Infinity Property & Casualty Corporation

Infobox_Company | company_name = Infinity Property & Casualty Corporation
company_
company_type = Public
company_slogan =
foundation = 2002
location = Birmingham, Alabama, USA
key_people = James R. Gober, Chief Executive Officer
industry = Finance and Insurance
products =
revenue = profit$1.1 billion USD (2006)
num_employees = 2,100 (2006)
homepage = [http://www.infinityauto.com www.infinityauto.com]

Infinity Property & Casualty Corporation (NASDAQ|IPCC) is a national provider of car insurance. Infinity Insurance, a top-performing Infinity brand, provides nonstandard car insurance through more than 14,000 independent agents. Nonstandard insurance serves individuals unable to secure coverage through standard insurance companies. This can be due to a driving record with accidents and/or tickets, prior DUI, the driver’s age, vehicle type, or others.

History

Infinity Property & Casualty Corporation was formed in December 2002 when American Financial Group transferred to IPCC all outstanding common stock for Infinity Insurance Companies, Leader Insurance, Windsor Auto, Atlanta Casualty Companies, and Great American Personal Lines. IPCC became a publicly traded company in February 2003 on the NASDAQ Stock Exchange.

Products

Infinity offers three types of personal car insurance policies, which differ based on the amount of coverage they provide. Infinity also sells commercial vehicle and classic collector or exotic automobile policies.

Competition

According to its web site, Infinity is the third largest provider of nonstandard car insurance through independent agents in the nation. IPCC is also listed one of the top 50 Property and Casualty Insurance companies. Competitors include other writers of nonstandard insurance like GEICO and Progressive, as well as more traditional providers like Allstate, State Farm, USAA, and Nationwide.

Emerging Markets

According to an annual Brand Survey administered by the independent research group Sentenium [http://www.sentenium.com/hispanic.htm] in 2007, Infinity is "the most recognized brand among Hispanics" in California.

Eco-Friendly Focus

According to a [http://biz.yahoo.com/bizj/070226/1423575.html?.v=1 recent press release] , Infinity replaced its fleet of 400 sport utility vehicles with a more fuel efficient model. This move to become climate neutral is one part of an overall effort by Infinity to “go green”.

President and CEO Jim Gober discusses Infinity's new eco-friendly vehicle fleet. [http://www.phharval.com/resources/caseStudies/infinity_green.pdf] [http://www.youtube.com/watch?v=11XahJMrWJg]

External links

* [http://www.InfinityAuto.com Infinity Insurance official site]

* [http://www.futureonboard.com/ Infinity Insurance locations]

* [https://www.infinityauto.com/news-and-events/calendar.jsp Infinity Events Calendar]

TV Spots

Está buena la propagandaInfinity Auto Commercial "http://www.youtube.com/watch?v=aLfrvAa2XwI"

2007 "Eye Patch" Video Wins ACMP "Golden Award"
"http://www.infinityauto.com/eyepatch"

3rd Annual Infinity Cares Award Addresses High School Dropout Epidemic
"http://www.youtube.com/watch?v=5KdNOXMM7Xc"

References

Infinity Insurance to Sponsor Chicago's Navy Pier Fireworks
* [http://www.chicagobusiness.com/cgi-bin/news.pl?id=29820]

Infinity Back-to -School Hispanic Support
* [http://www.hispanicad.com/cgi-bin/news/newsarticle.cgi?article_id=25160]

Infinity: Success Stories from PHH Arval
* [http://www.phharval.com/resources/caseStudies/infinity_green.pdf Infinity's Green Initiative Takes a Drive]

Agents Alliance: Infinity Insurance Collecting Toys for Holiday
"http://www.insurancejournal.com/news/west/2007/11/27/85271.htm"

Insurance Journal Interviews Todd Gober on PASS Program
"http://www.insurancejournal.tv/videos/1188/"