A major contributor to this article appears to have a close connection with its subject.(May 2021) |
Company type | Subsidiary |
---|---|
Industry | Insurance |
Founded | 1999[1] |
Headquarters | Northbrook, Illinois, U.S. |
Products | Home, Auto, and Home Business Insurance, Personal Umbrella Insurance |
Revenue | US$1 billion |
Number of employees | 1,400 (July 2016) |
Parent | Allstate |
Website | Official Website |
Encompass Insurance Company is a subsidiary of Allstate Corporation and is one of the largest personal property and casualty insurance brands sold through a network of more than 6,500 independent agent locations across the United States. The company that would become Encompass was founded in 1897 and officially became the Encompass Insurance Company in the 1990s. [2] The company has its headquarters in Northfield Township, Illinois, near Northbrook, Illinois.
In 1897, the company that would become Encompass began selling personal insurance under the motto "Protection and Security." The company’s package policy dates back to then.
In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000.
Encompass distributes its products through 6,500 independent agency locations in 42 states. [3]
Encompass was the title sponsor of the Encompass Championship Tour celebrity pro-am golf tournament in Tampa, Florida, in February 2012, and in Glenview, Illinois, from 2013-2015. [4]
In February 2015, the Encompass Championship was the Donor Spotlight for the First Tee Open, a youth development initiative of the World Golf Foundation supported by organizations in golf including the Masters Tournament, Ladies Professional Golf Association, Professional Golfers’ Association of America, PGA Tour and United States Golf Association. The Encompass Championship selected three other youth-serving organizations as charity partners that year as well: Daniel Murphy Scholarship Fund, Junior Achievement of Chicago and JDRF. [5]
In July 2020, Allstate announced to be acquiring National General for $4 billion, which is closed in January 2021.
Encompass is backed by a number of independent rating agencies based on profitability, adequacy of capital liquidity, company management and investment risk. [7]
An A.M. Best ranking of A+ (Superior) was given to the following Encompass underwriting companies: Encompass Indemnity Company, Encompass Insurance Company, Encompass Insurance Company of America, Encompass Property and Casualty Company, Encompass Independent Insurance Company, Encompass Insurance Company of Massachusetts and Encompass Home and Auto Insurance Company.
Encompass Insurance Company of New Jersey and Encompass Property and Casualty Insurance Company of New Jersey share the A.M. Best rating of A−, same as their parent company Allstate New Jersey Insurance Company, as of December 2015.
Encompass Floridian Indemnity Company and Encompass Floridian Insurance Company are rated B− by A.M. Best, same as their parent company Castle Key Insurance Company. [8] [9]
The EncompassOne policy offers three tiers of comprehensive coverage for homes, vehicles and collectables. They are Elite, Deluxe and Special and are available in most states.
Homeowners, condominium, renters and landlord insurance, auto, motorcycle, recreational vehicle insurance, boat and personal watercraft insurance, personal umbrella, scheduled personal property, home based business insurance, identity theft restoration protection. [10]
The Seaview is a golf club and resort on the East Coast of the United States, located in Galloway Township, New Jersey, north of nearby Atlantic City. The club hosted the ShopRite LPGA Classic in 1986-87, from 1998-2006 and again starting in 2010. During World War II, it hosted the PGA Championship in 1942, Sam Snead's first major title. The course also cooperates with Rutgers University on testing of new turf breeds and natural control of mosquitoes.
The Allstate Corporation is an American insurance company, headquartered in Glenview, Illinois since 2022. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993, but was still partially owned by Sears until it became an independent company completely in June 1995. The company also has personal line insurance operations in Canada.
Torrey Pines Golf Course is a 36-hole municipal golf facility in La Jolla, a community of San Diego, California. The course sits on the coastal cliffs overlooking the Pacific Ocean, just south of Torrey Pines State Natural Reserve. Opened in 1957, it was built on the site of Camp Callan, a U.S. Army installation during World War II. Torrey Pines has two 18-hole courses, North and South, designed by William Francis Bell. The course is named for the Torrey pine, a rare tree that grows in the area.
The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Travelers is incorporated in Minnesota, with headquarters in New York City, and its largest office in Hartford, Connecticut. It has been a component of the Dow Jones Industrial Average since June 8, 2009.
The Sahalee Country Club is a private golf course and country club in the northwest United States, located in Sammamish, Washington, a suburb east of Seattle. In the Chinookan language, Sahalee means "high heavenly ground." The 27-hole course is located on a heavily forested plateau immediately east of Lake Sammamish.
The Baltusrol Golf Club is a private 36-hole golf club in the eastern United States, located in Springfield, New Jersey, about twenty miles (30 km) west of New York City. It was founded 129 years ago in 1895 by Louis Keller.
Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021, Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for the 2020 fiscal year.
The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States–based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and-casualty operations, group benefits and mutual funds.
Westfield Insurance, the primary subsidiary of Westfield Group, is a multi-line provider of business property and liability insurance, personal lines insurance, agribusiness insurance, and surety bonds.
CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897, and The Continental Insurance Company (CIC) was organized in 1853. CNA, the current parent company, was incorporated in 1967.
Kemper Lakes Golf Club is a private country club in the central United States, located in Ela Township, Lake County, outside Kildeer, Illinois, a suburb northwest of Chicago. It is also near the communities of Forest Lake, Lake Zurich, Hawthorn Woods, and Long Grove.
The Association for Cooperative Operations Research and Development (ACORD) is a non-profit organization in the insurance industry. ACORD publishes and maintains an archive of standardized forms. ACORD has also developed a comprehensive library of electronic data standards with more than 1200 standardized transaction types to support exchange of insurance data between trading partners. ACORD itself, though, is not an insurance company and does not process claims or provide insurance coverage of any kind.
The PURE Insurance Championship is a golf tournament on the PGA Tour Champions. It is sponsored by the PURE Insurance company and normally held in August/September in Monterey, California at the Pebble Beach Golf Links and Del Monte Golf Course, but has also been played in July. In 2014 it was played at Pebble Beach and Poppy Hills Golf Course.
Kemper Corporation is an American insurance provider with corporate headquarters located in Chicago, Illinois. With nearly $13 billion in assets, the Kemper family of companies provides insurance to individuals, families, and businesses.
National General Insurance, formerly the GMAC Insurance Group is a Winston-Salem, North Carolina-based property and casualty insurance company. The company was founded in 1920. The company is the only insurance company in the United States to originate within the automotive industry.
AmTrust Financial Services, Inc., is a New York City-based multinational property and casualty insurance company, offering workers’ compensation, general liability, business owners policies (BOP), cyber liability, employment practices liability (EPLI) and more. Operating through its subsidiaries, its operations are divided into three segments: small commercial business insurance, specialty risk and Extended Warranty insurance, and Specialty Middle-Market Property and Casualty insurance. The company's main regions of operations are North America, United Kingdom, and mainland Europe. AmTrust is rated “A−” (Excellent) by AM Best Company. Barry Zyskind is the chairman and CEO.
First Tee is a 501(c)(3) nonprofit organization with the stated goal of improving children's life skills through golf lessons. Based in Ponta Vedra Beach, Florida, the organization claims to teach more than 3.6 million youth annually through programs across the country and internationally.
University Ridge Golf Course is a public golf course in the central United States, located in Verona and Madison, Wisconsin. It is the home course to both the men's and women's golf teams for the University of Wisconsin. Also, since 1994, it has been home to both the boys' and girls' WIAA state golf championships for all divisions. Beginning in 2016, Steve Stricker, a Wisconsin native, has hosted an event on the PGA Tour Champions every June at University Ridge. The Thomas Zimmer Championship Cross Country Course is also located on the property.
Sentry Insurance is a mutual insurance company specializing in business insurance. The company’s home office is in Stevens Point, Wisconsin, where about half the company’s approximately 4,500 employees are located. Sentry offers property and casualty insurance, workers' compensation, life insurance, and other business insurance, as well as non-insurance products like annuities and retirement programs. Sentry provides specialized insurance programs to customers in specific industries as well as very large companies with complex risk.