Announcing plans for major growth in the Texas marketplace, State Auto Middle Market Insurance (SAMMI), said it will host an open house Jan. 28 in its new office in Austin to celebrate the unit’s entrance into the state.
The company said State Auto Middle Market Insurance (SAMMI) was created in early 2004 in response to agent requests to expand the size and scope of its commercial lines business to include larger commercial risks, usually with at least $100,000 in annual premium. Since that time, SAMMI, headquartered in Columbus, Ohio, has grown exponentially, necessitating the creation of offices in Naperville (Chicago), Ill., Peoria (Phoenix), Ariz., Hunt Valley (Baltimore), Md., and now Austin.
The open house coincides with the official opening of SAMMI’s Southwest Zone office in Austin at 5914 West Courtyard Drive, Suite 150.
SAMMI Zone Vice President Gerald Ladner praised Texas’ economy and legal and regulatory environment for helping to create an insurance market with high growth potential.
The State Auto Insurance Companies first entered Texas in 2007 with the acquisition of the Beacon Insurance Group of Wichita Falls. While State Auto’s regional office for auto, home, and business insurance remains in Wichita Falls, a strategic decision was made to locate the middle market, or large account, zone office in Austin.
Executives and staff of SAMMI and the State Auto Insurance Companies will host an open house in the new office space from 4:30 to 7:30 p.m. on Jan. 28.
The State Auto Insurance Companies, headquartered in Columbus, Ohio, are engaged primarily in writing personal and business insurance products exclusively through approximately 3,400 independent insurance agencies in 33 states and are proud to be a Trusted Choice company partner. The State Auto Insurance Companies include State Auto Financial Corporation and State Automobile Mutual Insurance Company, which is one of only 14 companies to be rated “A+” (Superior) by the A.M. Best Company every year since 1954.
Source: State Auto Insurance Companies, StateAuto.com
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