Headquarters: 1111 Ashworth Road, West Des Moines, IA 50265
http://www.guideone.com
2009 Net Income: $44.6 million
Key Officers: Jim Wallace, President and Chief Executive Officer; Mark Joos, Senior Vice President and Chief Financial Officer; Tom Fischer, Senior Vice President and Chief Investing Officer.
Founded in Iowa in 1947 as a company who would insure non-drinkers at lower rates, GuideOne Insurance now caters to a niche market and is one of the largest church insurers.
The company’s FaithGuard Auto provides protection to people from all faiths, including: a waived deductible in the case of an accident to or from a worship activity; church tithing or donations covered if the insured suffers a loss of income from a disability resulting from an auto accident; and doubled medical limits if the insured is in an accident while driving directly to or from a worship activity.
In May 2010, GuideOne’s financial strength rating was upgraded to “A” Excellent from an “A-” by A.M. Best Company, an independent insurance rating company. Only 10.5 percent of property/casualty insurance companies hold a higher rating.
Sources: http://www.guideone.com, Hoover’s
Compiled by Life Quotes, Inc. staff





