NI Holdings, Inc. (NODK) is a publicly held holding company focused on property and casualty insurance. Our success comes from the operations of Nodak Insurance Company and its affiliates. Our efforts are focused on automobile, farmowners, homeowners, crop insurance and commercial risks. Our products are marketed through both the captive and independent agent channels located in 17 states in the Upper Midwest, Southwest and East Coast.
Nodak Mutual Group, Inc, which operates as a mutual holding company, owns approximately 55 percent of NI Holdings, Inc. with the remaining 45 percent being actively traded on NASDAQ under NODK.
Founded as Nodak Mutual Insurance Company in 1946 to offer property and casualty insurance to members of the North Dakota Farm Bureau, Nodak Insurance Company writes multi-peril crop, crop hail, private passenger automobile, farmowners, homeowners, as well as commercial property and liability policies in North Dakota and nearby states. Nodak Insurance Company policies are distributed through over 70 exclusive insurance agents appointed by the company.WWW.NODAKINS.COM
Currently active in South Dakota, Minnesota, and North Dakota, American West is licensed to write insurance in eight states across the Midwest and Western regions of the United States. Products include policies for multi-peril crop, crop hail, farmowners, private passenger auto and homeowners insurance. American West currently has a network of independent agents located in approximately 104 offices, the majority of which are in South Dakota.WWW.YOURAWI.COM
Battle Creek issues auto, homeowners and farmowners policies, distributed through independent agents located in approximately 288 offices in Nebraska. Battle Creek joined the Nodak family in 2011.WWW.BCMUTUAL.COM
Primero writes only non-standard automobile insurance in Nevada, Arizona, North Dakota and South Dakota. The company was acquired by Nodak Insurance Company in 2014. Primero distributes its policies through approximately 612 independent agents.WWW.PRIMEROINSURANCE.COM
Direct Auto is based out of Chicago and specializes in non-standard automobile coverage in the state of Illinois. The company joined the Nodak Insurance family in September 2018 and distributes its policies through their independent agent partners.WWW.MYDIRECTAUTO.COM
Westminster American is headquartered in Owings Mills, Maryland. They are a leading writer of commercial multi-peril insurance doing business in Delaware, Georgia, Maryland, New Jersey, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia and the District of Columbia through independent agent partners. The acquisition of Westminster American was completed in early 2020.WWW.WESTMINSTERAMERICAN.COM
Mr. Alexander has more than 25 years of experience in the property and casualty industry and more than 10 years of experience as the chief executive officer of Nodak Insurance Company, making him a highly qualified director for NI Holdings. He joined Nodak Insurance Company as senior vice president of underwriting in August 2003. He was promoted to chief operating officer in November 2004. In July 2005, he was appointed executive vice president and chief executive officer. Prior to joining Nodak Insurance Company, he was director of underwriting and customer service at MSI Insurance Companies. A graduate of Earlham College with a Bachelor of Arts degree in mathematics, he also obtained a Master of Arts degree in actuarial science from Ball State University.
Seth Daggett is the executive vice president, treasurer and chief financial officer. He joined Nodak in September 2019
and has over 15 years of experience in the property/casualty insurance industry. Prior to joining Nodak, he was the chief
financial officer and treasurer at RAM Mutual Insurance Company.
Daggett began his career as an external auditor at Deloitte, and joined Travelers Companies, Inc. in 2004 where he served as senior director of finance from 2008 to 2015. Daggett graduated from the University of North Dakota with bachelor's degrees in financial management and accounting, and is a certified public accountant. He has the CPCU and ARe designations from the American Institute of Chartered Property Casualty Underwriters and the Insurance Institute of America, and served as a board member of the Minnesota Workers' Compensation Insurers Association from 2017 to 2019.
Mr. Duncan joined Nodak Insurance Company in December 2005 as vice president of shared services. He is responsible for both underwriting and claims processes. Mr. Duncan began his career with United Farm Family Mutual Insurance Company in 1989, where he held several management positions, including commercial underwriting, personal lines underwriting, property and casualty claims, as well as farm and crop insurance. In addition, he held the position of product manager for farm, crop and commercial, overseeing a $110 million book of business. Mr. Duncan earned a Bachelor of Science degree in actuarial sciences from Indiana University.