Page 5 - Frankenmuth Insurance 2023 Annual Report
P. 5

We strive to bring

        you peace of mind

        About us

        Frankenmuth Insurance’s core purpose is to provide
        peace of mind. Headquartered in historic Frankenmuth,
        Michigan, the company has been protecting individuals,
        families, and businesses for more than 155 years.

        We truly care about the people we serve and strive to
        be your insurer of choice by delivering unparalleled
        protection and service. As a super-regional carrier, we
        partner exclusively with more than 800 independent
        agencies in 15 states to customize business, home,
        auto, and life insurance policies and surety bonds.

        We are proud to be one of the industry’s most financially
        sound, stable, and secure carriers, with more than
        $2 billion in assets. We have earned an AM Best A
        (Excellent) financial strength rating or higher every year
        for more than 45 years.

         155                    850                       15                800   340K

        Years in Business         Employees           States of Operation   Independent Agencies      In-Force Policies

       Frankenmuth Insurance  Where we do business                          New structure, same
       1 Mutual Avenue                                                      operating principles
       Frankenmuth, MI 48787
                                                                            Frankenmuth Insurance converted to a mutual
       Frankenmuth Surety                                                   holding company structure, effective
       A division of                                                        January 1, 2023. This included the formation of a
       Frankenmuth Insurance                                                new mutual holding company called Frankenmuth                                                Mutual Holding Company, which continues
       701 US Route One, Suite 1
       Yarmouth, ME 04096                                                   to be owned by its members (policyholders).
                                                                            Additionally, the property and casualty insurance
       Patriot Insurance                                                    company, Frankenmuth Mutual Insurance
       Company                                                              Company, converted to a wholly owned stock
       A member of                                                          subsidiary of Frankenmuth Holdings, Inc. and
       Frankenmuth Insurance                                               changed its name to Frankenmuth Insurance
       701 US Route One, Suite 1                                            Company (Frankenmuth Insurance).
       Yarmouth, ME 04096
                                                                            Frankly, while things may have changed on paper,
       Patriot Life Insurance                                               we continue to operate and uphold the principles
       Company                                                              and culture of a mutual company, owned by its
       A subsidiary of
       Frankenmuth Insurance                                                policyholders, and we make decisions in the best and                                                        interest of those we have the privilege to protect.                                               You can expect the same exceptional “neighbor
       1 Mutual Avenue                                                      helping neighbor” feeling of our service now and
       Frankenmuth, MI 48787
                                                                            for years to come.
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