Insurance has a history that dates back to the ancient world. Over the centuries, it has developed into a modern business of protecting people from various risks. The industry has been profitable for many years and has been an important aspect of private and public long-term finance. We are dedicated to the tradition of working with clients who rely upon expertise for long term insurance solutions. We are committed to building lasting relationships with clients.
Modern insurance can be traced back to the city’s Great Fire of London, which occurred in 1666. After it destroyed more than 30,000 homes, a man named Nicholas Barbon started a building insurance business. He later introduced the city’s first fire insurance company. Accident insurance was made available in the late 19th century, and it was very similar to modern disability coverage.
In U.S. history, the first insurance company was based in South Carolina and opened in 1732 to offer fire coverage. Benjamin Franklin started a company in the 1750s, which collected contributions for preventing disastrous fires from destroying buildings. As the 1800s arrived and passed, insurance companies evolved to include life insurance and several other forms of coverage. No type of insurance was mandatory in the United States until the 1930s.
At that time, the government created Social Security. In the 1940s, GI insurance surfaced. It helped ease the financial difficulties of women whose husbands died while fighting in World War II. It wasn’t until the 1980s that the need for car insurance grew enough that steps were taken to make it mandatory. Although insurance is an established business, it is still changing and will change in the future to meet the evolving needs of consumers.
Many people take more time deciding what they want in their coffee than determining which insurance policy to choose. A well-known name (or seeming leader) in the industry should not be the basis for your decision, nor should the lowest price. In addition, you might have the ideal automobile policy, but the same insurance company will not necessarily be the best choice for covering your beloved and expensive art collection.
By presenting the facts and insights needed to make an informed decision when comparing specialized policy options, we always work on your behalf to protect you and your loved ones.