Terry Lee Ledbetter
Chief Executive Officer at National Specialty Insurance Co.
Profile
Terry Lee Ledbetter was the founder of State National Cos., Inc. (founded in 1973) where he held the title of Chairman & Chief Executive Officer from 2017 to 2019.
He is currently the Chairman & Chief Executive Officer at National Specialty Insurance Co., Velocity Specialty Insurance Co., and City National Insurance Co. Mr. Ledbetter's former positions include Chairman & Chief Executive Officer at State National Insurance Co., Inc. and Chief Executive Officer at United Specialty Insurance Co. He obtained his undergraduate degree from Southern Methodist University.
Terry Lee Ledbetter active positions
| Companies | Position | Start |
|---|---|---|
National Specialty Insurance Co.
 National Specialty Insurance Co. Property/Casualty InsuranceFinance National Specialty Insurance Co. provides insurance brokerage services. It offers insurance products for child care, social services, and detective and security programs. The firm provides fidelity and surety information and employment practices liability program. The company is headquartered in Madison, WI. | Chief Executive Officer | - |
Velocity Specialty Insurance Co.
 Velocity Specialty Insurance Co. Property/Casualty InsuranceFinance Part of Velocity Risk Underwriters LLC, Velocity Specialty Insurance Co. is a company that provides domestic property and casualty insurance services. The company is based in Columbus, OH. The CEO of the company is Terry Lee Ledbetter. Velocity Specialty Insurance was acquired by Velocity HoldCo LLC from Markel Group, Inc. on June 30, 2023. | Chief Executive Officer | - |
City National Insurance Co.
 City National Insurance Co. Property/Casualty InsuranceFinance Part of Markel Group, Inc., City National Insurance Co. is a company that provides property insurance services. The company is based in Fort Worth, TX. The CEO of the company is Terry Lee Ledbetter. | Chief Executive Officer | - |
Former positions of Terry Lee Ledbetter
| Companies | Position | End |
|---|---|---|
| STATE NATIONAL COMPANIES INC | Chief Executive Officer | 2019-12-30 |
United Specialty Insurance Co.
 United Specialty Insurance Co. Multi-Line InsuranceFinance Part of Markel Group, Inc., United Specialty Insurance Co. is a company that provides insurance services. The company is based in Bedford, TX. The CEO of the company is Terry Lee Ledbetter. | Chairman | - |
State National Insurance Co., Inc.
 State National Insurance Co., Inc. Multi-Line InsuranceFinance State National Insurance Co., Inc. provides insurance services. The company was founded in 1984 and is headquartered in Bedford, TX. | Chief Executive Officer | - |
Training of Terry Lee Ledbetter
| Southern Methodist University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 6 |
|---|---|
State National Insurance Co., Inc.
State National Insurance Co., Inc. Multi-Line InsuranceFinance State National Insurance Co., Inc. provides insurance services. The company was founded in 1984 and is headquartered in Bedford, TX. | Finance |
State National Cos., Inc.
 State National Cos., Inc. Multi-Line InsuranceFinance State National Cos., Inc. provides insurance services. The firm specializes property and casualty insurance services operating in two niche markets Lender Services and Program Services. Its Lender Services business insures personal automobiles and other vehicles as collateral for loans made by credit unions, banks, and specialty finance companies. Its Program Services business provides access for reinsurers and other capital providers to the US property and casualty insurance market in exchange for ceding fees and is recognized as the largest and longest-standing pure-play fronting business in the US insurance industry. The company was founded by Lonnie Kossuth Ledbetter, Jr. and Terry Lee Ledbetter in 1973 and is headquartered in Bedford, TX. | Finance |
National Specialty Insurance Co.
National Specialty Insurance Co. Property/Casualty InsuranceFinance National Specialty Insurance Co. provides insurance brokerage services. It offers insurance products for child care, social services, and detective and security programs. The firm provides fidelity and surety information and employment practices liability program. The company is headquartered in Madison, WI. | Finance |
United Specialty Insurance Co.
United Specialty Insurance Co. Multi-Line InsuranceFinance Part of Markel Group, Inc., United Specialty Insurance Co. is a company that provides insurance services. The company is based in Bedford, TX. The CEO of the company is Terry Lee Ledbetter. | Finance |
Velocity Specialty Insurance Co.
Velocity Specialty Insurance Co. Property/Casualty InsuranceFinance Part of Velocity Risk Underwriters LLC, Velocity Specialty Insurance Co. is a company that provides domestic property and casualty insurance services. The company is based in Columbus, OH. The CEO of the company is Terry Lee Ledbetter. Velocity Specialty Insurance was acquired by Velocity HoldCo LLC from Markel Group, Inc. on June 30, 2023. | Finance |
City National Insurance Co.
City National Insurance Co. Property/Casualty InsuranceFinance Part of Markel Group, Inc., City National Insurance Co. is a company that provides property insurance services. The company is based in Fort Worth, TX. The CEO of the company is Terry Lee Ledbetter. | Finance |
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