Amica
Offers automobile and life insurance.
Headquarters:
100 Amica Way
Lincoln, RI 02865-1167
Employees: 3,100
CEO: Robert DiMuccio
Mutually held company
Website:
http://www.amica.com
Career
Site
Amica Mutual Insurance Company, the nation's oldest mutual insurer of automobiles, was founded in 1907. The company, with corporate headquarters in Lincoln, Rhode Island, is a national writer of automobile, homeowners, marine, and personal umbrella liability insurance. Life coverage is available through Amica Life Insurance Company, a wholly owned subsidiary.
Amica employs more than 3,100 people in 39 offices across the country.
In 2007, Amica reported net premiums of $1.3 billion and net income of $257.6 million. Total assets were $4.1 billion and 1.1 million policies were in force.
Subsidiaries include:
Amica Mutual Insurance Company
Established in 1907, Amica Mutual Insurance Company is the oldest mutual insurer of automobiles in the United States. Amica Mutual offers Auto, Homeowners, Marine, and Excess Liability insurance and does business in all states, except Hawaii.
Amica Life Insurance Company
Established in 1968, Amica Life Insurance Company directly offers Life insurance and Annuity products; and also makes available (through Amica General Agency and on a direct-referral basis) some Health and Specialty products. It does business in all states except Hawaii.
Amica Lloyd's of Texas
Established in 1997, Amica Lloyd's of Texas is a wholly owned subsidiary of Amica Mutual Insurance Company that provides property insurance in Texas. Earlier, Texas property insurance was provided by Amica Mutual Insurance Company.
Amica Property and Casualty Insurance Company, Inc.
Established in 2005, Amica Property and Casualty Insurance Company, Inc. is a wholly owned subsidiary of Amica Mutual Insurance Company providing Auto insurance in the state of New Jersey. Prior to 2005, New Jersey Auto insurance was provided by Amica Mutual Insurance Company.
History
In 1907, a Rhode Island businessman named A.T. Vigneron anticipated that horseless carriages were going to revolutionize American society. He founded a small auto insurance company in Providence with two founding principles: The firm would seek out responsible policyholders, and it would treat them with respect by providing the best customer service possible. With that, the Automobile Mutual Insurance Company of America – or Amica – was born.
Like the automotive industry, the company grew steadily and so did the need for broader insurance coverage for its policyholders. A sister company, Factory Mutual Liability Insurance Company of America, was organized and began operating in 1921. The two companies would continue to work side by side for more than 50 years, until they merged in 1973.
In 1968, Amica Life Insurance Company was founded and became a wholly owned Amica Mutual subsidiary. Incorporated to provide policyholders with a trusted source for their life insurance needs, Amica Life continues to thrive in the competitive life insurance field and offers a full range of services.
During the last 30 years, several additional companies were created to address the insurance needs of its growing customer base. Amica Lloyd's of Texas; Amica Property and Casualty Company, Inc.; The Amica General Agency, Inc.; and The Amica General Insurance Agency of California.
Benefits
- Medical Insurance
- Dental Insurance
- Domestic Partner Coverage
- Life Insurance, AD&D Insurance (Company Paid & Voluntary)
- Short Term and Long Term Disability
- Flexible Spending Accounts (Medical & Dependant Care)
- 401(k) with Employer Match
- Paid Vacation / Time Off
- Tuition Reimbursement Program
- Fitness Center Discounts
- Adoption Assistance Program
- Employee Stock Purchase Plan
- Employee Assistance Program
- Monthly BONUS Opportunity for Restaurant Managers
- Annual BONUS Opportunity for Support Center Associates
Updated December 1, 2008
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