Eagle Point Mutual Insurance Company

What Eagle Point Mutual Insurance Company does

Eagle Point Mutual Insurance Company is a Wisconsin-domiciled mutual (policyholder-owned) property insurance carrier founded in 1879 and headquartered at 23 West Central Street in Chippewa Falls. The company provides property insurance to rural and small-town Wisconsin residents across three primary use-case segments: farm and country estate owners (primary), homeowners, and small business operators/artisans. Its core product portfolio comprises nine lines, including Farmowners, Country Estate, Homeowners, Mobile, Fire & Extended Coverage, Special Property, Businessowners, Artisans, and standalone Liability Coverage, with specialized farm endorsements such as contaminated milk, peak season, and Farm Pac.

Eagle Point distributes exclusively through independent insurance agencies, working with 14 agencies across 26 Wisconsin counties as of 2019, having expanded from 9 original townships. Revenue is generated through recurring property and casualty insurance premiums (over $1.3M annual premiums disclosed as of 2014, with $2.72M policyholder surplus). In 2015 the company converted to non-assessable mutual status, removing policyholder assessment liability. The company operates with very lean staffing (1-10 employees) and relies on third-party insurance technology platforms, including BriteCore for policyholder billing and IMT Apps and apps-system.com for agent and payment workflows, rather than proprietary core systems. Marketing is conducted primarily through community sponsorships of county fairs, the Northern Wisconsin State Fair, local youth programs, and youth livestock auctions.

Name

Eagle Point Mutual Insurance Company

Legal name

Eagle Point Mutual Insurance Company

Website

https://eaglepointmutual.com

Company type

Private

Founded year

1879

Operating status

Operating

Headcount range

1–10 employees

Short description

Eagle Point Mutual Insurance Company is a 145-year-old Wisconsin mutual property insurer providing farm, home, and small-business coverage through 14 independent agencies across 26 counties, serving rural policyholders as a policyholder-owned carrier.

Ownership category

akta.pro rank

Headquarters

HQ city

Chippewa Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Property and Casualty Insurance Premiums: Eagle Point Mutual Insurance Company generates revenue through insurance premiums collected from policyholders. The company is a mutual insurance company, meaning it is owned by its policyholders. As of 2014, annual premiums collected totaled over $1,300,000.

Distribution channels1 record

Marketing channels1 record

Core offering

Eagle Point Mutual Insurance Company is a Wisconsin mutual insurance carrier that underwrites and sells property and casualty insurance policies for farms, country estates, homes, mobile homes, small businesses, contractors, and liability risks. Its nine core product lines — Businessowners, Artisans, Homeowners, Mobile, Fire & Extended Coverage, Special Property, Farmowners, Country Estate, and Liability Coverage — are distributed through 14 independent agencies across 26 Wisconsin counties. As a mutual, the company is owned by its policyholders and reinvests premiums locally.

Product overview

Eagle Point Mutual Insurance Company offers a unified property insurance portfolio covering home, farm, and business properties. The product lineup consists of nine core offerings: Businessowners and Artisans (targeting small businesses and contractors), Homeowners and Mobile (for residential properties), Fire & Extended Coverage and Special Property (for specific peril coverage), Farmowners and Country Estate (for agricultural and rural properties), and Liability Coverage as a standalone or bundled offering. The company operates as a traditional mutual insurance provider with a full line of property insurance, with specialized farm coverage including unique endorsements like Farm Pac and contaminated milk coverage.

Differentiator

Problem solved

Functional benefit

Products and services

• Businessowners Property and liability insurance coverage designed for small Wisconsin businesses such as mom-and-pop shops, cleaning services, landscaping businesses, office buildings, and apartments. Sold through independent insurance agencies to small business owners across 26 Wisconsin counties.
• Homeowners Property insurance policies tailored to Wisconsin homeowners with options for market value, actual cash value, seasonal homes, or preferred new homes coverage. Sold through independent insurance agencies to individual homeowners.
• Mobile Property insurance coverage for mobile/manufactured homes, serving Wisconsin residents who own mobile homes. Sold through independent insurance agencies.
• Fire & Extended Coverage Property insurance coverage protecting against fire damage and extended perils such as windstorm. Sold through independent insurance agencies across Wisconsin.
• Special Property Specialized property insurance coverage for unique or non-standard property risks that do not fit standard homeowners or businessowners policies. Sold through independent insurance agencies across Wisconsin.
• Artisans
• Farmowners Comprehensive farm insurance for Wisconsin farmers, with specialized coverages including replacement cost, contaminated milk, peak season, weight of ice and snow, custom farming, Farm Pac endorsement, farm equipment, livestock, and horse liability. Sold through independent insurance agencies.
• Country Estate
• Liability Coverage Liability protection for Wisconsin policyholders including non-owned and hired auto, farm trucks, and horse liability, available as a standalone or bundled offering. Sold through independent insurance agencies.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Acuity Insurance: Sheboygan, Wisconsin-based property and casualty insurer writing personal, commercial, and farm insurance across the Midwest. Comparable to Eagle Point as a Wisconsin-headquartered P&C carrier with farm and rural business offerings, but operating at much greater scale with sophisticated technology and direct writing.
• Rural Mutual Insurance Company: Wisconsin-based mutual property/casualty insurer serving farms, homes, and businesses across the state. Compared to Eagle Point, it operates at materially greater scale with a broader product suite and direct agent network, but shares the mutual structure and Wisconsin rural customer focus.
• Society Insurance: Wisconsin-based mutual insurer focused on commercial lines including small business, artisan contractors, and light manufacturing. Comparable to Eagle Point as a Wisconsin mutual writing businessowners-type coverage, but at much larger scale and with broader geographic territory.
• West Bend Mutual Insurance Company: Wisconsin-headquartered mutual insurance company writing personal, commercial, farm, and specialty lines across the Midwest. It is comparable to Eagle Point as a Wisconsin-domiciled mutual with similar property/casualty and farm focus, but at significantly larger scale with broader geographic reach.

Regional players

• IMT Insurance (Iowa Mutual Tornado): Midwest regional mutual property/casualty carrier headquartered in Iowa with deep Wisconsin farm and rural business presence. Comparable to Eagle Point as a Midwest mutual farm property writer, but larger and operating across multiple Midwestern states.

Others

• Wisconsin Reinsurance Corporation: Wisconsin's reinsurance facility providing excess-of-loss and reinsurance support to the Wisconsin Town Mutual system. Relevant to Eagle Point as a likely reinsurance counterparty supporting catastrophic risk transfer for small Wisconsin town mutuals.

Direct peers

• Mt. Morris Mutual Insurance Company: Wisconsin Town Mutual writing property insurance for homes, farms, and small businesses in a similar western Wisconsin footprint. Comparable to Eagle Point as a small Wisconsin town mutual with mutual ownership, limited headcount, and independent-agency distribution.
• Watertown Mutual Insurance Company: Wisconsin-based Town Mutual providing property and liability coverage for farms, homes, and small businesses. Comparable to Eagle Point in size, mutual structure, product mix, and reliance on Wisconsin independent agency distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/eddieeaglepoint
• Facebookfacebook.com/Eagle-Point-Mutual-Insurance-136015169780441
• LinkedInlinkedin.com/company/eagle-point-mutual-insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 Eagle Point Mutual Insurance Company