Electric Insurance Worldwide

We care. At home and abroad.

Electric Insurance Company was incorporated in 1966. The Company was created to provide quality personal lines insurance products for the employees of General Electric Company (GE).

Since then, Electric Insurance has expanded its services to the public. In 1995, Electric Insurance began its current role as an insurer, reinsurer and claims handler for many of GE's insurance programs. Electric Insurance assumed this role from its founding Company, Electric Mutual Liability Insurance Company, which had provided insurance to GE since 1927.

Subsidiaries

  • In 1983, the Company formed Elm Insurance Company as a wholly owned subsidiary and incorporated it under Vermont captive laws.
  • In 1992, the Company formed EIC Agency, Inc., based in Beverly, Massachusetts. In 2009, EIC Agency, Inc. merged with and into Electric Insurance Agency, LLC.
  • In 2005, the Company formed Electric Insurance Ireland Limited, based in Dublin, Ireland.
  • In 2006, EIC established a Canadian Branch operation based in Toronto, Canada.

Company Licenses

Electric Insurance Company is a licensed property/casualty insurer in all 50 states plus the District of Columbia and Puerto Rico. Electric Insurance Company is domiciled in the Commonwealth of Massachusetts and has its principal place of business at 75 Sam Fonzo Drive, Beverly, Massachusetts. The identification number assigned to Electric Insurance Company by the National Association of Insurance Commissioners is 057-21261.

Electric Insurance Agency, LLC is a wholly owned subsidiary of Electric Insurance Company. It has its principal place of business at 75 Sam Fonzo Drive, Beverly, Massachusetts. Electric Insurance Agency, LLC offers insurance in the State of California under the name E.I.C. Insurance Agency, LLC with a license number of 0G53210, and in state of New Jersey under the name of E.I. of Massachusetts Agency Limited Liability Company.

 

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