Electric Insurance Company

InsuranceMassachusetts, United States201-500 Employees

Electric Insurance Company is a national insurer providing auto, home, umbrella, and personal excess liability coverage for employers, individuals, and families. It partners with human resources teams and a selective group of voluntary benefits brokers to offer employee programs that can include relocation assistance and education resources available on-site or online. Its in-house agency handles concierge placement for recreational vehicles, nonstandard homes, and other specialty items to meet unique insured needs.

Founded in 1966 and based in Beverly, Massachusetts, the company holds an A rating from A.M. Best and has earned American Business Awards honors for claims handling and customer service; surveys have shown about 99% of customers would renew based on their claims experience. In June 2024, Electric Insurance Company was acquired by RiverStone Management Limited, with its subsidiaries Elm Insurance Company and Electric Insurance Agency also part of the transaction.

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