Electric Insurance Timeline
1920's 1950's 1960's 1970's 1980's 1990's 2000's Today
EMLICO (EIC's former parent company) provides Workers Compensation Insurance for GE in Massachusetts

EMLICO provides national Workers Compensation Insurance for GE

EMLICO product line expanded to include General Liability and Commercial Auto

EIC is incorporated as a Massachusetts property & casualty insurer

EIC offers personal Lines (auto & home) insurance to GE employees

EIC product line expanded to include personal excess liability benefit to GE employees

EIC's Corporate headquarters moves to Beverly MA

Strategic technology investments in data /process automation

Introduction of Six Sigma management practices

EIC becomes one of the first P&C carriers to offer consumers web based insurance quotes

World class call center, customer service and claims resolution

2001 regional Torch Award for Excellence

EIC HQ moves to 75 Sam Fonzo Drive, Beverly MA

$450 million in annual written premium

Advanced underwriting models

A.M. Best Rating: Excellent / A

S&P Rating:
Strong / A

Licensed in Canada and the EU

               

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