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Arbella Insurance Group

8,398 bytes added, 15:43, 17 September 2018
Reverted to revision 820819306 by 170.63.64.78 (talk): Rv COI edits. (TW)
{{Infobox company
| name = Arbella Insurance Group
| logo = Arbella 3PMS Tag.jpg
| logo_caption =
| image =
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| trading_name = <!-- d/b/a/, doing business as - if different from legal name above -->
| native_name = <!-- Company's name in home country language -->
| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. If there is more than one native name, in different languages, enter those names using {{tl|lang}}, instead. -->
| romanized_name =
| former_name =
| former type =
| type = Mutual
| traded_as =
| industry = Insurance
| genre = <!-- Only used with media and publishing companies -->
| fate =
| predecessor =
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| foundation = {{Start date|1988}}
| founder =
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| location_city = [[Quincy, Massachusetts]]
| location_country = [[United States]]
| locations = <!-- Number of locations, stores, offices, etc. -->
| area_served =
| key_people = John Donohue (President and CEO) <br> [[Francis X. Bellotti]] (Vice Chairman)
| services = Insurance
| revenue =
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| aum = <!-- Only used with financial services companies -->
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| homepage = {{URL|arbella.com}}
}}

'''Arbella Insurance Group''', headquartered in [[Quincy, Massachusetts]], United States, is a regional property and casualty [[insurance company]] providing business and personal insurance in Massachusetts and Connecticut, as well as business insurance in Rhode Island and New Hampshire.

==The Independent Agent Model==

Since its conception, Arbella Insurance Group has adopted the independent agent model, as opposed to several national insurance companies known as “direct writers,” who allow prospective customers to receive a quote instantly online, and to then purchase their insurance policies the same way. Arbella Insurance Group serves as a [[Insurance carrier|carrier]], partnering with independent [[insurance agent|insurance agencies]] throughout New England to write lines of commercial and personal insurance for its customers.<ref>Arbella Insurance Group 2010 Annual Report. Rep. Web. <http://www.arbella.com/app_mediaassets/arbellaannual2010_20111003t095008_en.pdf>.</ref>

==History==

In 1988, [[Kemper Corporation|Kemper Insurance Group]] announced its intentions to withdraw from the Massachusetts auto market. A key piece of legislation was needed to make the company solvent in the Massachusetts market, and within 30 days, the key piece of legislation needed to form Arbella passed.<ref>Bailey, Douglas M. "State Approves New Kemper Firm Company Would Handle Auto Business." The Boston Globe [Boston] 9 Apr. 1988. Print.</ref>

In 2008, the Massachusetts Commissioner of Insurance made the decision to “discontinue the practice of state-set rates for private passenger auto insurance and allow insurers to propose rates.” <ref>"Auto Competition Coming to Massachusetts." Standard Publishing Corporation. Standard Publishing, 16 July 2007. Web. 05 Jan. 2012. <http://www.spcpub.com/article_1005_Auto-Competition-Coming-to-Massachusetts.cfm>.</ref> A monumental occurrence for Massachusetts insurers, this decision came after the ill-fated 1977 attempt to allow full competition in the [[private passenger auto]] market.<ref>"Mass. Commissioner Opts for Auto Competition." Standard Publishing Corporation. Standard Publishing, 16 July 2007. Web. <http://www.spcpub.com/article_994_Mass-Commissioner-Opts-for-Auto-Competition.cfm>.</ref>

John Donohue, President and CEO of Arbella, spoke about how his company would fare in this new climate of competition. He reported that Arbella was “not only ready to adapt, but also to succeed and prosper in this new business environment.” <ref>"Auto Competition Coming to Massachusetts." Standard Publishing Corporation. Standard Publishing, 16 July 2007. Web. 05 Jan. 2012. <http://www.spcpub.com/article_1005_Auto-Competition-Coming-to-Massachusetts.cfm>.</ref>

==Founders==
*John Donohue <ref>"Donohue Takes CEO Reins at Arbella." The Boston Globe [Boston] 15 Mar. 1996, Economy sec. Print.</ref>
*Frank Bellotti <ref>Shanahan, Mark, and [[Meredith Goldstein]]. "Ex-Attorney General Bellotti Honored."Boston.com. NY Times Co., 19 Feb. 2011. Web. <http://www.boston.com/ae/celebrity/articles/2011/02/19/ex_attorney_general_bellotti_honored/>.</ref>
*John J. Mooney

==Charitable Foundation==
Established in 2005, the '''Arbella Insurance Group Charitable Foundation, Inc. '''is committed to supporting local, [[nonprofit organizations]] who work to improve the lives of New England residents. The foundation has been recognized as a top corporate giver in Massachusetts.<ref>"BBJ Announces Top Corporate Contributors." Boston Business Journal. American City Business Journals, 8 July 2011. Web. <http://www.bizjournals.com/boston/news/2011/07/08/bbj-announces-top-corporate-contributors.html>.</ref>

===Mission===

The mission of the Arbella Insurance Group Charitable Foundation is to engage in community activities and support [[not-for-profit organizations]] that have a significant and positive impact on the people and communities served by Arbella.<ref>Kandarian, Paul E. "Quincy Businesswoman Honored by Interfaith Services - Boston.com."Boston.com. NY Times Co., 20 Nov. 2011. Web. <http://www.boston.com/yourtown/quincy/articles/2011/11/20/quincy_businesswoman_honored_by_interfaith_services/>.</ref>

===Employee and Agent Involvement===

In addition to matching gift and charity donation programs, Arbella Insurance Group employees are able to take advantage of a number of workday volunteer opportunities in their communities throughout each year.
Arbella’s independent [[insurance agents]] are also able to contribute, partnering with the foundation to give donations to organizations that support families and individuals in need.<ref>"Team Arbella Sets Pace in Sunday's Walk For Hunger." IStock Analyst. Web. 05 Jan. 2012. <http://www.istockanalyst.com/article/viewiStockNews/articleid/1822665> {{webarchive |url=https://web.archive.org/web/20160305011250/http://www.istockanalyst.com/article/viewiStockNews/articleid/1822665 |date=March 5, 2016 }}.</ref>

==Distractology 101==

Distractology 101 is a free training program currently offered by the Arbella Insurance Group Charitable Foundation, Inc. The mobile simulator, which travels to various New England schools, has been designed by The [[University of Massachusetts Amherst]] to train and educate new drivers on the dangers of [[distracted driving]].<ref>"Arbella Insurance and UMass: Partnering to Drive out Distractions on the Road - Boston Business Journal." Business News - The Business Journals. American City Business Journals, 9 Sept. 2011. <http://www.bizjournals.com/boston/print-edition/2011/09/09/partnering-to-drive-out-distractions.html>.</ref>

The program includes 45 minutes of instructional learning behind the wheel of a simulated car console. A web-based training component completes the program. Any driver, licensed for three or fewer years or who has their permit, is eligible for the free training. To date, 24 Arbella independent agents have hosted the tour, with more than 1,500 students completing the training.<ref>Bishop, Stewart. "Driving Simulator Course to Teach Beverly Teens about the Dangers of Distracted Driving - Beverly - Your Town - Boston.com." Boston.com. NY Times Co., 7 July 2011. Web. <http://www.boston.com/yourtown/news/beverly/2011/07/driving_simulator_course_to_te.html>.</ref>

Distractology 101 has gained national recognition for the positive impact it has had on high schools throughout the New England area, and its program continues to be in high demand.<ref>Shanahan, Mark. "Celts Are Driven to Help." Boston.com. 13 Apr. 2011. Web. <http://www.boston.com/ae/celebrity/articles/2011/04/13/celts_are_driven_to_help/>.</ref>

==References==
{{reflist}}

==External links==
* [http://www.arbella.com www.arbella.com]

[[Category:Insurance companies of the United States]]
[[Category:Companies based in Massachusetts]]
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