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MONTPELIER – Union Mutual Hearth Insurance coverage Firm introduced on Monday that it’s celebrating its a hundred and fiftieth anniversary in 2024. The Firm, based in 1874 by act of the Vermont Legislature, is now a regional property and casualty insurance coverage service serving greater than 100,000 people and small companies all through New England and components of New York.
“We’re proud to be celebrating our a hundred and fiftieth anniversary,” mentioned Lisa Keysar, President & CEO of the Firm. “All through shifts within the trade, main advances in expertise, challenges offered by world pandemics and climate-related occasions, the Firm has been in a position to evolve and develop at a sustainable and regular tempo. We owe our success to the exhausting work and dedication of our staff, the sturdy partnerships we have now with our company companions, in addition to the loyalty of our policyholders.”
As a mutual firm, Union Mutual doesn’t reply to company stockholders and as a substitute exists to offer worth to its policyholders. The Firm doesn’t interact in direct-to-consumer gross sales, however relatively companions with greater than 250 unbiased insurance coverage brokers situated all through New England. These brokers have an understanding of their very own native communities and are in a position to precisely perceive their purchasers’ wants for protection.
Union Mutual was based on the promise of ‘neighbors serving to neighbors,’ and the Firm acknowledges the significance of extending that worth as a accountable company citizen. In the beginning of the COVID-19 pandemic, the Firm offered essential funding for small native companies impacted by “stay-at-home” mandates. After final summer time’s flooding occasions in Vermont, the Firm performed an important half in native flood restoration efforts. At present, a crew made up of staff and brokers are working to lift $150,000 to learn Particular Olympics Vermont by taking part within the Lake Champlain Penguin Plunge occasion in February. All through the 2024 yr, staff of the Firm will interact in division service days with native and regional nonprofit organizations.
Union Mutual staff admire the company dedication to group in addition to the company-wide emphasis on bodily and psychological wellbeing. Efforts to offer a wonderful work setting for workers have been acknowledged with the designation Greatest Place to Work in Vermont for ten consecutive years and the Governor’s Gold Degree Worksite Wellness Award for 4 consecutive years.
The Firm will probably be utilizing a particular anniversary emblem in 2024. The picture of an vintage torchbearer’s lamp, used to gentle the best way of volunteer hearth brigades, turned the Firm’s emblem in 1967. This emblem has since turn into synonymous with service and reliability. In 2016, the emblem was modernized with a lantern design as a logo of the Firm’s dedication to long-standing traditions whereas maintaining with the newest in trade expertise.
In its sesquicentennial yr, the Firm will proceed to deal with subtle analytics capabilities, supporting unbiased brokers in writing new enterprise, and offering wonderful customer support within the underwriting, billing, and claims processes.
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