KIA&B 2019 March/April 2019 | Page 28

| COMPANY PROFILE | State Auto Insurance Companies Brief History: In 1921, Robert Pein set out to create a new kind of insurance company. He was frustrated by insurance rates that were too high and claim settlements that weren’t handled fairly. State Automobile Mutual Insurance Company, he said, would be different. He pledged reasonable rates with prompt and fair claim service that remain our hallmark to this day. Today, we have assets approaching $4 billion and write nearly $2 billion in premium in 50 states and the District of Columbia. And we continue to rely on independent agents and wholesale brokers to market our products. Headquarters: Columbus, Ohio States available: AL, AR, AZ, CO, CT, DC, DE, GA, IA, IL, IN, KS, KY, MA, MD, MI, MN, MO, MS, NC, ND, OH, OK, PA, SC, SD, TN, TX, UT, VA, WI, WV Lines of business: Auto, Home, Farm and Ranch, Small Commercial, Mid-Market Commercial, Workers Comp, Specialty Phone: Corporate philosophy: 833-SAHelps (833.724.3577) Today’s State Auto is a 21st century technology and transformation Insurance Company. We are risk takers. Creators. Innovators. We listen to our customers and to each other. We love new ideas and we’re passionate about serving our customers and communities. You can count on State Auto to deliver. www.stateauto.com Key contacts: Target area of focus/growth: Joe Aubin We are looking to grow in the entire state of Kansas in personal lines (monoline or packaged auto & home, and umbrella), farm and ranch, and commercial lines (small and mid-market). [email protected] 317.501.9317 Desired agency characteristics: We have successful partnerships with a diverse group of agencies. We encourage you to reach out to our sales team to talk about a potential fit with State Auto. Appointment requirements: Our goal is to help our agency partners grow profitably and reach our contingency levels as quickly as possible for personal lines, farm and ranch, and commercial lines. Message to members: State Auto wants independent agencies to win and win big. Our approach has been to transform and be the carrier that agents need to deliver on a modernized insurance experience. We’ve made some big choices in the past few years to position State Auto and the independent agencies that partner with us for long-term success: • Cutting-edge quote and issue system that allows you to get a home or auto quote in minutes with State Auto. • Totally electronic document and billing process. • More efficient operations that allow us to price a lower expense ratio into our rates and improve our competitiveness. • New pricing models that allow us to be more competitive on a broader range of risks. • Aggressive movement into the telematics and Smart Home worlds. These capabilities will become dominant themes in insurance over the next decade. 26 Key differentiators: • • • Solely committed to the independent agency channel All-digital technology platform and products New pricing models to write more business across the spectrum Agent testimonial: “I quote with approximately 10 different companies on a daily basis and State Auto’s new system is by far the easiest system to get through. On my very first quotes, I didn’t have to call for any assistance whatsoever, which is amazing. I was able to get an Auto and Home quote together in a total of 15 minutes. If all carrier systems were like this, it would make things more efficient and faster for an insurance broker.” -Krista, Leinweber Insurance Agency, Colorado Fir Ag Ph PA q q Ca Sig KANSAS INSURANCE AGENT & BROKER | March - April 2019 | KIA&B_MarApr2019_Draft.indd 26 Ge 4/19/2019 10:11:48 AM