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2016-02-26 / Top 100 Organizations

Mutual Benefit Group

Est. 1908 / Huntingdon

In 1908, 14 men whose businesses were flourishing in the railroad/oil industry boomtown of Corry, Pa., pooled their financial resources to protect their interests. They formed Corry Mutual Fire Insurance Company, which was eventually acquired by Huntingdon insurance entrepreneur W. Emmert Swigart. He renamed the company Mutual Benefit.

Today, Mutual Benefit serves nearly 75,000 policyholders in Pennsylvania and Maryland. In 2015, the company wrote $112 million in insurance premiums through 250 independent agents. The firm employs 155 people at its home office.

Independent insurance agents in Pennsylvania and Maryland ranked Mutual Benefit Group’s commercial lines department second place overall and gave it perfect scores in three of the four survey categories on the 2015 Company Satisfaction Index Survey conducted by the Insurance Agents and Brokers.

Mutual Benefit has a rich legacy of community support. In 2015, the company pledged $100,000 toward the J.C. Blair Memorial Hospital’s new Convenient Care Center in Huntingdon. Over the years, Mutual Benefit has made sizeable contributions to area fire companies; Huntingdon County United Way; youth education programs at the Huntingdon Community Center and the Huntingdon County Library; Junior Achievement; and has served as a corporate sponsor for a number of community events and activities.

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