American Family Mutual Insurance Company

The American Family Mutual Insurance Company specializes in personal and commercial property and casualty insurance. It ensures bachelor’s and covers products from auto, homeowners, farm and ranch, and commercial liabilities. The American Family Mutual Insurance Company subsidiary also offers life insurance and annuities including health plans. The American Family Mutual Insurance Company is the largest US property and casualty mutual insurance company. It operates in more than 40 states in US. American Family Mutual and its subsidiaries and Permanent General subsidiaries. The American Family Mutual Insurance Company also provides commercial insurance plans that include business auto, business key, contractors package program, business general risk, business property, business obligation umbrella, wrongdoing, and devotion.

American Mutual Insurance company operations

This company writes property and casualty for personal and commercial applications account for about 85% of American Family’s annual revenues. The company’s healthy insurance products include:

• Health savings account
• Medicare supplement
• Short-term medical care plans.

All these are marketed through affiliation with Assurant Health.In general whole life policies together with fixed annuities are are written directly through the American family life insurance company.It has around $89 billion of insurance policies in effect.

Its coverage

Apart from its headquarters location, American Family has territorial offices in Englewood, Colorado; Madison, Wisconsin and Phoenix in Arizona. Each American Family company operates in 46 states.

The organization offers multi-line items in the midwestern and western US nations of Arizona, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, Nevada, North Dakota, Ohio, Oregon, South Dakota, Utah, Washington, and Wisconsin.

Company sales and marketing

The American Family Mutual Insurance Company offers its protection items through a system of approximately 3,500 autonomous specialists. The organization endeavors to keep up solid associations with its dealers to better serve its policyholders. Through its solid relationship and great services, The American Family Mutual Insurance Company has been considered the best in ensuring Families.

Money related Execution

The American Family Mutual Insurance Company has no arrangements to change and has consistently developed its value and resources. On the other hand, the organization experienced prior misfortunes because of a tempest scope. In 2013, the organization reported a 9% development to $6.8 billion because of higher net premiums from property/loss approaches, and additionally rising net venture salary and different incomes. This makes its different from other related companies. The American Family Mutual Insurance Company increased its growth by 22% on lower property and casualty in 2012. In 2013 its net income increased higher by 5% in revenues lowering property and casualty expenses and losses.

Company’s plan of Action

Due to high catastrophe claims this company decided to consolidate its offices from 20 locations to six primary offices in key markets. As results enhanced, American Family started to investigate development opportunities in the second 50% of 2012 and in 2013. Other rebuilding measures incorporated a change in how The American Family Mutual Insurance Company reinsures its arrangements to shield the organization from calamity related misfortunes. The American Family Mutual Insurance Company formed a partnership with Assured Start in 2013, a company that sells business insurances online to improve its marketing. The same year the company also renewed and expanded its partnership with Green Bay Packers.