Insurance Company of the West is
founded by businessman,
and now
prominent philanthropist,
Ernest Rady.
Workers' compensation becomes our newest line of business, which today is ICW Group's most prominent.
After a decade of financial strength and growth, the '70s ends with 100 employees and a new office named ICW Park.
ICW Arizona opens its doors representing our first expansion outside of California.
Specialized risk management services launches to help customers prevent workplace injuries.
Bernard Feldman becomes President & CEO and continues to serve today as our Vice Chairman.
Surety line of business begins to expand. Offices open in Northern CA, TX and OR over the next few years.
Explorer Insurance Company launches for private passenger auto and for work comp small business.
Catastrophe line launches, which today is a leading commercial earthquake provider.
The decade ends by expanding our work comp business into Nevada.
Kevin Prior becomes President and CEO and continues to lead us today as CEO. He first joined us in 1990 in the actuarial department.
San Diego's Children's Hospital is officially named Rady's Children's Hospital for Ernest and Evelyn Rady's generosity.
Operations continue to expand with the opening of our first mid-west office in IL.
Partnership with Promises2Kids begins. Along with our Team Members, we've donated $2M+ to P2K and other charities serving at-risk youth.
Proprietary technology launches that reviews 3,000+ data points to identify fraudulent work comp claims.
Company hits the $1 billion mark in direct written premium!
"Creating the best insurance experience possible" is adopted as our Mission and still guides us today.
Receive a Financial Strength rating of "A" (Excellent) from
A.M. Best.
As a top-tier national carrier, we now write work comp insurance in 21 primary states and are admitted in all 50 states.
Establish Assumed Reinsurance as a core pillar of our business.
Surpass 1,000 employees nationwide! ICW Group continues to grow, even during a global pandemic!
Our family's charitable commitment exceeds $600M with the opening of the San Diego Symphony's Rady Shell, thanks to Ernest and Evelyn Rady.
Make the Ward's 50 top performers list for the 7th consecutive year. We first made the list in 1992.
Proud to be celebrating 50 years of elevating our customers, communities, and each other.
Company growth continues achieving $2.5 billion in direct written and assumed premium
We begin writing workers’ compensation insurance in New York, expanding coverage to 22 states.
ICW Group welcomes industry veteran Mark Moitoso to the Company as our new President.