Guiding insurance companies through the complexities of insurance investing and regulation is at the heart of our business.
When partnering with Parkway Advisors you benefit from our team of insurance professionals with experience in insurance investment management, statutory reporting and insurance regulation.Services
Our extensive financial knowledge will help you navigate the investment world.
Parkway Advisors, LP takes a uniquely consultative approach to investment consulting, reporting, and asset management.
In the investment industry, Parkway is the only investment advisor that truly customizes our services to the needs of our clients by offering stand-alone consulting and reporting services. We firmly believe that the best and most successful business relationships begin with open communication. Through Parkway’s emphasis on personal service, custom solutions, and strong communication, our clients have enjoyed historically strong performance success, even during the financial crisis and the low interest environment that has followed.
"Whatever you do, work at it with all your heart, as working for the Lord, not for men." Colossians 3:23
Think of us as an extension of your team.
Parkway understands that the only way to serve an insurance company is to understand the products that are sold to members, the historical financial statements, the nature of the reserves, current IMR/AVR and RBC characteristics and the risk tolerance and objectives of management. This requires a proactive relationship with management, the board of directors, the actuary and other service providers. In addition, Parkway fundamentally believes that all partners serving an insurance company need to work together. This is why we actively nurture relationships with insurance actuaries, auditors and other providers. Working together with a single direction is key to success and our desire is to be an extension of the team.
FRATERNAL BENEFIT SOCIETIES
MUTUAL INSURANCE COMPANIES
COMMERCIAL LIFE AND HEALTH COMPANIES
COMMERCIAL PROPERTY AND CASUALTY COMPANIES
Why Choose Parkway Advisors?
Consists of former insurance professionals
Tailors services to your specific needs
Offers an experienced statutory reporting department
Understands Statutory and GAAP based accounting
Has a clear focus on investing for the insurance industry
Easily accessible and available in person for investment-related meetings
Investment success will only be accomplished by designing services and solutions around your unique needs as an insurance company. Parkway offers our clients service and support that goes beyond expected.
- Unmatched advisory experience, resources and tools.
- Stand-alone consulting and reporting services.
- Excellent track record of surplus and net investment income growth.
- Specific focus on serving insurance companies.
- Extensive knowledge reguarding statutory investment reporting.
- Extensive insurance relationships with actuaries, auditors and other service providers.
- Comprehensive knowledge of NAIC and state insurance regulation including pending rules.
To be known as the best, most-respected investment advisor to the insurance industry.
Because insurance investment is such a specialized service, it is important to work with an asset manager and investment advisor who can be a knowledgeable, trusted business advisor to your company. As an insurance focused investment advisory firm, Parkway Advisors seeks not to be the biggest or most profitable company, we strive to be the best, most-respected in the insurance industry.
We realize that “to be the best, most-respected provider of investment services to the insurance industry” is somewhat an audacious goal. However, we have put five strategic objectives into place which help guide us on our way.
TO GROW THE COMPANY
Growth is the hallmark of any healthy company. We seek to grow Parkway first and foremost through the clients we are privileged to serve and by seeking out and inviting new clients to work with us whose values are closely aligned with our own.
We grow corporately and professionally by continually remaining informed on developments with insurance and investment regulations that affect our clients. We grow personally through enhancing our relationships with one another, with our clients and by seeking to maintain balance in all areas of life. Growing the company means many different things to different people, but to us, it means always moving forward and continually improving, both personally and professionally.
TO BE KNOWN AS A GREAT PLACE TO WORK
A very important goal of ours is to be known as a great place to work. We know that if our people are taken care of, our clients will be taken care of too. Happy, healthy employees are more productive and efficient, and provide better customer service; that is why we place a high priority on creating a positive working environment for employees. Through excellent benefits, work/life balance programs, motivational book studies, performance plus awards and numerous other life enrichment initiatives, we are helping our employees succeed in an encouraging, mutually supportive work environment.
TO BE KNOWN AS HELPERS OF PEOPLE
We at Parkway believe it is important to not only perform our duties with excellence, but to also develop a corporate conscience and soul, an attitude of service and generosity to others. As employees, we volunteer at and give to local and national non-profit organizations whose mission is to help others.
Corporately and personally our employees regularly volunteer for Meals on Wheels, Boy Scouts of America and various other organizations, including: Camp Courage, a local camp for grieving children; the Joseph Thomas Foundation, a provider of specialty medical equipment for children with special needs; and the Cancer Services Network, a local non-profit supporting under-served cancer patients with related medical expenses.
Learn more about these great local organizations.
TO BE KNOWN AS THE LEADING PROVIDER OF INVESTMENT SERVICES TO THE INSURANCE INDUSTRY
Our goal is not to become the biggest or even the most profitable investment advisor to insurance companies. Our goal is to become the best, most respected firm and the leading provider of services to insurers. We know that if we strive for excellence in all we do, the profitability of the company will take care of itself. Our clients enjoy our undivided attention, frequent consultations, investment decisions specific to insurers, assistance with investment plans, adept statutory reporting services and much, much more. Our focus is on the individual insurance company’s unique needs, which are addressed through a customized, relationship-based approach.
TO ACHIEVE GOOD FINANCIAL RESULTS
Achieving good financial results can mean different things in different years. One year, we may achieve record returns, but if it could have been better, it would not be considered good financial results. Another year, we may barely break even, but because of circumstances beyond our control, this could be considered to be good financial results. We believe that as long as we maintain and focus on our five strategic objectives, the last goal of good financial results will inevitably take care of itself.
Cancer Services Network
Joseph Thomas Foundation
The National MS Society
Camp Courage is a week-long camp for children who have suffered similar losses of a loved one through death, divorce, separation, incarceration or deployment.
Children participate in recreational activities that promote self-esteem, encourage self-healing, and provide an outlet for unexpressed emotions. In addition, with the help of specially trained counselors, campers develop healthy coping skills as a result of the variety of grief exercises offered, which ultimately help build self confidence, trust, and an understanding of the grief process. Children, ages five through 18, who are grieving are encouraged to participate.Click here to learn more.
Cancer Services Network
Cancer Services Network (CSN) provides post-diagnosis assistance to cancer patients, cancer survivors and their families, and caregivers through emotional, social, and direct financial support.
CSN is a local not-for-profit agency serving 19 counties of West Central Texas. Financial assistance is provided for low-income, uninsured and underinsured cancer patients. Cancer patients must be in active treatment; the amount of coverage is based on a sliding scale. For clients meeting the eligibility requirements, CSN can provide cancer prescription medications, medical equipment and supplies, transportation to and from cancer treatment, nutritional supplements, and health insurance premium continuation.Click here to learn more.
Joseph Thomas Foundation
The foundation was started to help families who need medical equipment, supplies and other medical needs.
Joseph was a special boy. He needed constant medical care, like most kids with special needs. We know firsthand the pressures this puts on the family, spiritually, emotionally and financially. We feel we can use our knowledge as an outreach and help other families in need.Click here to learn more.
The National MS Society
The National MS Society is a collective of passionate individuals who want to do something about MS now-to move together toward a world free of multiple sclerosis.
MS stops people from moving. We exist to make sure it doesn't. We help each person address the challenges of living with MS through our 50-state network of chapters. The Society helps people affected by MS by funding cutting-edge research, driving change through advocacy, facilitating professional education, and providing programs and services that help people with MS and their families move their lives forward.Click here to learn more.