Associated Mutual Insurance Cooperative
Associated Mutual Insurance Cooperative is a policyholder-owned mutual cooperative insurer founded in 1913, writing commercial lines in the food trades niche and personal lines for residential properties primarily across New York State, distributed through independent agents and brokers.
- Company typePrivate
- Founded1913
- HeadquartersWoodridge, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Associated Mutual Insurance Cooperative does
Associated Mutual Insurance Cooperative is a policyholder-owned mutual insurance cooperative headquartered in Woodridge, New York, operating since 1913. The company writes commercial lines focused on the food trades niche (restaurants, pizzerias, bakeries, delicatessens, coffee shops, and similar retail) and personal lines covering residential properties including homeowners, tenant/renters, manufactured homes, dwellings, landlord packages, and condominiums, primarily across New York State. Distribution is executed through an independent agent and broker network supplemented by direct policyholder service via phone, email, fax, and online portals, with 24/7/365 claims reporting available.
The company's technology stack consists of two proprietary platforms: INSPRO Enhanced Quoting (Version 4.0.2.1), an online quoting and policy management system used by independent agents, and Mutual Expert, a self-service billing and payment portal for policyholders supporting recurring bank account and credit card payments, supplemented by Xpress-pay for online bill payment. The company also deploys agency onboarding via an Agency Information Form and maintains dedicated support channels for accounting, claims, marketing, underwriting, and IT.
Revenue is generated exclusively through insurance premiums collected from policyholders, with payment flexibility structured into three tiers: annual payment (no installment charges), 6-pay plan for premiums between $200 and $999.99, and 10-pay plan for premiums of $1,000 and above, each carrying installment fees of $7.00–$9.00. Pricing and product mix are oriented toward small commercial accounts and individual consumers, with no public revenue disclosure. Reinsurance is handled through Mutual Boiler Re, and the company maintains memberships in the New York Insurance Association, Underwriters Rating Board, and Professional Insurance Agents.
Associated Mutual Insurance Cooperative firmographics
Firmographics- Name
- Associated Mutual Insurance Cooperative
- Legal name
- Associated Mutual Insurance Cooperative
- Website
- https://associatedmutual.com
- Company type
- Private
- Founded year
- 1913
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Associated Mutual Insurance Cooperative is a policyholder-owned mutual cooperative insurer founded in 1913, writing commercial lines in the food trades niche and personal lines for residential properties primarily across New York State, distributed through independent agents and brokers.
- Ownership category
- akta.pro rank
Associated Mutual Insurance Cooperative industry classification
Industry- Product category
- Property & Casualty Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
- akta.pro secondary industries
- Commercial Property Insurance (FSAJACAE), General Liability Insurance (FSAJAMAE), Product Liability & Recall (FSAJAGAG)
Keywords
Where Associated Mutual Insurance Cooperative is headquartered
LocationHeadquarters
- HQ city
- Woodridge
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Associated Mutual Insurance Cooperative business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Technology or R&D, Marketing or Sales
Revenue model
- Insurance Premiums: Associated Mutual Insurance Cooperative generates revenue through insurance premiums collected from policyholders. The company offers both commercial lines and personal lines coverage. Premiums are collected through various payment plans including annual, 6-pay (six installments), and 10-pay (ten installments) options with associated installment fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | 6-Pay Plan for premiums $200-$999.99 |
| Subscription | Multi-year contract | 10-Pay Plan for premiums $1,000+ |
| Subscription | Annual | Annual Premium Payment |
| Other | Pay-as-you-go | Fee Schedule |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Associated Mutual Insurance Cooperative product offering
Product offeringCore offering
Associated Mutual Insurance Cooperative provides property and casualty insurance products organized into Commercial Lines (specializing in food trades and mercantile businesses such as restaurants, pizzerias, bakeries, delis, coffee shops, retail establishments, and mixed-use commercial properties) and Personal Lines (residential coverage including homeowners, renters, manufactured homes, dwellings, landlord packages, and condominiums). The company distributes these insurance products through independent agents and brokers across New York State, with supporting technology platforms (INSPRO Enhanced Quoting for agents, Mutual Expert portal for policyholders, and Xpress-pay for online payments). Crime coverage and inland marine coverage are available under certain policy types.
Product overview
Associated Mutual Insurance Cooperative offers a dual portfolio of insurance products organized into Commercial Lines and Personal Lines divisions. The Commercial Lines division specializes in the food trade niche market, providing coverage for restaurants, bakeries, pizzerias, coffee shops, and other retail establishments. The Personal Lines division covers residential properties including homeowners, renters, manufactured homes, dwellings, landlord packages, and condominiums. Supporting these products are two technology platforms: Mutual Expert, a billing and payment system enabling automatic recurring payments from bank accounts or credit cards, and INSPRO Enhanced Quoting, an insurance quoting platform for agents and brokers. The company operates primarily in New York State and has been serving policyholders since 1913.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Lines Insurance
- Personal Lines Insurance
- Mutual Expert Billing & Policyholder Portal
- INSPRO Enhanced Quoting
Companies that use Associated Mutual Insurance Cooperative
Customer profileSegments2 records
Ideal customer profiles2 records
Associated Mutual Insurance Cooperative technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Associated Mutual Insurance Cooperative partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor.
- New York Insurance Association (NYIA)minorIndustry association membership providing networking and advocacy resources for insurance companies operating in New York State
- Underwriters Rating BoardminorRating and certification body for insurance industry; membership indicates adherence to industry standards
- Professional Insurance Agents (PIA)minorProfessional association for insurance agents; supports independent agents who sell Associated Mutual products
- Mutual Boiler ReminorReinsurance company specializing in boiler and machinery coverage for mutual insurance companies
- Cooperative Federal Credit UnionminorCredit union partnership providing financial services to policyholders and employees
- Federal Alliance For Safe Homes (FLASH)minor501(c)(3) nonprofit organization advocating for home strengthening and disaster preparedness; Associated Mutual shares FLASH resources with policyholders for climate change and disaster preparedness information
Scale indicators2 records
Recent moves8 records
Expansion highlights3 records
Associated Mutual Insurance Cooperative competitors and assessment
Company assessmentDirect peers
- Shelter Insurance: Mutual insurance company writing personal and commercial lines through exclusive and independent agents in the Midwest and South. Comparable mutual cooperative structure, multi-line property-casualty book, and regional concentration strategy.
- Utica National Insurance Group: Mutual insurance group headquartered in New Hartford, NY, writing personal and commercial lines through independent agents across the Northeast. Comparable in mutual structure, geographic footprint overlapping New York, and agent-driven distribution.
- Penn National Insurance: Regional mutual property-casualty insurer serving Pennsylvania and adjoining Mid-Atlantic/Northeast states through independent agents. Similar mutual cooperative model, comparable small-mid commercial and personal lines portfolio, and regional concentration strategy.
- Donegal Group: Regional P&C holding company operating mutual insurance subsidiaries (Donegal Mutual Insurance, Atlantic States Insurance) in the Mid-Atlantic and Northeast. Comparable in mutual cooperative roots, regional concentration, and personal/commercial lines mix distributed through independent agents.
- New York Central Mutual Insurance (NYCM): New York-based mutual property and casualty insurer founded in 1899, serving New York State policyholders through independent agents. Most direct comparable—same state, mutual structure, similar personal/commercial lines focus, and similar regional mutual cooperative ethos.
- Main Street America Insurance: Mutual P&C insurance group (formerly National Grange Mutual) writing small commercial and personal lines through independent agents across the eastern US. Comparable mutual structure, small-commercial focus, and independent agent distribution model.
Broad incumbents
- Erie Indemnity: Larger mutual P&C insurer (Erie Insurance Exchange) operating across the Northeast, Mid-Atlantic, and Midwest with personal and commercial lines. Broader geographically but shares mutual structure, agent-distribution model, and multi-line property-casualty focus.
- Selective Insurance Group: Standard market P&C insurer focused on small-to-mid commercial accounts in the Northeast and Mid-Atlantic. Comparable in commercial lines emphasis and regional agent distribution, though larger and broader in product offering.
- Cincinnati Financial: Large mutual P&C insurer known for specialty commercial lines and independent agent distribution. Comparable in mutual structure and agent-driven specialty commercial focus, though at much larger scale and broader geographic reach.
Regional players
- New Jersey Manufacturers Insurance Group (NJM): Mutual P&C insurer operating primarily in New Jersey and Pennsylvania with personal and commercial lines through direct and agent channels. Comparable mutual cooperative model and Northeast regional focus, though with different state concentration.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Associated Mutual Insurance Cooperative social profiles
Digital presenceAssociated Mutual Insurance Cooperative financial estimates
Financial estimateRevenue estimate
Valuation estimate
Associated Mutual Insurance Cooperative leadership team
Management profileNumber of profiles
Profiles14 records
Associated Mutual Insurance Cooperative funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Associated Mutual Insurance Cooperative M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Associated Mutual Insurance Cooperative
What does Associated Mutual Insurance Cooperative do?
Associated Mutual Insurance Cooperative provides property and casualty insurance products organized into Commercial Lines (specializing in food trades and mercantile businesses such as restaurants, pizzerias, bakeries, delis, coffee shops, retail establishments, and mixed-use commercial properties) and Personal Lines (residential coverage including homeowners, renters, manufactured homes, dwellings, landlord packages, and condominiums). The company distributes these insurance products through independent agents and brokers across New York State, with supporting technology platforms (INSPRO Enhanced Quoting for agents, Mutual Expert portal for policyholders, and Xpress-pay for online payments). Crime coverage and inland marine coverage are available under certain policy types.
Is Associated Mutual Insurance Cooperative a public or private company?
Associated Mutual Insurance Cooperative is a private company. It is classified as management employee owned and is currently operating.
When was Associated Mutual Insurance Cooperative founded?
Associated Mutual Insurance Cooperative was founded in 1913. It employs 11 to 50 people.
Where is Associated Mutual Insurance Cooperative based?
Associated Mutual Insurance Cooperative is headquartered in Woodridge, United States, in the North America region.
How does Associated Mutual Insurance Cooperative make money?
One revenue line is on record: insurance Premiums.
Who are Associated Mutual Insurance Cooperative's main competitors?
Direct peers on record are Shelter Insurance, Utica National Insurance Group, Penn National Insurance, Donegal Group, New York Central Mutual Insurance (NYCM) and Main Street America Insurance. Broad incumbents are Erie Indemnity, Selective Insurance Group and Cincinnati Financial. New Jersey Manufacturers Insurance Group (NJM) is listed as a regional player.
Does Associated Mutual Insurance Cooperative have an API?
No public API is recorded for Associated Mutual Insurance Cooperative.
What industry is Associated Mutual Insurance Cooperative in?
Associated Mutual Insurance Cooperative's product category is Property & Casualty Insurance. Its primary akta.pro industry code is FSAJAFAB, Mid-Market Commercial Package (Package Policies), with a secondary code of FSAJACAE, Commercial Property Insurance. Its NAICS code is 524126 and its SIC code is 6331.