Auto-Owners Insurance

Type: Private
On the web: http://www.auto-owners.com
Employees: 3,400
Employee growth: 0.0%

There's more to Auto-Owners Insurance Group than the name implies. In addition to auto coverage, the company provides a range of personal property/casualty and life insurance products including disability and annuities. The company operates through its aptly named subsidiaries (including Auto-Owners Life Insurance, Home-Owners Insurance Company, and Property-Owners Insurance Company). Its Southern-Owners Insurance subsidiary offers property/casualty insurance in Florida. Auto-Owners Insurance Group also sells commercial auto, liability, and workers' compensation policies. Established in 1916, the company operates in 25 states nationwide and is represented by some 6,000 independent agents.

Key numbers for fiscal year ending December, 2008:
Sales: $4,950.5M
One year growth: 3.1%
Net income: $205.5M
Income growth: (56.0%)

Officers:
Chairman and CEO: Ron H. Simon
President: Workers' Compensation

Competitors:
AIG
MetLife
State Farm

Auto-Owners Insurance is a Fortune 500 and has been every year since 2002. The was company founded in 1916 by Vernon Moulton in Mount Pleasant, Michigan. Today, it is headquartered in Delta Township, Michigan and has over 65 full service and claims branches nationwide. Although the name suggests only auto insurance is provided, it actually provides many lines of insurance including property, liability, auto, garage, workers compensation, and life.

Subsidiary Companies include: Auto-Owners Life Insurance Company, Home-Owners Insurance Company, Owners Insurance Company, Property-Owners Insurance Company, and Southern-Owners Insurance Company.

External links

• Auto-Owners' official website

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