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Cumberland Mutual history
Cumberland Mutual company history timeline
On February 23, 1844, the New Jersey Legislature granted an Act of Incorporation establishing the Cumberland Mutual Fire Insurance Company.
Since 1844, the Board, management, and staff of Cumberland Mutual have dedicated themselves to building a company whose integrity and vision would provide individuals, families, and businesses with the security necessary to protect their assets and grow their enterprises.
To provide additional protection to our policyholders, Cumberland organized the Minerva Fire Company in Bridgeton in 1854.
In 1866, Cumberland assisted in the purchase of a hand pumper fire engine for the fire company.
By 1867, Cumberland's growth had exceeded the capacity of its accommodations and therefore Cumberland purchased a new building to house the growing Company at 107 East Commerce Street in Bridgeton.
Cumberland's continued growth necessitated the construction of a new modem 12,000 sq. ft. office building at West Broad Street in Bridgeton in 1963.
On October 1, 2000, the Chester County Mutual Insurance Company of Downingtown, PA merged into Cumberland Mutual Fire Insurance Company.
In 2002, Cumberland established a technology unit in Mansfield, Ohio in order to develop new insurance products more rapidly and efficiently for our policyholders.
Cumberland is the oldest Mutual Property and Casualty Insurer domiciled in the State of New Jersey with over 150 employees, nearly 100,000 policyholders, 430 agents, $393 million in total admitted assets, and $202 million in total surplus at the end of 2020.
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Zippia gives an in-depth look into the details of Cumberland Mutual, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cumberland Mutual. The employee data is based on information from people who have self-reported their past or current employments at Cumberland Mutual. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cumberland Mutual. The data presented on this page does not represent the view of Cumberland Mutual and its employees or that of Zippia.
Cumberland Mutual may also be known as or be related to Cumberland Insurance Group, Cumberland Mutual, Cumberland Mutual Fire Insurance Company (inc) and The Cumberland Insurance Group.