About Us
ABOUT US
Century Insurance Group is a premier provider of excess and surplus lines insurance and is a division of AF Group, whose brands are premier providers of innovative, specialty insurance solutions nationwide. We manage business across three distinct segments – core commercial, specialty lines underwriting, and specialized programs. We underwrite general liability, commercial property, and multi-peril insurance for small and mid-sized businesses through a select network of general agents and brokers.
Most of our agents and brokers have partnered with Century for over a decade. This mutual commitment and support is a testament to the care we take in relationship building and service. In a marketplace that has seen companies come and go, we attribute our staying power to our commitment to underwriting discipline and exceptional service.
As an early adopter of technology, in 2002 Century Insurance Group developed and implemented our own policy management system. Since then, we were one of the first excess and surplus lines carriers to develop an online tool for agents to rate, quote, and bind business, and we’ve been on the leading edge of Application Programming Interface (API) capabilities. We believe that technology has the ability to create efficiencies for us and our agents, but that it cannot replace or lessen the importance of relationships.
Century Insurance Group is not just another carrier, we’re a partner!
OUR HISTORY
1978 | Founded to write coal mine reclamation bonds |
1984 | Began writing excess & surplus lines insurance |
1988 | Acquired Alliance Indemnity Insurance Corporation |
1993 | Acquired Evergreen National Indemnity Company |
1996 | Acquired Republic Environmental Systems Inc. |
2000 | Management led buyout |
2004 | IPO raising $93.5 million in gross proceeds; established Garage and Programs units; spun-off Evergreen National Indemnity Company & Continental Heritage Company |
2005 | Acquired admitted company shell and established marine unit |
2006 | Launched Century Online |
2007 | Established Environmental Unit |
2008 | Acquired by AmeriTrust (formerly Meadowbrook) |
2009 | Established Excess/Umbrella Unit |
2015 | Fosun International acquired AmeriTrust |
2019 | AM Best Upgrades Credit Ratings of AmeriTrust Group Members to “A-” (Excellent) with Positive Outlook |
2022 | Acquired by AF Group, through its subsidiary, Accident Fund Insurance Company of America |
2024 | AM Best Upgrades Credit Ratings of AmeriTrust Group Members to “A” (Excellent) with Stable Outlook |