Westfield Insurance
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| Company type | Privately held |
|---|---|
| Industry | Finance and insurance |
| Founded | 1848 |
| Headquarters | Westfield Center, Ohio |
Key people | Ed Largent, Westfield Insurance President, CEO, and Board Chair[1] |
| Revenue | $1.9 billion USD (2015)[2] |
Number of employees | 2,400 |
| Website | www |
Westfield Insurance, the primary subsidiary of Westfield Group,[3] is a multi-line provider of business property and liability insurance, personal lines insurance (including auto, homeowner's and specialty), agribusiness insurance, and surety bonds.
About
[edit]Westfield began as Ohio Farmers Insurance Company in 1848 when a group of farmers joined forces to insure their properties.[4]
In November of 2023, Westfield Insurance Company marked its 175th anniversary. A milestone highlighting its long-standing presence in the insurance industry. The company has been recognized for its contributions to both the insurance sector and the community throughout its history. This celebration underscores Westfield's sustained commitment and its evolving role in the market over the years.[5]
Operations
[edit]Based in Westfield Center, Ohio, the company employs over 2,400 nationwide, including 1,500 in its home office. It is the largest employer in Medina County. Westfield's products are distributed through a network of more than 1,000 independent insurance agents.[6]
Headquarters
[edit]In addition to Westfield's home office, the Blair Center Conference Center, Westfield Bank, and a private hotel called Westfield Inn are also located on the company grounds in Westfield Center. The company also owns the Westfield Country Club, a 36-hole championship golf course that hosted the Junior PGA Championship until 2007.[citation needed]
Sponsorships
[edit]The company sponsors Straight "A" All-Stars with the Cleveland Cavaliers.[7]
References
[edit]- ^ "Westfield Group Leaders".
- ^ "2014 Annual Report" (PDF).
- ^ "AM Best Revises Issuer Credit Rating Outlook to Negative for Westfield Insurance Company and Affiliates". Yahoo Finance. 2024-02-26. Retrieved 2024-08-27.
- ^ "Westfield Homeowners Insurance Review 2024 – Forbes Advisor". www.forbes.com. Retrieved 2024-08-27.
- ^ Mary Jane Brewer, special to cleveland com (2023-11-20). "Westfield insurance company celebrates 175th anniversary". cleveland. Retrieved 2024-08-27.
- ^ Troy, Terry (July 31, 2020). "Charting a Way Forward". Ohio Business Magazine. Retrieved 2024-09-20.
- ^ Westfield Insurance: About Us: Sponsorships: High School Scholastic Competitions