitive workers’ compensation insurance to thousands of social service organizations across the country, the companies said.

SAIC has specialized in workers’ compensation for close to 40 years and operating with a strong infrastructure to add bench strength to Tangram’s already well established, flagship program.

In 2018, SIHI, parent of Texas-based workers’ compensation insurer Service Lloyds Insurance Co., acquired American Healthcare Indemnity Co. (AHIC), an Oklahoma-based insurer, which was rebranded as Service American Indemnity Co. Service Insurance Holdings is wholly owned by the Gray Family. Service American Indemnity Co. and Service Lloyds are rated A-VIII (Excellent) by A.M. Best.

Source: Tangram Insurance Services Inc.

Topics Mergers & Acquisitions Workers' Compensation

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