Mercury Insurance, founded in 1962, provides auto and property-and-casualty insurance across 11 US states, pricing policies on individual driving records.
Mercury Insurance is an American insurance provider founded in 1962 with six employees and 90 agents. Six decades on, the company employs more than 4,200 people, works with 6,340 independent agents and holds total assets in excess of $8.3 billion. Its products are sold across 11 states.
The firm's central proposition is pricing based on individual driving records rather than a uniform rate for all drivers. Its flagship Auto Insurance line is offered at what the company describes as fair prices, backed by a Guaranteed Repair Program through authorised auto shops. Its Special Investigations Unit, an industry-first division dedicated to combating insurance fraud, sits alongside a set of digital tools for policy management.
Technical work at the company spans digital policy management tools, insurance fraud investigation and telematics-based, risk-sensitive pricing. The name Mercury - Roman god of business and merchants - was chosen to signal speed and agility, qualities the firm says it applies to its responsiveness to policyholders. It operates within the auto and property-and-casualty insurance verticals in the United States.
