You want a partner that understands your risks. One that's financially stable and here to support you over the long term. And, if you're looking for business insurance, you want someone who knows your risks and the issues you are facing. That's what you'll find in the Old Republic General Insurance Group.
Our decentralized business model puts specialists directly on the front line, so you get a level of service and expertise not commonly found in the industry. We work hard to understand your needs and give you the right solutions. Each of our companies has full accountability for the segments they serve within the Property & Casualty marketplace. This means we can respond quickly and effectively to your needs — today and every day.
We have spent the better part of the last century developing specialized expertise in our insurance coverage offerings and our clients' industry segments. While each Old Republic General Insurance Group company is a specialist, collectively our expertise is broad and encompassing across the Property & Casualty marketplace. Our philosophy is simple — understand each client's unique challenges and develop the right solution for their risk. Over the years, we have also learned what many of our clients with similar insurance coverage needs or industries have in common. This two-fold approach gives you the depth of resources and expertise to create the right solutions for you, and a long-term partner.
Our parent company, Old Republic International Corporation (NYSE: ORI), ranks among the nation's 50 largest publicly held insurance organizations, with a substantial interest in major segments of the industry. The Company is primarily a commercial lines underwriter, serving many of America's leading industrial and financial services companies as valued customers.
Our Mission is to provide quality insurance security and related services to businesses, individuals and public institutions, and be a dependable long-term steward of the trust that policyholders and other important stakeholders place in us.
The Company has consolidated assets of approximately $19.40 billion as of December 31, 2017 and common shareholders' equity of $4.73 billion or $17.72 per share. As of that date, its stock market valuation was approximately $5.49 billion or $20.40 per share.
We take a distinctive, collaborative approach and believe in building relationships the "old fashioned way." You benefit from our local presence, people with extensive knowledge of the coverage you need or industry you're in, as well as any related regulatory, managed care, and claims environments. This high-touch approach differentiates us, fostering trust and ties between our people and the clients we serve. Our underwriting, Third Party Administration (TPA) services, risk control, and claims management create a comprehensive approach that provides you with the right solutions.