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