Business insurance provider changes official name to Sentry Insurance Company
STEVENS POINT, Wis. (January 4, 2021) – Effective January 1, 2021, Sentry successfully finalized its conversion to a mutual insurance holding company structure. As part of the conversion, Sentry Insurance a Mutual Company is now named Sentry Insurance Company. Sentry also formed a new parent holding company, Sentry Mutual Holding Company.
The business insurance provider will remain known as Sentry Insurance and will continue to operate under the principles and culture of a mutual company.
“Not only does this conversion help us continue to provide great personalized service to our customers, we’re now able to expand our mutual structure and values to an even broader policyholder base,” said Pete McPartland, Sentry chairman of the board, president, and CEO. “This improves our ability to expand product and service offerings to our customers, while providing flexibility to pursue mergers and acquisitions.”
This conversion has no impact on coverages, premiums, claims handling, or anything related to the customer experience at Sentry.
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Sentry Insurance is one of the largest and most financially secure mutual insurance companies in the United States, with an AM Best Financial Strength Rating (FSR) of A+ (superior), current as of June 2020. Sentry and its subsidiaries sell property and casualty insurance, life insurance, annuities and retirement programs for business and individuals throughout the country. Headquartered in Stevens Point, Wisconsin, Sentry employs more than 4,000 associates in 41 states. See a complete list of underwriting companies at sentry.com.