Who We Are

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About Us

NASW Insurance Company: Reinsurance Captive

Incorporated on December 23, 2007, NASW Insurance Company (NASWIC) operates as a dynamic for-profit subsidiary of NASW Assurance Services (ASI), which itself is wholly owned by the National Association of Social Workers (NASW). As a reinsurance captive company, NASWIC is pivotal in supporting NASW’s Professional Liability Insurance Program (PLI), a flagship product essential for delivering unparalleled value to NASW members and the social work profession.

Based in the metro Washington, D.C. area and regulated by the local Department of Insurance, NASWIC ensures financial stability and reliability. Premiums are systematically written and earned over time, with claims and administrative expenses meticulously managed. NASW Assurance Services Inc. oversees marketing, customer billing, underwriting, and servicing, while NASWIC holds reserves to offset future claims.

NASWIC was established to:

  • Enhance services for NASW members.
  • Strengthen the operations of NASW Assurance Services.
  • Provide greater control over service.
  • Contribute to the growth of the captive insurance industry in Washington, D.C.
  • Develop and participate in future insurance programs under NASW.

On the Horizon

Expanding the Reinsurance Program

As an A.M. Best-rated “Excellent” reinsurance company, NASWIC continues to generate revenue through its strategic partnership with The Hartford. Ongoing data collection and analysis pave the way for expanded reinsurance offerings, ensuring broader coverage and enhanced benefits for our clients.

Planned Growth in Captive Insurance

Since our inception, NASWIC has consistently delivered value to NASW members. Looking ahead, we are exploring opportunities to expand our captive insurance offerings to support NASW Assurance Services and NASW further. This strategic growth aims to bolster our insurance capabilities while delivering substantial cost savings to NASW.

For More Information on our parent company, visit the ASI Website – We Got You Covered!

Past and Current Partners

855.835.2160

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