New Hampshire Insurance Company

What New Hampshire Insurance Company does

New Hampshire Insurance Company is a property and casualty insurance carrier founded in 1870 and operating today as a member company of American International Group, Inc. (AIG). Headquartered at 1271 Avenue of the Americas, Floor 41, New York, NY, the company writes a portfolio of seven insurance products spanning personal and commercial lines: Automobile Insurance, Boiler and Machinery Insurance, Homeowners Insurance, Personal Injury Liability Insurance, Property Insurance, Surety Insurance, and Workers' Compensation Insurance. Customers include individual homeowners, commercial property owners, and employers, all served within the United States. The company's documented history traces through notable catastrophic events, including its first fire insurance policy in 1870 and a role in rebuilding San Francisco after the 1906 earthquake and fire.

The business operates on a subscription/recurring revenue model, generating income through the collection of insurance premiums from policyholders in exchange for risk coverage. Pricing is quote-based and varies by risk factors, coverage type, policy limits, and deductibles rather than being publicly disclosed. Distribution is direct via phone (212-770-7000, 1-888-280-1244) and 24/7 claims service (1-877-399-6442), with separate intake processes for Workers' Compensation and Property & Casualty new losses handled through dedicated U.S. operations in Shawnee Mission, KS. As an AIG subsidiary, the company leverages the parent's corporate distribution channels, brand recognition, and capital resources rather than operating independent GTM infrastructure.

The platform is a conventional P&C insurance operation with no disclosed proprietary technology stack, AI/ML capabilities, app, API, or SDK offerings. The value proposition centers on institutional heritage (150+ years of operating history) and AIG's financial strength, with differentiators grounded in brand recognition, accumulated actuarial data, and parent-company capital backing. The underlying technology architecture is not described beyond standard insurance services; there are no patents, certifications, awards, or named customers disclosed in the source data.

Name

New Hampshire Insurance Company

Legal name

New Hampshire Insurance Company

Website

https://newhampshireinsurancecompany.com

Company type

Private

Founded year

1870

Operating status

Operating

Headcount range

101–250 employees

Short description

New Hampshire Insurance Company is a U.S. property and casualty insurer and AIG subsidiary offering automobile, homeowners, property, workers' compensation, surety, and boiler and machinery coverage to individuals and commercial clients.

Ownership category

akta.pro rank

Product category

Property and Casualty Insurance

NAICS

Insurance Carriers (5241), Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Equipment Breakdown / Boiler & Machinery Insurance (FSAJACAI)

akta.pro secondary industries

Personal Auto Insurance (FSAJAMAA), Hired & Non-Owned Auto (FSAJABAE)

Keywords

• Property and casualty insurance
• Workers compensation coverage
• Commercial property insurance
• Homeowners insurance
• Surety and bond insurance

Headquarters

HQ city

New City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Insurance Premiums: New Hampshire Insurance Company generates revenue through collection of insurance premiums from policyholders. As a property and casualty insurer, the company collects recurring premiums in exchange for coverage against specified risks including automobile, homeowners, property, boiler and machinery, personal injury liability, surety, and workers' compensation insurance.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

New Hampshire Insurance Company is a property and casualty insurance provider operating as a member company of AIG. The company underwrites and issues insurance policies covering automobile, homeowners, property, boiler and machinery, personal injury liability, surety, and workers' compensation risks for both individual and commercial policyholders in the United States.

Product overview

New Hampshire Insurance Company is a property and casualty insurance provider that has operated for nearly 150 years as a member company of AIG. The company offers a portfolio of insurance products including Automobile Insurance, Boiler and Machinery Insurance, Homeowners Insurance, Personal Injury Liability Insurance, Property Insurance, Surety Insurance, and Workers' Compensation Insurance. These products collectively provide risk mitigation and insurance solutions for both individuals and commercial clients, addressing coverage needs across personal lines and commercial lines.

Differentiator

Problem solved

Functional benefit

Products and services

• Automobile Insurance Vehicle insurance coverage that protects policyholders against financial loss from accidents, theft, and damage to automobiles. Available to individual drivers and commercial vehicle owners.
• Boiler and Machinery Insurance Coverage for damage to boilers, machinery, and equipment caused by mechanical breakdown, electrical issues, or pressure system failures. Targeted at commercial and industrial policyholders.
• Homeowners Insurance Property and liability coverage protecting homeowners against damage to their residence and personal belongings as well as personal liability claims. Targeted at individual residential policyholders.
• Personal Injury Liability Insurance Coverage protecting individuals and businesses against claims for bodily injury or personal injury caused by negligence. Available to both personal and commercial insureds.
• Property Insurance Coverage for commercial and residential properties against loss or damage from covered perils such as fire, theft, and natural disasters. Serves both individual property owners and commercial property holders.
• Surety Insurance Bond products that provide financial guarantees for contractual obligations, including construction bonds, contract bonds, and commercial bonds. Targeted at businesses and contractors requiring performance guarantees.
• Workers' Compensation Insurance Coverage providing medical benefits and wage replacement to employees injured or disabled in the course of employment. Targeted at employers across the United States.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AIG (American International Group)coreOthersNew Hampshire Insurance Company is a member company of AIG, operating as a subsidiary within the AIG corporate family. This relationship provides the company with AIG's brand recognition, financial strength, distribution network, and institutional resources. The company is identified as part of AIG's America/Canada region operations.

Scale indicators1 record

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• American International Group (AIG): AIG is NHIC's direct parent and one of the largest global P&C and life insurers. It is the most relevant comparable because NHIC's underwriting, distribution, and capital structure are all administered through AIG, and AIG writes overlapping P&C lines including property, auto, and workers' comp.
• Zurich Insurance Group: Zurich is a global P&C and specialty insurer with US commercial operations overlapping NHIC's property, liability, and workers' comp lines. It serves as a broader incumbent peer given its multinational footprint and similar AIG-tier institutional positioning.

Direct peers

• Chubb: Chubb is a global P&C underwriter with strong US commercial and personal lines presence including property, liability, and specialty coverages. It competes head-to-head with NHIC on commercial property and personal injury liability accounts.
• Liberty Mutual Insurance: Liberty Mutual is a major US-based P&C carrier offering personal auto, homeowners, workers' comp, and commercial lines. It is a direct competitor across most of NHIC's product set and operates on a similar phone/agent-led distribution model.
• CNA Financial: CNA is a US commercial P&C specialist writing property, casualty, workers' comp, and surety — a near-mirror of NHIC's commercial product mix. It is highly comparable on commercial underwriting philosophy and specialty lines such as surety.
• Travelers: Travelers is a leading US P&C insurer with overlapping product lines in personal auto, homeowners, commercial property, and workers' compensation. It is a direct competitor for NHIC's US P&C book across both personal and commercial segments.
• Nationwide Mutual Insurance: Nationwide is a US P&C and financial services carrier offering personal auto, homeowners, and commercial lines including workers' comp. It is a direct peer to NHIC in personal lines and small-commercial P&C distribution.
• The Hartford: The Hartford is a US-listed P&C carrier focused on commercial lines (workers' comp, property, liability) and small commercial — directly overlapping NHIC's commercial workers' comp and property offerings and serving a similar employer segment.

Emerging players

• Lemonade: Lemonade is a digitally-native personal lines insurer using AI-driven underwriting in homeowners and renters. It represents the emerging competitive threat to NHIC's personal property book from a fundamentally different cost structure.
• Hippo Insurance: Hippo is an insurtech focused on homeowners insurance with a modern digital distribution model. It competes with NHIC's homeowners product line and signals the direction of personal property distribution that NHIC has not yet adopted.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/user/AIG
• Facebookfacebook.com/AIGInsurance
• LinkedInlinkedin.com/company/new-hampshire-insurance-department
• Instagraminstagram.com/aiginsurance

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Hampshire Insurance Company