Page 13 - Frankenmuth Insurance 150 Years Anniversary Booklet

Neighbors joining neighbors: the 1958 merger

They grew up in the same town. Their work brought them to the same counties. It was

probably inevitable that the two companies would come together to form one big happy
family.

It was a match made in heaven: The Frankenmuth
Mutual Fire Insurance Company was the second

largest company of its kind in Michigan, with over
16,000 policyholders and 50 agents. Their next-door

neighbor, the Frankenmuth Mutual Insurance Company,
provided auto and casualty insurance to over 40,000

policyholders and had 110 agents. And Carl Nuechterlein
served on the boards of both companies.

FUN FACT:
Merging the two companies allowed for new efficiencies, The company’s
home office would be expanded
since both businesses had many common policyholders. By working four times, in 1973, 1980, 1994 and
2008, and still serves as the
together, they were able to lower costs and provide better service company’s home office
today.
to all their customers. The merger became effective December 31, 1958.
The new corporation, with combined assets of $6 million, chose the name of the

Frankenmuth Mutual Insurance Company.

Milestones of the 1960s and ’70s

1960: The newly merged company moved into a new headquarters designed specifically
for the operation, with two levels of 12,000 square feet each and architecture incorporating

the diamond shapes in the company logo.

11