Sentry Insurance a Mutual Company (Sentry) and its subsidiaries and affiliates offer a variety of insurance products, including personal auto, homeowners, and other property/casualty lines, as well as life policies and annuities. Sentry provides specialized insurance to businesses of all sizes, including manufacturers, retailers, and truckers. The company also offers employee benefits, investment, and retirement options for group accounts. Sentry was founded in 1904 to provide insurance to members of the Wisconsin Retail Hardware Association. The mutual company is owned by its policyholders.
Sentry covers more than 1.1 million policyholders scattered throughout the US. The firm's property/casualty policies are underwritten by the Sentry Insurance Group entities, including Parker Centennial Assurance, Dairyland Insurance, and Middlesex Insurance. Life insurance, pensions, and annuities are provided by Sentry Life Insurance Company and Sentry Life Insurance Company of New York. Its Sentry Equity Services unit offers mutual fund services.
Sentry has assets of $15.8 billion and a policyholder surplus nearing $4.8 billion.
From more than 10 field offices and its headquarters (in Stevens Point, Wisconsin), Sentry serves customers in 49 states across the US.
Sales and Marketing
Sentry primarily sells its policies conducted through a network of independent agencies throughout the US; the company also uses some internal sales agents to promote its policies. Sentry serves business customers in industries including electronics, food processing, metalwork, farm equipment, plastics, and printing; it also serves retail and distribution companies, as well as individuals and families.
The firm works with a number of other industry trade groups, including the Business Technology Association,
Sentry customers include
In fiscal 2016, Sentry's revenue increased 5% to $3.1 billion due to increased premiums earned; these gains were offset, though, by a decline in investment income. Net income also dropped that year, falling to $221.7 million as Sentry faced higher operating expenses.
Sentry has expanded by forming partnerships and affiliations with industry trade groups. It also grows through occasional acquisitions and product development efforts.
The company rebranded itself as simply "Sentry" in mid-2016; it also launched a new logo. The moves signal a new phase for Sentry, which offers more types of products and services including employee benefits and 401k plans.
1800 NORTHPOINT DR
Stevens Point, WI 54481-1283
Phone: 1 (715) 346-6000
Employer Type: Privately Owned
VP and CFO: Dewey A. Gantz
Chairman, President, and CEO: Pete G. McPartland
SVP and CIO: James D. Stitzlein
Employees (This Location): 1,388
Employees (All Locations): 4,830
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