Amica was founded as the Automobile Mutual Insurance Company of America by A.T. Vigneron in 1907 and originally offered auto, fire and theft insurance.

Amica is owned by Amica policyholders, since it is a mutual insurance company and its shares are not available to investors on the public market. Among the 10 largest car insurance companies in the U.S., four are mutual insurance companies.

Empathy is our best policy Empathy is our best policy.

Amica offers life insurance options that are customizable, and we can help you find a policy that's suitable for your circumstances. Term Life is popular due to its practicality – especially for those starting a new family.

Amica Insurance's revenue is $5.4 billion. Amica Insurance peak revenue was $5.4B in 2022. Amica Insurance has 3,781 employees, and the revenue per employee ratio is $1,428,193.

Amica is a global manufacturer of household appliances headquartered in Wronki, in western-central Poland. The company produces refrigerators, washing machines and dishwashers, vacuum cleaners, microwave ovens, electric stoves, kettles for the kitchen under the brands Hansa, CDA, Gram.

Key Takeaways. An insurance company owned by its policyholders is a mutual insurance company. A mutual insurance company provides insurance coverage to its members and policyholders at or near cost. Any profits from premiums and investments are distributed to its members via dividends or a reduction in premiums.

A mutual insurance company is an insurer that provides collective self-insurance to its Members. It has no shareholders and is owned and controlled by its Members.

Amica's Mission Statement "Our mission is to create peace of mind and build enduring relationships."

Because of Amica's high J.D. Power auto claims satisfaction score and low average amount of customer complaints with the National Association of Insurance Commissioners, Amica could be a great choice for drivers looking for top-notch customer service.

Life insurance is a contract between a life insurance company and a policy owner. A life insurance policy guarantees the insurer pays a sum of money to one or more named beneficiaries when the insured person dies in exchange for premiums paid by the policyholder during their lifetime.

Ranking of the 20 largest insurance companies according to Forbes

Northwestern Mutual Northwestern Mutual is the largest life insurance company, according to 2022 NAIC data, holding a little over 7 percent of market share.

Origin:Latin. Meaning:loved friend. Amica is a delightful girl's name of Latin origin. Meaning “loved friend,” your little one can take great inspiration from this definition. Baby Amica will always remember to be a true friend to others, as well as themselves.

The three main advantages of mutual insurers - customer focus, stable ownership, and the opportunity to receive dividends uninfluenced by Wall Street factors - doesn't necessarily mean they are the right choice for everyone interested in purchasing life insurance.

Well-known mutual insurance companies include Guardian Life, MassMutual, Northwestern Mutual, and Mutual of Omaha.