Rethinking the Path to Root Cause: How Mutual Capital Analytics Revealed the Route to Predicting Loss Performance Client’s Situation Many carriers are currently challenged by significant increases in the frequency and severity of fire losses in...
“How well insurers resolve the “synthesis challenge” – interjecting technology, talent and business models into change-resistant legacy environments – may be the biggest success factor for the industry in the next decade.”
Deloitte 2020 Insurance Outlook
The Pennsylvania Association of Mutual Insurance Companies (PAMIC) is a trade association that has proudly represented the Mutual Insurance Industry since 1907.
Our membership comprises some of the most historic companies in the industry, along with new companies who are thriving under the same model.
For more than 120 years NAMIC has been serving in the best interests of mutual insurance companies – large and small – across the United States as well as in Canada. NAMIC membership includes more than 1,400 member companies. The association supports regional and local mutual insurance companies on main streets across America along with many of the country’s largest national insurers. NAMIC member companies write $268 billion in annual premiums and together account for 59 percent of homeowners, 46 percent of automobile, and 29 percent of the business insurance markets.
The Wisconsin Association of Mutual Insurance Companies (WAMIC) is a trade association representing 60 mutual insurers who are based and write in Wisconsin. Most WAMIC member mutual insurance companies were founded in the late 19th century. At that time, large insurance companies would not offer insurance in rural areas, and much of Wisconsin was very rural then. Citizens of smaller communities throughout the state organized their own insurance companies for their mutual protection.
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