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BMA history
BMA company history timeline
For a short time Grant sold fire and hail insurance to farmers, but he decided to attend the Paris Exposition in 1900.
One day in 1908, Grant received a flyer from Traveling Men's Accident Association suggesting that traveling men needed accident insurance coverage.
In June 1909 the charter was granted by the state of Missouri, and the Business Men's Accident Association immediately opened its doors to customers.
The company's reputation for standing by its policyholders grew, and by the end of 1909 applications had more than tripled.
But another crisis loomed after the addition of health insurance policies in 1911.
In 1918, Business Men's Accident Association reported a total of $1.234 million in premium income.
Business Men's Accident Insurance changed its name to Business Men's Assurance Company of America (BMA) in 1920.
He implemented an expansion program during this time and opened the company's first branch office in San Francisco in 1922 and a second office not long afterwards, in Salt Lake City, Utah.
By 1934, even though the company found itself amid the height of the depression, Grant's cost-cutting measures and sales strategy were wildly successful.
Graduating from the University of Kansas and earning an MBA at the Wharton School of Finance at the University of Pennsylvania, Bill Grant started working at the firm in 1941.
Upon his return to the United States after the war, Grant immediately resumed his responsibilities at BMA and worked his way up to vice-president by 1951.
The founder of BMA, Tom Grant, died on November 29, 1954, at the age of 76, after attending a violin recital at the Kansas City Conservatory of Music.
By 1955, Business Men's Assurance Company reported that it had achieved its longtime goal of having $1 billion worth of life insurance in force.
The Grant family always played a large part in the development of BMA, and in 1960 this tradition continued with the selection of W. D. Grant, the founder's son, as president and chief executive officer.
The American Institute of Architects gave the BMA Tower its award for outstanding high-rise construction of 1963.
In 1967, Business Men's Assurance Company established the first United States-owned insurance firm in Australia.
Like BMA, MAP has been a family business since its beginning in 1968 and it remains so today.
Grant's expansion and diversification strategy provided nearly 40 percent of the company's total profits by the end of 1969.
Bill Murray Sr. founded Bill Murray & Associates in 1976 based on his sales management and executive experience with companies including consumer products giant Proctor and Gamble, and later for Purolator Products Company, Arvin Industries and Maremont Corporation.
Vice President of Sales - Southwest BMA / MAP Dallas Office | 214.316.7629 spletz@billmurrayassociates.com With BMA since March of 1984
Yet BMA still suffered declining profits, and in late 1989 the board of directors sought a buyer for the company's insurance operations.
Senior Account Executive Advance Auto Parts - BMA Raleigh Office | 919.307.3891 kduffelle@billmurrayassociates.com With BMA since July of 1990
In 1990, the company's insurance operations were acquired by Assicurazioni Generali, an international insurance holding company located in Trieste, Italy.
Territory Manager North & Central FL, Heavy Duty | 305.279.4632 chernandezjr@billmurrayassociates.com With BMA since January of 1998
Vice President of Sales NAPA / GPC | 678.493.3401 mmckenna@billmurrayassociates.com With BMA since July of 2006
Territory Manager Houston, San Antonio & West TX | 832.493.4599 jlowry@billmurrayassociates.com With BMA since September of 2007
Founded in 2008, BMA is a Service Disabled Veteran-Owned Small Business headquartered in Leavenworth Kansas dedicated to performance excellence that leverages people, processes, tools, and technology and the ideas that spring from our collaborative effort.
Sales Manager GA, East TN, Heavy Duty - BMA Birmingham Office | 205.747.7592 ncrowder@billmurrayassociates.com With BMA since January of 2011
Director of Category Management BMA Memphis Office | 901.521.1000 dbohr@billmurrayassociates.com With BMA since October of 2012
One significant change includes BMA's expansion into the Southwest with the purchase of Marketing and Promotion, Inc. in 2013.
In 2013, BMA was recognized as the fastest growing small business in the State of Kansas by Inc.
Territory Manager Central TN, AL, MS, KY, NW FL, Heavy Duty | 256.651.6877 jjones@billmurrayassociates.com With BMA since August of 2014
Senior Account Executive AutoZone - BMA Memphis Office | 901.521.1000 | 204.733.0939 cward@billmurrayassociates.com With BMA since July of 2015
Senior Vice President - Retail BMA Memphis Office | 901.521.1000 rturner@billmurrayassociates.com With BMA since March of 2016
Vice President of Sales - Heavy Duty GA, TN, AL & MS | | 770.329.7057 astepka@billmurrayassociates.com With BMA since March of 2017
Senior Account Executive Advance Auto - BMA Raleigh Office | 919.307.3891 | 540.819.0774 gtolley@billmurrayassociates.com With BMA since April of 2019
Senior Account Executive Walmart - BMA Bentonville Office | 479.903.9673 keldredge@billmurrayassociates.com With BMA since August of 2021
Senior Account Executive West Tennessee, Orgill & Highline | 901.490.4357 cgurley@billmurrayassociates.com With BMA since April of 2022
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| MLT Systems | 2008 | $6.1M | 40 | 24 |
| RMGS | 2008 | $5.0M | 50 | 19 |
| Allied Associates International | 2008 | $19.0M | 50 | - |
| American Operations | 1983 | $37.5M | 200 | 4 |
| Cathedral | 1916 | $36.3M | 100 | 4 |
| Cumberland | 2004 | $63.0M | 600 | 43 |
| RAI | 1977 | $3.1M | 50 | 9 |
| Northwoods | 1999 | $52.0M | 50 | 19 |
| Questcon Technologies | 1991 | $510,000 | 6 | 5 |
| WES | 1986 | - | 176 | 2 |
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BMA may also be known as or be related to BESHENICH MUIR & ASSOCIATES, BMA, BMA LLC, Beshenich Muir & Associates and Beshenich Muir & Associates, LLC.