Physicians Mutual

Physicians Mutual is a mutual insurance company headquartered in Omaha, Nebraska, United States. It consists of Physicians Mutual Insurance Company and Physicians Life Insurance Company.[1]

Physicians Mutual
TypePrivately held
IndustryInsurance
Founded1902 (1902)
FounderEdwin E. Elliott
HeadquartersOmaha, Nebraska
Websitephysiciansmutual.com

Today the company offers a variety of insurance products, annuities, Medicare, Medigap, Medicare Supplement, Term Life Insurance, Whole Life Insurance, and cancer and funeral pre-planning services.[2]

The company holds over US$4 billion in assets and employs over 1000 people,[3] and has Rob Reed as its president and chief executive officer.[4]

History

  • 1902 - Founded as Physicians Mutual Insurance Company [5] by Edwin E. Elliott, Physicians Mutual began by selling health insurance to medical professionals.
  • 1962 - Policies were offered to the general public.
  • 1970 - The company expanded into life insurance when it founded Physicians Life Insurance Company.[1]
  • 2012 - To better address the increasing demands of funeral home owners and the families they represent, the company joined the funeral pre-planning business.
  • 2019 - Physicians Mutual Insurance Company introduced a new marketing advertisement highlighting the anxiety faced by the ever-increasing number of baby boomers aging into retirement, bringing in fun comedic actor John Michael Higgins to battle a band of monsters and trying to alleviate the fear.[6]

References

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