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The Western Reserve Group · Wooster, OH United States

Company Description

1685 Cleveland Rd.
Wooster, OH
44691
United States (Map)
Phone: 330-262-9060
Fax: 330-262-3259
Toll Free: 800-362-0426
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    The Western Reserve Group sells personal and commercial property/casualty coverage to policyholders in Ohio and Indiana. The group consists of three property/casualty insurers -- Lightning Rod Mutual Insurance, Western Reserve Mutual Casualty, and Sonnenberg Mutual Insurance -- that pool their premiums, expenses, losses, and other liabilities. The Western Reserve companies offer personal auto, homeowners, and umbrella policies, as well as commercial and farm coverage, including workers' compensation. The company sells its products through some 400 independent agents. The Western Reserve Group traces its roots back to 1859, when Sonnenberg Mutual Insurance was founded. To read the full description, subscribe now.
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    Key The Western Reserve Group Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees267

    The Western Reserve Group Executives

    11 executives listed for The Western Reserve Group's Wooster, OH location.
    TitleName & BioContact
    ChairmanRonald HoltmanNetwork
    President, Secretary and DirectorJohn MurphyNetwork
    VP Finance, CFO and TreasurerMichael ShuttNetwork

    Competition

    Competitive Landscape for The Western Reserve Group
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
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    Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!