Headquarters: 1905 N.W. Corporate Boulevard, Boca Raton, FL 33431
www.lumbermensunderwriting.com

Total assets as of 2009: $337,634,000

Key officers: Christine E. Lynn, Chair of the Board & Chief Executive Officer

Tracing its roots back to the boom times of the lumber industry, Lumbermen’s Underwriting Alliance still provides insurance for the forest product industries as well as professional employment organizations, assisted living facilities, and the plastics industry. Its Alliance Package property policy can be tailored for various coverage types including for equipment breakdown, inland marine, commercial crime, and building/personal property. The company operates throughout the U.S. and Canada and also offers surety bonds and worker’s compensation.

Some quick facts about Lumbermen’s Underwriting Alliance:

Due to the high risk of working in the lumber business, insurance companies at the turn of the century offered expensive insurance policies or none at all to workers. In response, 23 lumbermen joined together to form the company in 1905 so affordable insurance protection could be given.

Lumbermen’s Underwriting Alliance recently received a “B++” rating from A.M. Best for financial strength.

Source: Lumbermensunderwriting.com, hoovers.com

Compiled by Life Quotes, Inc. staff