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Lancer Insurance history
Lancer Insurance company history timeline
In 1991, Lancer's sales to Coca-Cola accounted for 71 percent of the company's total revenue.
In 1994, 49 percent of total net sales came from beverage dispensing systems.
In 1995, 30 to 35 percent of the company's sales were overseas.
In 1995, Lancer acquired the Australian company Glenn Pleass Holdings Pty.
Lancer's research and development activities therefore proved to be "the backbone of Lancer's growth over the years," according to the Schroeders in the company's 1996 annual report.
Lancer's board of directors approved a third three-for-two stock split, effected as a 50 percent dividend, in 1997.
Entering 1997, the company embraced a three-pronged strategy for increasing sales.
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Lancer Insurance competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SeaBright Holdings | 1966 | $22.0M | 50 | - |
| Universal Insurance Holdings | 1990 | $1.4B | 1,047 | 22 |
| ICW Group | 1972 | $364.5M | 962 | 22 |
| FCCI | 1959 | $540.0M | 718 | 77 |
| Chubb | 1882 | $36.0B | 31,000 | 1,069 |
| Century Insurance Agency | 1996 | $1.9M | 50 | 1 |
| National Indemnity | 1940 | $450.0M | 650 | 34 |
| Foremost Insurance | 1952 | $250.0M | 12,740 | - |
| Great American Insurance | 1872 | $4.8B | 7,600 | 375 |
| The Travelers Companies | 1853 | $231.7M | 30,800 | 1,589 |
Lancer Insurance history FAQs
Zippia gives an in-depth look into the details of Lancer Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lancer Insurance. The employee data is based on information from people who have self-reported their past or current employments at Lancer Insurance. 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 Lancer Insurance. The data presented on this page does not represent the view of Lancer Insurance and its employees or that of Zippia.
Lancer Insurance may also be known as or be related to Lancer Insurance, Lancer Insurance Co. (Investment Portfolio), Lancer Insurance Company and Lancer Management Company Inc.