Mutual Insurance Company | |
Industry | Insurance |
Founded | 1918, Buffalo, NY |
Headquarters | 250 Main Street Buffalo, NY 14202 |
Number of locations
|
675 agents 3 regional offices |
Area served
|
Northeast and N. Central U.S. |
Key people
|
Robert M. Zak, President & CEO |
Products | Personal and Commercial Insurance |
Number of employees
|
323 |
Website | merchantsgroup.com |
Merchants Insurance Group is a regional property and casualty insurance company headquartered in Buffalo, New York. The company provides commercial and personal property and casualty insurance throughout the Northeast and North Central United States. The company has regional offices in Hauppauge, New York; Manchester, New Hampshire; Moorestown, New Jersey.
Merchants Insurance Group comprises three companies: Merchants Mutual Insurance Company, Merchants Preferred Insurance Company, and Merchants National Insurance Company. Merchants Preferred commenced business in 2007 to rebuild and expand its preferred-risk business after the sale of a like subsidiary, and Merchants National commenced business in 2009. Each of the Merchants companies are rated “A-” (Excellent) by the A.M. Best Company.
Merchants employs over 300 insurance professionals throughout its operating territories, and works with more than 1,000 independent insurance agents. The company offers insurance in Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont.
Merchants Insurance Group was founded on March 5, 1918, the day Merchants Mutual Liability Company opened for business with Urban F. Jehle as President. Mr. Jehle, owner and operator of a grocery store in Buffalo, returned from a grocers’ convention with the idea of bringing merchants together for the mutual protection of their delivery vehicles. J.R. Young, a local insurance man, Owen B. Augspurger, a Buffalo lawyer, and C.W. Brown, a civil engineer, joined with him.