Armed Forces Insurance
|Founded||Leavenworth, Kansas (February 7, 1887 )|
|Founder(s)||Thirty-eight Army Officers|
|Headquarters||Leavenworth, Kansas, U.S.|
|Area served||Kansas City metropolitan area|
|Key people||Kurt H. Seelbach
(President & CEO)
|Website||Armed Forces Insurance|
Armed Forces Insurance (AFI) is a mutual insurer that provides property and casualty insurance to military professionals throughout the United States and overseas. AFI is headquartered in Leavenworth, Kansas, approximately 20 miles northwest of Kansas City, Missouri.
About Armed Forces Insurance
AFI's insurance coverages include homeowner, auto, renter, condominium, valuable item, liability, umbrella, motorcycle, boat, personal water craft, and flood. All AFI members also receive free identity theft resolution and identity document recovery services in the event of a disaster (www.afi.org/member/idtheft). In addition, AFI members have access to life insurance, investments, and banking products specifically designed to meet the military's needs through partner alliances.
AFI is a "reciprocal exchange", a type of cooperative insurer in which the policyholders bear a relationship to each other. In effect, AFI is owned by the policyholders we serve.
Our Subscribers' Advisory Committee (SAC), composed of active duty, reserve and retired military members, represents the insurance needs of members. The members of the SAC are also members of the Board of Directors, which oversees AFI business operations.
Armed Forces Insurance began on a frontier army post in 1887, when the Army Cooperative Fire Association was founded at Fort Leavenworth, Kansas. Thirty-eight officers of the garrison gathered to form this organization to provide low-cost fire insurance protection for their personal property tailored to the particular needs of regular army officers. They pledged their support to the Association (which later became Armed Forces Co-operative Insuring Association, and now Armed Forces Insurance Exchange).
Through the years, the organization evolved to include other types of insurance products for military members. Currently, both personal property and dwellings are protected against loss due to a number of perils. Personal liability insurance also is available, and personal automobile coverage is offered in a limited area.
In 1982, an affiliate organization, Armed Forces Insurance Exchange, was formed to operate as a licensed entity as states increasingly required insuring organizations to be licensed. On July 1, 1992, remaining Association assets and liabilities were transferred to the Exchange, and the merger between Armed Forces Insurance Cooperative and Armed Forces Insurance Exchange was complete. The formation of the Armed Forces Insurance Agency in 1999 allowed the company to partner with other insurers to offer a broader range of products and services to policyholders.
Those eligible for membership with Armed Forces Insurance include all active duty, retired and former uniformed services (the armed services, the Public Health Service and the National Oceanic and Atmospheric Administration) members; current or retired Department of Defense civilian employees; as well as spouses, widows and children of current or former AFI members.
AFI is a member of The National Association of Mutual Insurance Companies (NAMIC), a trade association for property/casualty insurance companies, and Property Casualty Insurers Association of America; a trade association that represents Armed Forces Insurance and other insurance companies before state and federal lawmakers. As a NAMIC member, AFI has national legislative representation and greater access to resources. AFI also is a corporate member of the Association of the United States Army (AUSA), a private, nonprofit organization that supports the Army—active duty, National Guard, Reserve, civilians, retirees and family members.
The Board of Directors oversees the business operations of the Attorney-in-fact. The directors serve for a three year term and are elected by the Subscribers' Advisory Committee, which represents the subscribers' interests. The election occurs at the annual Stockholders' meeting in June.
- 2013 - 2014 Board of Directors
- Garry L. Parks, Lieutenant General, USMC, Ret. (Chairman)
- Antonio M. Taguba, Major General, USA, Ret. (Vice Chairman and SAC Chairman)
- Craig M. Kennedy, Commander, USN, Ret. (SAC Vice Chairman)
- Becky Blades
- Joyce P. DiMarco, Colonel, USA, Ret.
- Edward "Lee" Duggs Jr.
- Thomas M. Fogt
- Don C. Giles
- Norman D. Greczyn, Colonel, USA, Ret.
- Myron J. Griswold, Colonel, USA, Ret.
- Paul E. Heacock
- Lynn Rolf
- Kurt H. Seelbach, President & Chief Executive Officer (ex officio)
- Paul D. VanGorden, Colonel, USAF, Ret.
- Danny R. Walker, Chief Master Sergeant, ANG, Ret.
- George J. Zock
- 2013 Senior Management
- Kurt H. Seelbach, CPA, CPCU, President & Chief Executive Officer
- Arlen Briggs, CPA, Chief Financial Officer & Chief Risk Officer
- Michael Mattix, Chief Claims Officer & General Counsel
- Kevin Lund, Chief Information Officer
- Michael Nixon, Vice President, Insurance Operations