Pekin Insurance Competitors, Revenue, Alternatives and Pricing

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Overview

Location:
Pekin, IL USA
Total Funding:N/A
Industry:Insurance
Founded:1921
Lead Investor(s):N/A

Estimated Revenue & Financials

  • Pekin Insurance's estimated annual revenue is currently $217.1M per year.(?)
  • Pekin Insurance's estimated revenue per employee is $220,000

Employee Data

  • Pekin Insurance has 987 Employees.(?)
  • Pekin Insurance currently has 1 job openings.

In 1921 with one part-time secretary and 187 policies, Pekin Insurance made its modest entrance into the arena of the insurance industry. By 1939, the Company had 20,000 policies in effect, followed with 30,000 by 1945. Fire insurance was added to auto insurance as a new coverage line in 1952 and the Home Office had grown from a small, donated office space to a four-story building. Pekin Insurance Company was formed as a companion to the original Farmers Auto in 1961. General liability and workers compensation coverages were also added at that time. During the next four years, the Company continued to grow with the formation of "PAC," a premium finance company, and Pekin Life Insurance Company. As a result of this growth, the name "Pekin Insurance" was adopted to cover the entire range of Company activity.

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