AMELIA, Ohio--(EON: Enhanced Online News)--American Modern Insurance Group, a national leader in the specialty insurance business, this year celebrates the 75th anniversary of its founding organization, The Midland group of companies.
“And our current and former employees have always made that vision a reality by delivering value-added products, services and solutions to our clients.”
Midland began operations in 1938 as an automobile finance company. In 1965, it entered the mobile home insurance business with the establishment of American Family Home and American Modern Home, now members of American Modern Insurance Group.
Over time, the company broadened its portfolio to deliver an ever-expanding array of specialty insurance products for homeowners and recreational enthusiasts. The Midland name was retired as a public brand in favor of American Modern in 2010.
Today, American Modern is a leading specialty insurer group with companies licensed in all 50 states and approximately 1.7 million policyholders. In 2012, the company generated revenues of more than $1.1 billion. American Modern is rated A+ (Superior) by A.M. Best, the highest rating available to insurers for financial strength.
One of the largest private sector employers in Clermont County, OH, the company currently employs more than 1,300 people nationwide, about 1,100 of which work at its Amelia, OH, headquarters.
At a recent anniversary celebration at the company’s headquarters, American Modern President and CEO Manny Rios congratulated employees for the company’s longevity and successful growth in the specialty insurance market.
“American Modern has always had a clear vision of what success looks like,” he said. “And our current and former employees have always made that vision a reality by delivering value-added products, services and solutions to our clients.”
American Modern has a history of engagement in the local community through both corporate philanthropy and employee involvement. The Greater Cincinnati United Way named it the Number One Pacesetter company in 2013 for giving almost $78,500 more compared to its 2012 campaign, the largest dollar increase of the Pacesetters.
About American Modern
American Modern Insurance Group is a widely recognized, national leader in the specialty insurance business. Its member companies deliver specialized products and services for residential property, like mobile homes and specialty dwellings, as well as to consumers in the recreational market, including owners of boats, personal watercraft, classic cars, motorcycles and snowmobiles. In addition, the company provides collateral protection and mortgage fire products to protect financial institutions and their customers. The company, home-based in the suburbs of Cincinnati, OH, is rated A+ (Superior) by A.M. Best and has been one of the Ward Financial Group’s Top 50 property & casualty insurers in the United States for 14 consecutive years. For more information, visit www.amig.com.