Acuity marks its 95th year in business on August 24, 2020. The insurer began operations in 1925, when it was founded as the Mutual Automobile Insurance Company of the Town of Herman. Today, Acuity manages over $5 billion in assets and $2.5 billion in surplus and is the 62nd largest property-casualty insurer in the nation.

“Over 95 years, we have built a foundation based on technology, relationships, and underwriting that will catapult us to the future. We’re excited about what lies ahead,” said Ben Salzmann, Acuity President and CEO.

In particular, the past 20 years at Acuity have seen a remarkable transformation, beginning with the company’s corporate culture. “We’ve undergone a cultural metamorphosis, transforming from a rigid workplace that suffered 28 percent annual turnover prior to 2000 into one of the best companies to work for anywhere,” Salzmann said.  

Acuity’s cultural renaissance has contributed to its financial success. Year after year, Acuity has outperformed the industry, and the company did so again in 2019, growing its revenue 7.5 percent while recording a combined ratio of just 95.2. Most important, the company’s achievements over its first 95 years in business position the company well for continued growth and success. 

“We’ve become a leading regional insurer by recruiting and retaining top employees and agents and providing them the best technology the industry has to offer,” Salzmann said. “We are poised operationally, strategically, and financially to create a successful future for all our stakeholders—agents, policyholders, and employees. Acuity is a company that people can rely on, year after year.”

Acuity Insurance, headquartered in Sheboygan, Wisconsin, insures over 100,000 businesses, including 300,000 commercial vehicles, and nearly a half million homes and private passenger autos across 28 states. Rated A+ by A.M. Best and S&P, Acuity employs over 1,400 people.