Amica Mutual Insurance
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Amica Mutual Insurance Company is a
Rhode Island Rhode Island ( ) is a state in the New England region of the Northeastern United States. It borders Connecticut to its west; Massachusetts to its north and east; and the Atlantic Ocean to its south via Rhode Island Sound and Block Is ...
–based
mutual insurance A mutual insurance company is an insurance company owned entirely by its policyholders. It is a form of consumers' co-operative. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders ...
company that offers auto, home and life insurance. 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. Since then, Amica has expanded to offering auto, home and life insurance, as well as owning a number of subsidiary insurance companies. It is the oldest mutual insurer of automobiles in the United States.


History

Originally named the Automobile Mutual Insurance Company of America, Amica was founded in 1907 by A.T. Vigneron in Providence, Rhode Island. Amica was organized as a
mutual insurance A mutual insurance company is an insurance company owned entirely by its policyholders. It is a form of consumers' co-operative. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders ...
company, meaning that company was owned by policyholders rather than stockholders. In 1941, Amica opened its first branch office in
Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...
, Massachusetts, and now has 44 locations nationwide. The company added homeowners’ insurance in 1956, and later added marine and umbrella insurance. In 1994, Amica’s corporate office moved from Providence, Rhode Island, to a larger campus in nearby Lincoln. In 2007, Amica celebrated its 100th year of business. In 2022, Amica replaced Dunkin' Donuts as the sponsor of the Amica Mutual Pavilion in Providence. In 2024, Amica became the official patch sponsor of the
Boston Celtics The Boston Celtics ( ) are an American professional basketball team based in Boston. The Celtics compete in the National Basketball Association (NBA) as a member of the Atlantic Division (NBA), Atlantic Division of the Eastern Conference (NBA), ...
.


Subsidiaries

*Amica Mutual Insurance Company *Amica Life Insurance Company *Amica Property and Casualty Insurance Company *Amica General Agency, LLC


References


External links

* Companies based in Providence County, Rhode Island Lincoln, Rhode Island American companies established in 1907 Financial services companies established in 1907 Mutual insurance companies of the United States 1907 establishments in Rhode Island {{insurance-company-stub