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Our History

Two main characters are featured in National Insurance Company’s history. One is our founder, Carlos M. Benítez Senior; the other is our group of insured clients, the ones who comprise the basis of our business.

Carlos M. Benítez Senior was born in the Puerto Rican municipality of Vieques. During the 1940s he moved to San Juan and attended the University of Puerto Rico, then went on to complete a Master’s Degree in Toronto, Canada. Those who had the privilege of knowing Don Carlos, as he was affectionately called, described him as a visionary, as a person filled with a profound human quality and a hard-working nature. For him, serving his fellow men and women was a privilege. The insurance industry was the arena chosen by don Carlos to serve the public. He dedicated himself to this task since 1956, when he founded the Carlos M. Benítez Inc. insurance agency.

In 1961, realizing that he could serve his clients even better, don Carlos founded a property and casualty insurance company that came to be known as National Insurance Company. Since founded, this 100% Puerto Rican company evidenced a continuous growth and came to occupy a privileged position in the local insurance history. An important step on the company’s path to success was taken in 1984 with the inauguration of a Florida office. Throughout the years, National Insurance Company has promptly and efficiently met its commitment towards its insured clients, as shown in the aftermath of hurricanes Hugo (1889), Andrew (1992), and Georges (1998). Today, National Insurance Company continues to create products that address the specific needs of its clients.

After graduating in Business Administration from High Point College in South Carolina and seeking further education in London, Switzerland and Germany, Carlos M. Benítez, Jr. accepted the challenge to continue the work begun by his father and in 1983 became president of National Insurance Company. Since then, he has embraced the service ideals learned from childhood: “We have a commitment to review the needs of our clients and we have the challenge to provide better coverage. Our roots are in Puerto Rico, we know the market well and we strive to improve our client’s insurance conditions for they are the reason we exist.”

Our company history began with the ideal of a visionary and his commitment to make his vision a reality. Today the insurance industry features a company comprised of professionals who have a commitment to that same vision of quality and service. National Insurance Company relies on the experience of the people who have been with us from the start, as well as those who have joined our team to carry on the legacy of excellence we have set for ourselves within the insurance industry. All members of our staff help us write another chapter in the history of a solid company that recognizes the value of the past and works hard towards a future filled with improved services for all our insured clients.

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