First Chicago Insurance Company
Insurance, 6640 S Cicero Ave Fl 4, Bedford Park, Illinois, 60638, United States, 51-200 Employees
Phone Number: +18*********
Who is FIRST CHICAGO INSURANCE COMPANY
The company was founded on December 14, 1920 as the Chicago Ice Producers Mutual Liability Company. Originally organized as a mutual insurance company, its initial purpose was to insure t...
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- Headquarters: 6640 S Cicero Ave Fl 4, Bedford Park, Illinois, 60638, United States
- Date Founded: 1920
- Employees: 51-200
- Revenue: $10 Million to $25 Million
- Active Tech Stack: See technologies
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Frequently Asked Questions Regarding First Chicago Insurance Company
Answer: First Chicago Insurance Company's headquarters are located at 6640 S Cicero Ave Fl 4, Bedford Park, Illinois, 60638, United States
Answer: First Chicago Insurance Company's phone number is +18*********
Answer: First Chicago Insurance Company's official website is https://firstchicagoinsurance.com
Answer: First Chicago Insurance Company's revenue is $10 Million to $25 Million
Answer: First Chicago Insurance Company's SIC: 6411
Answer: First Chicago Insurance Company's NAICS: 524210
Answer: First Chicago Insurance Company has 51-200 employees
Answer: First Chicago Insurance Company is in Insurance
Answer: First Chicago Insurance Company contact info: Phone number: +18********* Website: https://firstchicagoinsurance.com
Answer: The company was founded on December 14, 1920 as the Chicago Ice Producers Mutual Liability Company. Originally organized as a mutual insurance company, its initial purpose was to insure the members of the Chicago District Ice Association for general liability, Workers Compensation, public liability for horses and wagons, and commercial vehicle insurance. Association members donated the $26,225 that was needed at that time to start insurance operations. The company was granted licenses to operate in the States of Illinois, Indiana and Wisconsin, which continue to be held today. In the 1930s, the company expanded into insuring the private passenger vehicles of the owners and employees of the ice companies. This business was later enlarged to include individuals referred by policyholders of the company. The companys name was changed to Chicago Mutual Liability Company in 1961. During the 1970s and 1980s, the company evolved from its original focus as a commercial lines insurer to become an automobile insurer. At the end of 1994, the Board of Directors decided to exit the Workers Compensation and general liability lines and concentrate on the personal and commercial auto lines of business. In 1991 the Board of Directors decided to change the companys distribution system from direct writing to partnering with independent producers. The company had maximized its growth as a direct writer and needed to adopt a different strategy. The companys name was changed again in 1996 to Chicago Mutual Insurance Company. In 2006, the company was converted from a mutual form of governance to a stock company. It was renamed First Chicago Insurance Company, and became a subsidiary of J & P Holdings, Inc. Innovation is the companys focus as the 100th anniversary of its founding approaches. Management continues to search for opportunities that will serve our current policyholders and contribute to the company's growth and profitability.
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