Security Mutual, over the years, has grown from a small "county co-operative" writing $1,273.00 in premiums, to a regional carrier writing $29,000,000 in 2000. Growth was achieved through sales by Independent Agencies in New York State and also through mergers with The West Seneca Mutual Fire Insurance Association in 1957, The Canton (NY) Co-operative Fire Insurance Company in 1964, as well as, the Security Mutual Fire Insurance Company of Delhi, New York.
Today, Security Mutual Insurance Company writes business through 420 Independent Agencies throughout New York State. Security Mutual currently writes $29 million, primarily in personal lines business. Security Mutual has $54,000,000 in assets and over $25,000,000 of policyholder surplus.
The Security Mutual Insurance Company Mission - The way it is, is the way it was. While the company has grown from $1200 in direct written premiums in 1887 to nearly $30 million in direct written premiums today, Security Mutual Insurance Company continues "To provide high-quality property casualty insurance products for our agents and policy holders in a prompt, courteous and cost-efficient manner."
"Acting with integrity and high business ethics, our goal is to provide unparalleled customer satisfaction, and to generate long-term financial stability for the mutual benefit of our agents, policyholders and employees."