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Brotherhood Mutual Insurance Company

From Alfawiki
Brotherhood Mutual Insurance Company
Company typeMutual insurance company
IndustryInsurance
Founded1917
Headquarters
Fort Wayne
,
United States
Area served
United States
ProductsProperty insurance, liability insurance, commercial automobile insurance, workers' compensation insurance, travel insurance, payroll and travel support services
Number of employees
500 (2019)

Brotherhood Mutual Insurance Company is a U.S.-based mutual insurance provider focusing on coverage for churches and affiliated organizations such as Christian educational institutions, camps, and colleges. It stands as the second largest insurer of property and casualty policies for Christian ministries within the United States. The company’s main office is located in Fort Wayne, Indiana, and it was established in 1917 by evangelical Mennonite founders.

With a client base exceeding 60,000 nationwide, Brotherhood Mutual delivers a range of insurance products including property, liability, commercial automobile, workers' compensation, and travel insurance. The firm also provides specialized payroll and travel support services designed specifically for churches, Christian schools, camps, colleges, nonprofit organizations, and mission groups. In 2018, the company reported earned premiums totaling $393.8 million and had a workforce of about 500 employees as of 2019. Brotherhood Mutual holds a B++ (Good) rating from A.M. Best alongside an A− (Sound Financial Condition) rating issued by Kroll Bond Rating Agency (KBRA).

Controversy

In 2007, Brotherhood Mutual refused to provide insurance coverage to West Adrian United Church of Christ in Michigan, citing elevated risk concerns related to the church’s public support of gay marriage.