|Type||Subsidiary of Ally Financial|
|Industry||Insurance & Finance|
|Headquarters||Winston-Salem, NC, USA|
Founded in 1939 as Motors Insurance Corporation, the GMAC Insurance Group is a property and casualty insurance company in the United States and is a subsidiary of Ally Financial. Ally has agreed to sell GMAC Insurance Group to Maiden Holdings pending regulatory approval.
GMAC Insurance is the only insurance company in the United States to come from within the automotive industry.
The GMAC Insurance umbrella constitute the 15th largest underwriting company in the United States.
The owners of GMAC insurance are the Karfunkels.
- Majority of GMAC Insurance Group to be Acquired by Maiden Holdings. Globalsurance. Retrieved on 2013-09-04.
- Net Quotes. GMAC Insurance Information Net Quotes, December 30, 2007.
- "CoverHound Adds GMAC Insurance to Comparative Shopping Platform". Yahoo! Finance. March 2012.
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