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August 20, 2024 Property and Casualty News
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Amica Mutual Insurance Company Joins Triple-I as Its Latest Member

Business Wire

NEW YORK--(BUSINESS WIRE)--
Amica Mutual Insurance Company has joined the Insurance Information Institute (Triple-I) as its most recent member. Headquartered in Lincoln, Rhode Island, Amica is a nationally recognized company that offers auto, home and life insurance, and it earned the top spot in the J.D. Power 2024 U.S. Property Claims Satisfaction Study earlier this year.

“As natural catastrophic events like convective storms and wildfires become increasingly frequent and severe, insurers need to find better ways to predict and prevent the growing threat of climate risk accurately,” said Sean Kevelighan, CEO, Triple-I. “Amica is finding meaningful ways to mitigate against these risks, and the Triple-I is honored to have the support of such an important organization. As a Triple-I member, Amica can draw on a distinguished team of economists, actuaries, researchers and communications experts for impartial, fact-based information, analysis and guidance.”

Triple-I members receive members-only, industry economic and underwriting forecast reports on a quarterly basis and may reproduce Triple-I members-only editorial content for redistribution to management, employees, agents, and policyholders. They also are given a discounted registration fee for the annual Joint Industry Forum, which is scheduled for Nov. 19-20, 2024 in Miami, Florida.

“Insurers have a responsibility to enhance their predictive capabilities and proactively partner with their customers to manage risk,” said Ted Murphy, Amica's chief operations officer. “Aligning with Triple-I is an ideal way for our teams to keep up with industry trends and to leverage quality resources to educate consumers about how to mitigate risk and prevent damage.”

RELATED LINKS

Article: Triple-I Carrier Membership Benefits

About Insurance Information Institute (Triple-I)

With more than 50 insurance company members — including regional, super-regional, national and global carriers — the Insurance Information Institute (Triple-I) is the #1 online source for insurance information in the U.S. The organization’s website, blog and social media channels offer a wealth of data-driven research studies, white papers, videos, articles, infographics and other resources solely dedicated to explaining insurance and enhancing knowledge.

Unlike other sources, Triple-I’s sole focus is creating and disseminating information to empower consumers. It neither lobbies nor sells insurance. Triple-I offers objective, fact-based information about insurance – information that is rooted in economic and actuarial soundness. Triple-I is affiliated with The Institutes Risk and Insurance Knowledge Group.

About Amica Mutual Insurance

Amica is the longest-standing mutual insurer of automobiles in the U.S. A direct writer, Amica also offers home, life, marine and umbrella insurance, as well as annuities.

Founded on principles of outstanding service, Amica creates peace of mind and builds enduring relationships with its customers. That mission is shared and supported by thousands of employees across the country. Visit Amica.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240820619031/en/

New York Press Office: Loretta Worters, 917-208-8842, lorettaw@iii.org

Source: Insurance Information Institute

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