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Plunkett's Insurance Industry Almanac


Sample Profile

21ST CENTURY INSURANCE  www.21st.com
Industry Group Code: 524126 Ranks within this company's industry group: Sales: 43 Profits:44
BUSINESS ACTIVITIES:  ("Y" = Yes)
Underwriters-Business:
Property/Casualty:  
Spec.  
Group Life:  
Group Health:  
   
Underwriters-Personal:
Automobile:
Y
Homeowners:  
Health:  
Supplemental Health.:  
Life:  
Other Insurance:
Financial Guaranty:  
Title Insurance:  
Worker's Comp.:  
Reinsurance:  
   
Services:
Labs/Tests  
Info./Data Publishing:  
Claims Adjusting:  
Workers Therapy:
Specialty Services::
Technology:
Software:  
Online Services:
 Y
Specialty Tech.  
   
   
Consulting/Brokers
Insurance Brokers:  
Risk Mgmt. Services:  
Safety Consulting:  
Asset Management:  
   
TYPES OF BUSINESS: GROWTH PLANS/SPECIAL FEATURES
Insurance, Direct Property & Casualty
Automobile Insurance

21st Century Insurance Group is the seventh-largest auto and liability insurance group in California. It markets private passenger automobile liability, physical damage and personal excess liability insurance, both directly and through subsidiary 21st Century Casualty Company. The company sells its auto policies exclusively to preferred risk applicants in California, Arizona, Nevada, Oregon, Washington, Illinois, Indiana and Ohio. The company insures more than 1.5 million automobiles and has an annual renewal rate for existing policyholders of over 90%. 21st Century Insurance is ranked as one of the top four vehicle insurance companies in the nation by J.D. Power and Associates and also holds an A+ (superior) rating from A.M. Best. The firm’s web site, www.i21.com, provides full-service customer support, allowing potential policyholders to receive real-time free insurance quotes, communicate directly with a 21st Century representative through an interactive chat function, review an extensive frequently asked questions section and purchase a car insurance policy online. 21st Century customers can pay bills by electronic check, add or delete drivers or vehicles, review or change their coverage, report a claim, track account payments and instantly renew vehicle registration with the state Department of Motor Vehicles online.

The firm's employees work four-and-a-half-day work weeks and only five hours on Fridays. 21st Century's benefits package includes flexible spending accounts, an employee assistance program and a wellness program.

BRANDS/DIVISIONS/AFFILIATES:
20th Century Industries
21st Century Casualty Company
www.i21.com
CONTACTS:
Note: Officers with more than one job title may be intentionally listed here more than once.
Bruce W. Marlow, CEO
Bruce W. Marlow, Pres.
Lawrence Bascom, CFO
Richard A. Andre, VP-Human Resources
Michael J. Cassanego, General Counsel/Sr. VP/Corp. Sec.
Lawrence Bascom, Sr. VP/Treas.
Michael Ray, Sr. VP-Customer Processes
Dean E. Stark, Sr. VP-Claims
Robert M. Sandler, Chmn.

Phone: 818-704-3700 Fax: 818-704-3061
Toll-Free:    800-211-7283
Address: 6301 Owensmouth Ave., Woodland Hills, CA 91367 US
FINANCIALS: Sales and profits are in thousands of dollars—add 000 to get the full amount. 2005 note: Financial information for 2005 was not available for all companies at press time.
2005 Sales: 
2004 Sales:  $1,383,300
2003 Sales:  $1,246,464
2002 Sales:  $981,300
2001 Sales:  $914,100
2005 Profits: 
2004 Profits:  $88,200
2003 Profits:  $53,575
2002 Profits:  $-12,300
2001 Profits:  $27,600
Employees:  2700

Fiscal Year Ends: 12/31
SALARIES/BENEFITS:
Pension Plan: Y  
Savings Plan: Y
ESOP Stock Plan: 
Stock Purch. Plan:
Profit Sharing:  
Highest Exec Salary:      $800,000
Second Highest Salary:  $760,728
Bonus:   $936,000
Bonus:   $272,250
OTHER THOUGHTS:

Stock Ticker:
TW

LOCATIONS:  ("Y" = Yes)
Apparent Women Officers or Directors: 
Hot Spot for Advancement for Women/Minorities: 
West:
Y
Southwest:
Midwest:
Southeast:
Northeast:
International:

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