Old Republic Residual Market Services (ORMARKS) specializes in providing assigned risk services for the workers' compensation residual markets. The company serves as a national servicing carrier, offering policy management and claims services to assigned risk policyholders across the United States.
Regulators, bureaus, and administrators rely on ORMARKS' extensive expertise in the assigned risk domain. The company's services comply with the NCCI Workers' Compensation Insurance Plan or state-specific performance requirements, encompassing policy issuance, billing, collections, premium audit, and loss control. These services are delivered by the ORMARKS service team based in Minneapolis, MN.
ORMARKS is a part of the Old Republic General Insurance Group (ORGIG), the largest business segment within the Old Republic International Corporation (NYSE: ORI), a prominent shareholder-owned insurance organization listed on the Fortune 500.
Founded in 2018, ORMARKS operates in the Financial Services and Insurance industries, positioning itself as a valuable player in the workers' compensation residual market. As of now, there is no publicly available information regarding the company's last investment or its associated investors. The company's headquarters location is also not specified. With its strong backing and specialized offerings, ORMARKS demonstrates potential to carve out a niche in the insurance market.
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