Frederick Mutual Insurance Company is the third oldest insurance company in Maryland and the ninth oldest in the United States. By staying true to its founding principles while also embracing innovation, the company has been able to thrive while providing significant support to local philanthropic initiatives for nearly two centuries.
The premise of insurance — protecting clients’ assets and paying claims — remains the same as it was when Benjamin Franklin invented the concept in 1752. President and CEO, Nancy Newmister notes it is “how companies do business” that sets them apart.
Frederick Mutual Insurance Company’s commitment to integrity and discernment has helped guide the company’s profitable growth and has allowed the company to consistently give back to the local community.
As technology rapidly reshapes the business landscape, Frederick Mutual Insurance Company leverages innovative strategies to increase operational capacity and predictive accuracy. This includes implementing the latest methods for data collection and analysis as well as implementing software tools to increase efficiency. This works to maintain competitive rates for customers who are all part-owners of the company.
“Today we are innovating with new technology and expanding our insurance products for our independent agencies and our respective policyholders,” said Nancy Newmister, President and CEO. “We are moving to a platform where agents and policyholders have broader access to policy information, paying their bill or checking on their claim.”
Frederick Mutual Insurance Company offers homeowners, small businesses, and artisan contractors, peace of mind through a variety of insurance coverage offerings.
ABOUT FREDERICK MUTUAL INSURANCE COMPANY
Frederick Mutual Insurance Company was founded in 1843 as one of the first insurance companies in the United States. Our longevity is attributed to strong financials, derived from safeguarding the interests of our policyholders, while providing excellent insurance products and services for our independent agents and policyholders located in Maryland, Pennsylvania, Virginia, Delaware, Washington D.C. and North Carolina. You can learn more about us by visiting www.frederickmutual.com.