ABOUT NATIONAL ASSOCIATION OF MUTUAL INSURANCE COMPANIES
For more than 117 years the National Association of Mutual Insurance Companies (NAMIC) has been serving the best interests of mutual insurance companies of all sizes throughout the U.S. and Canada. They are the largest property/casualty insurance trade association with over 1,400 property/casualty insurance companies serving more than 135 million auto, home and business policyholders writing more than $196 billion in premiums. NAMIC member companies command over 50 percent of the automobile/homeowners market and 31 percent of the business insurance market. More than 200,000 people are employed by NAMIC member companies.
NAMIC had been conducting board and governance benchmarking studies for their Property and Casualty members for some time, but wanted to offer their Farm Mutual members a benchmarking tool as well.