CopperPoint Mutual Insurance Company Announces Acquisition of Pacific Compensation Insurance Company
The acquisition of PacificComp represents a significant milestone in CopperPoint’s geographic expansion and diversification initiatives. PacificComp brings a proven track record, strong underwriting discipline and focused approach to serving businesses in the
“We are creating a family of insurance companies built on strong business relationships and best-in-class service,” said
"In joining CopperPoint, we have found an ideal strategic and cultural fit for our employees, broker partners and policyholders that will allow us to continue our service to the market without interruption and provide us with the ability to expand the products and services we offer,” said
Schmittlein added, “A key tenet of our value proposition comes from our proximity to customers, their business, their markets and their communities. Acquiring PacificComp builds on that core strength and is a natural fit for our policyholders growing West, particularly into California.”
Beyond this synergy, CopperPoint’s launch of commercial lines to its workers’ compensation customers in
CopperPoint was privatized and converted to a mutual insurance company in 2013 with a vision of geographic expansion and product diversification. In 2016,
About CopperPoint Insurance Companies
Since 1925, CopperPoint has been a leading advocate of workplace safety and provider of comprehensive insurance coverage. We pride ourselves on getting closer to the needs of each individual business owner and agency partner in order to deliver best-in-class coverage that fits their needs. Today we provide workers’ compensation insurance to more than 12,000 businesses, as well as offer other business insurance products, including property and casualty coverage. Headquartered in
For more information, visit www.copperpoint.com.
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