Search
 

New Jersey Manufacturers Insurance Celebrates 100 Years

New Jersey Manufacturers Insurance recently celebrated its 100th anniversary. Click to get a peek at how the company, and the insurance industry, has changed over the last 100 years.

By Staff Writer | Updated on June 12, 2013

There are not many companies that can boast reaching their centenary. Recently, New Jersey’s largest insurer, in terms of market share according to SNL, New Jersey Manufactures Insurance Company reached that milestone. NJM says today it is the largest writer of both auto insurance and workers’ compensation in the state and, as a mutual insurer, it has never wavered in its mission—to serve the needs of policyholders. “That single-minded focus reflects the culture of our organization and remains as strong today as ever before,” said President and CEO Bernie Flynn.

The company says faces have changed, buildings have modernized, and computers have replaced typewriters and ledgers, but NJM’s focus is still workers’ compensation, auto and homeowners insurance in New Jersey, with an emphasis on safety, sound underwriting and cost controls. The benefit is a total of $5.4 billion in dividends to policyholders over 100 years.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.