Auto-Owners Insurance
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| Company type | Mutual (main company) |
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| Industry | Finance and Insurance |
| Founded | July 1, 1916[1] |
| Founder | Vern V. Moulton |
| Headquarters | |
Number of locations | 6,299 agencies |
Area served | Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, Virginia and Wisconsin[2] |
Key people | Jamie Whisnant (CEO) |
| Services | Insurance |
| Revenue | US $10 billion (2021 Annual Report) |
| US $1.3 billion (2021 Annual Report) | |
| Total assets | US $32.5 billion (2021 Annual Report) |
Number of employees | 5,394 (2019) |
| Divisions | Insurance; mutual funds |
| Subsidiaries | See Auto-Owners Insurance Group Companies below. |
| Website | www |
Auto-Owners Insurance Group is a mutual insurance company that provides life, home, car and business insurance. Their policies are sold exclusively through local and independent insurance agents within their 26 operating states.[3] They currently sponsor Martin Truex Jr. and Joe Gibbs Racing in the NASCAR Cup Series.
History
[edit]In 1916, Vern V. Moulton and four other associates organized Auto-Owners Insurance Company in Mount Pleasant, Michigan. In 1917, the company moved its headquarters to Lansing, Michigan. Here, the home office has remained.[4]
Auto-Owners began writing insurance in Indiana, its first state outside of Michigan, in 1935. They now offer insurance in 26 states through local, independent insurance agents.[4]
The company has been a member of the Fortune 500 since 2003.[5] In 2020, Auto-Owners Insurance was listed at number 320.[5]
Auto-Owners Insurance Group Companies
[edit]- Auto-Owners Insurance Company[3]
- Auto-Owners Life Insurance Company[3]
- Owners Insurance Company[3]
- Home-Owners Insurance Company[3]
- Property-Owners Insurance Company[3]
- Southern-Owners Insurance Company[3]
- Atlantic Casualty Insurance Company[6]
- Concord Group Insurance Companies[7]
- Capital Insurance Group[8]
References
[edit]- ^ "Corporate Information". Auto-Owners Insurance Company. Retrieved August 30, 2010.
- ^ "operating states". Auto-Owners Insurance Company. Retrieved August 30, 2010.
- ^ a b c d e f g "Who We Are - Auto-Owners Insurance". www.auto-owners.com. Retrieved February 19, 2021.
- ^ a b "History - Auto-Owners Insurance". Auto-Owners.com. Retrieved February 19, 2021.
- ^ a b "Auto-Owners Insurance | 2020 Fortune 500". Fortune. Retrieved February 19, 2021.
- ^ "Business Moves". Insurance Journal. October 5, 2015. Retrieved February 19, 2021.
- ^ "Auto-Owners and Concord General Mutual Insurance Affiliation Approved". Insurance Journal. April 6, 2017. Retrieved February 19, 2021.
- ^ Smith, Ryan. "Auto-Owners Insurance snaps up regional insurer". www.insurancebusinessmag.com. Retrieved February 19, 2021.
External links
[edit]| International | |
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| National | |