Company type | Mutual |
---|---|
Industry | Insurance |
Founded | Dedham, Massachusetts, U.S. (1825) |
Founder | John Endicott |
Headquarters | , |
Number of locations | 1 |
Area served | New England, Mid Atlantic |
Key people | Joel Murray (President & CEO) |
Products | Personal insurance, Commercial insurance |
Total assets | ~$800 million (2020) |
Number of employees | ~150 |
Divisions | Norfolk & Dedham Mutual Fire Insurance Company, Dorchester Mutual Insurance Company, Fitchburg Mutual Insurance Company |
Website | www |
The N&D Group is a mutual insurance carrier based in Dedham, Massachusetts, comprising three regional property and casualty insurance companies which market personal and commercial insurance product lines through independent insurance agents. The group conducts business in Massachusetts, New Hampshire, and New Jersey, and writes over $400 million in Direct insurance premium. [1] Founded as The Norfolk Mutual Fire Insurance Company in 1825, The N&D Group is one of the oldest mutual insurance companies in the United States. [2]
As early Dedham, Massachusetts residents were establishing new farms and businesses, it became apparent that the community needed financial protection against various risks such as fire. As a result, The Norfolk Mutual Fire Insurance Company was established by a group of prominent citizens, electing John Endicott as the company's first president. [3] In 1847, Norfolk built an office building at 4 Pearl Street in Dedham Square. [4] For the next 40 years, the building also housed the Dedham Institution for Savings, [4] the Dedham Bank, and served as a home for the Norfolk County grand jury. [5]
Throughout the early to mid 1900s, the company quickly grew and expanded to various states in the Northeast. In the 1950s, doing business in 26 states, the group constructed its headquarters building at their current address along the Charles River. After catastrophic events such as Hurricane Andrew, N&D eventually retrenched on its core business and now focuses on general P&C insurance in Massachusetts, New Hampshire, and New Jersey. About 400 independent agencies sell Norfolk & Dedham insurance products. The company employs about 150 people and manages roughly $800 million in assets. [6]
In 2020, the company announced it would be reconstructing its corporate headquarters in Dedham, with demolition of their building in the summer of 2020. The project, which is being constructed on top of the footprint of the old building, is expected to be complete in the summer of 2022. [7] In June of 2022, the construction project was completed.
The companies that make up The Norfolk & Dedham Insurance Group are:
Through The Norfolk & Dedham Foundation (established in 2017), The N&D Group has supported over 50 local organizations, including Crossroads, [8] the Dedham Community House, Boston Food Bank, Pine Street Inn and the Cristo Rey Network. [9]
Throughout each year, the company conducts volunteer days in support of charitable organizations working locally to the areas the company services.
Norfolk County is located in the U.S. state of Massachusetts. At the 2020 census, the population was 725,981. Its county seat is Dedham. It is the fourth most populous county in the United States whose county seat is neither a city nor a borough, and it is the second most populous county that has a county seat at a town. The county was named after the English county of the same name. Two towns, Cohasset and Brookline, are exclaves. Norfolk County is included in the Boston-Cambridge-Newton, MA-NH Metropolitan Statistical Area. Norfolk County is the 24th highest-income county in the United States with a median household income of $107,361. It is the wealthiest county in Massachusetts.
Needham is a town in Norfolk County, Massachusetts, United States. A suburb of Boston, its population was 32,091 in the 2020 U.S. Census. It is the home of Olin College.
Mother Brook is a stream that flows from the Charles River in Dedham, Massachusetts, to the Neponset River in the Hyde Park section of Boston, Massachusetts. Mother Brook was also known variously as East Brook and Mill Creek in earlier times. Digging the brook made Boston and some surrounding communities an island, accessible only by crossing over water, making Mother Brook "Massachusetts' Panama Canal."
The history of Dedham, Massachusetts, from 1800 to 1899 saw growth and change come to the town. In fact, the town changed as much during the first few decades of the 19th century as it did in all of its previous history.
The Norfolk County Courthouse, also known as the William D. Delahunt Courthouse, is a National Historic Landmark at 650 High Street in Dedham, Massachusetts. It currently houses the Norfolk County Superior Court. It is significant as a well-preserved Greek Revival courthouse of the 1820s, and as the site a century later of the famous Sacco-Vanzetti trial. The building was declared a National Historic Landmark in 1972, and is listed on the National Register of Historic Places. It replaced an earlier courthouse, built in 1795.
Augustus Bradford Endicott was a Massachusetts state legislator and sheriff of Norfolk County.
Dedham Savings is one of the oldest American banks still in operation and one of the oldest banks in the state of Massachusetts still doing business under its original charter.
The Norfolk House also known as the Norfolk Hotel, was a tavern in Dedham, Massachusetts originally built in 1801 and located at 19 Court Street. It hosted John Quincy Adams, Andrew Jackson, and the Marquis de Lafayette.
Erastus Worthington represented Dedham, Massachusetts in the Great and General Court.
601-603 High Street is a historic Romanesque Revival building in Dedham Square, Massachusetts. Both the 1996 and 2009 Master Plans of the Town of Dedham have recognized the historic, aesthetic, and economic importance of the building.
Ezra W. Taft was a politician from Dedham, Massachusetts. He represented the Massachusetts House of Representatives' 1st Norfolk district in the Great and General Court.
St. Paul's Church is an Episcopal Church in Dedham, Massachusetts
The Dedham Bank was a bank in Dedham, Massachusetts. It was located on the corner of High and Pearl Streets.
The Phoenix Hotel was one of the most popular social spots in Dedham during the 19th century. It was located on the northwest corner of the High Street-Washington Street intersection in modern-day Dedham Square. Among the distinguished guests of this hotel were Andrew Jackson and James Monroe.
Temperance Hall was an assembly hall in Dedham, Massachusetts associated with the temperance movement. It previously served as the Norfolk County Courthouse.
This is a timeline of the history of the town of Dedham, Massachusetts.
The Dedham Public Library is a public library system in Massachusetts established in 1872. It is part of the Minuteman Library Network.
Frederick S. Newman (1847-1906) was an American architect based in Springfield, Massachusetts.
The Dedham Fire Department is the fire department for Dedham, Massachusetts.
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