Company type | Mutual |
---|---|
Industry | Insurance |
Founded | June 7, 1913 (As New Jersey Manufacturers Casualty Insurance Company) |
Headquarters | West Trenton, New Jersey, United States |
Key people | Mitchell A. Livingston President & Chief Executive Officer Carol L. Voorhees Senior Vice President & Chief Information Officer ContentsSenior Vice President & Chief Financial Officer |
$145,724,508 [1] (2019) | |
Total assets | $7,895,572,164 [1] (2019) |
Number of employees | ~2,500 |
Website | www |
NJM Insurance Group is an American mutual insurance group of companies, offering personal auto, commercial auto, workers' compensation, homeowners, condo, renters, and umbrella insurance. It is headquartered in the West Trenton section of Ewing Township, Mercer County, New Jersey, and serves markets in Connecticut, Delaware, Maryland, New Jersey, New York, Ohio, and Pennsylvania. [2] [3]
NJM Insurance Group, originally known as New Jersey Manufacturers Casualty Insurance Company, formed as a workers’ compensation insurance company on June 7, 1913, shortly after New Jersey passed the Workmen's Compensation Act. [4] The company's original goal was to provide cost-effective, safety-conscious, and financially secure insurance to New Jersey business owners. By 1922, the company was the largest provider of workers’ compensation insurance in New Jersey. [5]
In 1921, NJM began providing insurance for property loss, commercial auto accidents, private automobiles, and homes. [6]
On January 1, 1965, the New Jersey Manufacturers Indemnity Insurance Company (founded as the New Jersey Manufacturers Fire Insurance Company on December 6, 1921) merged into the New Jersey Manufacturers Casualty Insurance Company to form the current legal entity. The merger had been announced on April 24 of the prior year, with approval being granted by the Commissioner of Insurance on October 28. [1]
NJM's main office has been in West Trenton, New Jersey since 1966. Personal Lines and Commercial Lines Underwriting, General Claims and Medical Services Administration are headquartered there, as are most support services for Company operations. NJM has had additional offices in northern New Jersey since the 1950s, but the company's main North Jersey branch has been consolidated in Parsippany since 1996. The southern New Jersey branch opened in Hammonton in 2000. [7]
In 2015, American soccer player and long-time NJM policyholder Carli Lloyd was announced as the company's spokesperson. [8] This ended after Lloyd's retirement in 2021. [9]
In 2018, NJM expanded its services to Pennsylvania residents. [10]
NJM provides auto, homeowners, renters, condo, and umbrella insurance to residents of New Jersey, Pennsylvania, Connecticut, Ohio and Maryland. [11] NJM partners with American Modern Insurance Group to offer coverage for motorcycles, ATVs, boats, and collector cars. [2] [12]
The company originally formed to provide workers' compensation insurance to businesses in New Jersey. As of 2024, it writes workers’ compensation coverage in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania. The company has also provided New Jersey businesses with commercial auto insurance and commercial general liability insurance (CGL). [6]
NJM runs several Teen Driver Safety Programs, which bring safety programming and education to New Jersey schools. [13] In 2013, NJM commemorated its centennial with a “DNT TXT N DRV” (Don't Text and Drive) campaign. [14] The company donated $50,000 to charity at the conclusion of the campaign, [15] which marked the start of NJM's Teen Driver Safety Programs.
Since 2013, NJM has donated more than 60 driving simulators to New Jersey and Pennsylvania high schools to support safe driving. [16]
NJM partners with the Trenton Thunder, the Double-A affiliate of the New York Yankees, for “Safe at Home.” Since 2012, this partnership has resulted in donations of more than $88,700 to Trenton-area organizations. [17] [18]
Since 2018, NJM has partnered with the Philadelphia 76ers to promote teen driving safety in Pennsylvania. In 2018 and 2019, the Sixers and NJM hosted a National Teen Driver Safety Week kick-off event at the Wells Fargo Center in Philadelphia. [19] [20]
In 2019, NJM became the Official Automotive Insurance Partner of the Philadelphia Union. [21]
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