Safe Auto Insurance Company
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Company type | Private |
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Industry | Insurance & Finance |
Founded | 1993 |
Headquarters | 4 Easton Oval, Columbus, Ohio 43219 United States |
Key people | Ron Davies (President and CEO) Ari Deshe (Cofounder and Executive Chairman) Jon Diamond (Cofounder and Executive Chairman)[1] |
Products | Private-passenger auto insurance |
Website | SafeAuto.com |
Safe Auto Insurance Company is a property and casualty auto insurance carrier. It is a privately held carrier and provider of state-minimum private-passenger auto insurance for drivers in the nonstandard insurance market in 17 states across the country, including Ohio, Indiana, Kentucky, Georgia, Pennsylvania, South Carolina, Tennessee, Louisiana, Mississippi, Illinois, Missouri, Arizona, Oklahoma, Kansas, Virginia, Texas and California.[2]
History
The company was founded in Columbus, Ohio[3] in 1993 by Jon Diamond and Ari Deshe.[2][4]
Operations
SafeAuto is licensed in 22 states,[5] markets in 17 states,[2] and employs more than 700 associates across its headquarters in Columbus, Ohio, and its satellite offices in Woodsfield, Ohio, and Somerset, Kentucky. SafeAuto's annual revenue was more than $300 million in 2013.[6] Since 2012, Ron Davies, former senior vice president with Allstate Insurance Co, took over the role of CEO; Diamond and Deshe remain involved with the company as chairmen and executive directors of the company's board.[7] Davies has since opened two SafeAuto storefronts in Columbus, Ohio, to serve customers face to face. In March 2015, SafeAuto acquired AutoTex MGA and began expanding to the independent agent insurance business.[8]
Target Demographic
SafeAuto targets the nonstandard auto insurance market, in which it has specialized for over 20 years in providing liability coverage that meets states' required minimum limits. Deshe and Diamond founded the company on the idea that SafeAuto could serve this market, which includes high-risk drivers and drivers who require an SR-22 that other companies were hesitant to insure, better than any other insurance company could.
See also
References
- ^ Safe Auto hires Allstate executive to take over from insurer’s founders
- ^ a b c "State Minimum Car Insurance | Legal Requirements from SafeAuto". www.safeauto.com. Retrieved 2018-03-28.
- ^ Wartenberg, Steve (July 18, 2009). "Meet Justin Case - (though he doesn't really exist)". The Columbus Dispatch. Dispatch Printing Company. p. 8A - Business.
Justin Case has a cubicle on the fourth floor of SafeAuto's headquarters building in Columbus.
- ^ "#100 Schottenstein family". Forbes.
Jay's brothers-in-law Ari Deshe and Jon Diamond together founded car insurer SafeAuto
- ^ "Safe Auto Group Agency Licensing Disclosure". www.safeauto.com. Retrieved 2018-03-28.
- ^ http://www.prweb.com/releases/2013/6/prweb10842006.htm
- ^ http://www.insurancejournal.com/news/midwest/2012/07/24/256927.htm
- ^ "SafeAuto to Acquire AutoTex MGA". www.safeauto.com. Retrieved 2018-03-28.
External links