Church Mutual Insurance Company
Church Mutual Insurance Company
3000 Schuster Lane
P.O. Box 357
Merrill, Wisconsin 54452
Church Mutual is a religious insurance group founded in 1897 and is categorized under Churches, Temples, and Shrines. It is based in Merrill, Wisconsin in the United States.
Rated A (for Excellent) by A.M. Best Company, Church Mutual was founded by eight laymen from two congregations from Merrill, and two Lutheran pastors. The company’s customers from religious institutions number up to 100,000 plus about 7,500 tenants/homeowners who are mostly clergy.
The company specializes in providing insurance for religious organizations including several worship centers, schools and colleges, camps and conference centers, denomination and association offices, senior living communities, clergy tenants/homeowners, and international travel insurance and assistance.
Church Mutual is not affiliated with any other organization or religious denomination. It is a mutual insurance company, which means that it is co-owned by its customers.
The company’s clients receive great satisfaction because of the personal service from its insurance professionals. It also offers comprehensive and specialized coverage including general liability, property, sexual misconduct/molestation liability, employment practices liability, professional liability, educators legal liability, employee benefits liability, auto, worker’s compensation, and umbrella liability insurance.
The firm’s loss control services will also help you to reduce your chances of getting property damage, employee injuries, and general and professional liability claims. The company also has a fast and fair claim settlement that you can rely on. Their mindset is to give clients the benefit of the doubt during questionable cases; a favor that can benefit the policyholder.
Church Mutual also offers online claims reporting for those who prefer online transactions and low-cost payment plans. The company’s financial strength is apparent through its reputation and ratings. It also offers a no-cost, no-obligation insurance needs analysis and proposal coverage.
The company does not offer health or life insurance but offer most lines of property, liability, and commercial insurance. They also have worker’s compensation, multiple-peril, and commercial auto insurance.
The firm sold its policies by direct mail until the 1954, when the first best field person was hired. No longer are sales made through mail today.
Eighty-eight percent of the company’s premium volume is generated by 182 regional representatives that work around the company. These regional representatives work full time. The rest, 12 percent, is generated by independent agents specializing in church/religions insurance.
The company operates in 50 states and in the District of Columbia. It is the number-one leading insurer of worship groups in U.S.
By the end of 2009, the company’s Policyholders Security fund was at $392.6 million and its annual premium volume, $568 million. This totals to $1.2 billion in assets.
The company has several offices throughout the country. There are 618 employees at its home office in Merrill, and 275 employees in offices around the country. As of February 2010, a total of 893 employees work for Church Mutual.