21st Century Insurance Cutting 50 Positions in Delaware

February 10, 2016

  • February 11, 2016 at 3:40 pm
    Agent says:
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    If I recall, 21st Century was originally an AIG company and sold to Zurich/Farmers. I guess things didn’t work out so well for the direct crowd after all the fanfare when it started up.

    • February 11, 2016 at 7:16 pm
      Semi says:
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      That couldn’t have been better said!”Things didn’t work out so well for the direct crowd after all the fanfare when it started up”. Very well phrased!So Farmers is based in Los Angeles,but yet, 21st Century will still be branded in California (?) and Hawaii. I guess J.K Simmons-AKA-Vernon Schillinger of HBO series “OZ” knows more about those gaps in your insurance than we do! My heart goes out to the local agents that worked so hard to be build their book of business and have their own company shallow them out.

      • February 12, 2016 at 9:25 am
        Agent says:
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        Semi, it is hard to figure out what the strategy is with big insurance companies. I think many of them like to sell direct and eliminate the commission and contingency of agents. Liberty Mutual sells direct and they also own agency companies like Safeco. Progressive has been doing that forever as well and gives better rates direct to customers than what their agents can do. Quite a game they play.



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