PHOENIX, Nov. 19, 2018 (GLOBE NEWSWIRE) -- CopperPoint Insurance Companies has been named the fifth fastest growing private company in Arizona by the 2018 Arizona Corporate Excellence (ACE) Awards sponsored by the Phoenix Business Journal.
“CopperPoint’s vision is to be a top-tier regional commercial insurance company, and the preferred partner for business owners, agents and brokers in the communities we serve,” said Marc Schmittlein, President & CEO of CopperPoint Insurance Companies. “With our recent acquisition of Pacific Compensation Insurance Company, we are building on our 90-year history in the state of Arizona as we continue to execute on our strategic growth initiatives. We are proud to be recognized with so many other leading businesses that are continuing to pave the way in Arizona and invest in our magnificent state.”
CopperPoint also ranked number 11 on the list of the 50 top private companies moving up from number 13 in 2017.
The goal of the ACE Awards is to develop an increasing sense of knowledge-sharing and community among private companies in the state by naming the 50 largest and the top 25 fastest growing companies. Collectively, the largest private companies in Arizona generate revenues of greater than $15 billion per year, employ more than 40,000 employees in the state and 56,000-plus worldwide. These companies are important to the economy of Arizona and to the families of their employees.
About CopperPoint Insurance Companies
Founded in 1925, CopperPoint Insurance Companies are dedicated to protecting and empowering conscientious business owners. Our vision is to be a top-tier regional commercial insurance company and the preferred partner for business owners, agents and brokers in every community we serve.
CopperPoint is a multi-line commercial insurance company, offering an expanded line of products to ensure peace of mind to business owners, their employees and customers, building on our 90-year history as a leading provider of workers’ compensation insurance. As a mutual insurance company with $4 billion in assets, a policyholder surplus of nearly $1.5 billion and no debt, CopperPoint embodies stability and sustainability for over 13,000 policyholders generating approximately $400 million in revenue.
Headquartered at CopperPoint Tower in Phoenix, Arizona, with offices in Westlake Village, California, our team of talented professionals embrace Corporate Responsibility through active engagement in the communities we serve. The companies that comprise the CopperPoint Family of Insurance Companies are rated A- (Excellent) by A.M. Best. For more information, visit www.copperpoint.com.