Amica Mutual Insurance

Last updated
Amica Mutual Insurance
Company type Mutual
Industry Insurance
Founded1907
Headquarters Lincoln, Rhode Island, United States
Key people
Edmund Shallcross III,
President and CEO
Number of employees
3,781 (2019)
Website www.amica.com

Amica Mutual Insurance Company is a Rhode Island-based mutual insurance company that offers auto, home and life insurance. [1]

Contents

Amica was founded as the Automobile Mutual Insurance Company of America by A.T. Vigneron in 1907 and originally offered auto, fire and theft insurance. [2] Since then, Amica has expanded to offering auto, home and life insurance, as well as owning a number of subsidiary insurance companies. It is the oldest mutual insurer of automobiles in the United States.

History

Originally named the Automobile Mutual Insurance Company of America, Amica was founded in 1907 by A.T. Vigneron in Providence, Rhode Island. Amica was organized as a mutual insurance company, meaning that company was owned by policyholders rather than stockholders.[ citation needed ]

In 1941, Amica opened its first branch office in Boston, Massachusetts, and now has 44 locations nationwide. The company added homeowners’ insurance in 1956, and later added marine and umbrella insurance. [2]

In 1994, Amica’s corporate office moved from Providence, Rhode Island, to a larger campus in nearby Lincoln.

In 2007, Amica celebrated its 100th year of business. [3]

Subsidiaries

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References

  1. 1 2 McGreevy, Paul (2012-02-07). "Rhode Island Department of Business Regulation" (PDF).
  2. 1 2 "Amica Company Facts and History".
  3. "Amica Insurance Launches Identity Resolution Services". CyberScout (Press release). 2006-11-13. Retrieved 2017-09-27.