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Jefferson Insurance Company history
Jefferson Insurance Company company history timeline
Jefferson Standard and Pilot Life continued their successes through the first half of the twentieth century, with Jefferson Standard reaching $1 billion of insurance in force by 1951.
Just a few years later, in 1960, that figure had risen to $2 billion.
Faster Growth, Greater Diversification: 1967--92
W. Roger Soles took the reins from Holderness in 1967 after 20 years of service to the company.
By 1976, Jefferson-Pilot had more than $5 billion of insurance in force, reflecting rapid growth since Soles' selection as president.
When they formally merged in 1987 at the behest of CEO Roger Soles, the companies had gained a reputation for financial integrity and strength throughout the industry.
While it earned about $109 million in net income during 1989 from life insurance, for example, it captured an additional $28 million from its casualty and title insurance activities, communications subsidiaries, and miscellaneous investment gains.
In early 1993, Soles retired at the age of 71 and was followed by several other senior managers who had reached retirement age.
In 1995, he initiated a rapid-growth phase by purchasing the insurance in force from Kentucky Central Life and Alexander Hamilton Life.
Jefferson-Pilot Data Services and Jefferson-Pilot Fire & Casualty were both sold in 1995.
The photographs and printed materials relating to Ralph Price (2010.26.1) were donated by his daughter, Louise Price Parsons.
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Jefferson Insurance Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Crum & Forster | 1896 | $1.7B | 1,345 | 112 |
| Magna Carta Companies | 1925 | $430.0M | 706 | - |
| Fremont Insurance | 1876 | $8.5M | 70 | 1 |
| Pinnacol Assurance | 1915 | $680.0M | 756 | 5 |
| SeaBright Holdings | 1966 | $22.0M | 50 | - |
| Transguard Insurance Company of America, Inc. | - | $37.0M | 300 | - |
| General Accident Insurance | 1981 | $16.0M | 90 | - |
| Grain Dealers Mutual Insurance | - | $5.7M | 50 | - |
| Atlantic Mutual Insurance Company | 1838 | $3.6M | 5 | - |
| Gresham & Assoc Inc | 1979 | $8.5M | 150 | - |
Jefferson Insurance Company history FAQs
Zippia gives an in-depth look into the details of Jefferson Insurance Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Jefferson Insurance Company. The employee data is based on information from people who have self-reported their past or current employments at Jefferson Insurance Company. 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 Jefferson Insurance Company. The data presented on this page does not represent the view of Jefferson Insurance Company and its employees or that of Zippia.
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