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Physicians Mutual

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Physicians Mutual
Company typePrivately held
IndustryInsurance
Founded1902; 122 years ago (1902)
FounderEdwin E. Elliott
HeadquartersOmaha, Nebraska
Websitephysiciansmutual.com

Physicians Mutual is a mutual insurance company headquartered in Omaha, Nebraska, United States. It consists of Physicians Mutual Insurance Company and Physicians Life Insurance Company.[1]

Today[when?] the company offers a variety of insurance products, Medicare, Medigap, Medicare Supplement, Dental InsuranceTerm Life Insurance, Whole Life Insurance, and cancer and funeral pre-planning services. In 2022, it began to offer Pet Insurance. [2]

The company holds over US$4 billion in assets and employs over 1000 people,[3] and has Rob Reed as its president and chief executive officer.[4]

History

  • 1902 - Founded as Physicians Mutual Insurance Company [5] by Edwin E. Elliott, Physicians Mutual began by selling health insurance to medical professionals.
  • 1962 - Policies were offered to the general public.
  • 1970 - The company expanded into life insurance when it founded Physicians Life Insurance Company.[1]
  • 2012 - To better address the increasing demands of funeral home owners and the families they represent, the company joined the funeral pre-planning business.
  • 2019 - Physicians Mutual Insurance Company introduced a new marketing advertisement featuring comedic actor John Michael Higgins.[6]

References

  1. ^ a b Our Story
  2. ^ Company Overview of Physicians Mutual Insurance Company
  3. ^ Greater Omaha Major Employers, April 2013
  4. ^ "Physicians Mutual Appoints Rob Reed as New President and CEO".
  5. ^ Omaha companies more than 100 years old, Omaha World-Herald, Omaha, 2014
  6. ^ "Physicians Mutual enlists John Michael Higgins for campaign to relieve insurance anxiety". The Drum. 12 March 2019. Retrieved 14 July 2020.