@nationwide.com
Nationwide Insurance is an insurance and financial services company.
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About
Description
Nationwide Insurance, headquartered in Columbus, Ohio, is one of the largest insurance and financial services companies in the United States. Founded in 1925 as the Farm Bureau Mutual Automobile Insurance Company, it initially provided auto insurance to Ohio farmers. Over the years, the company expanded its offerings to include homeowners, life, and commercial insurance.
Nationwide Insurance operates through several subsidiaries, including Nationwide Bank, Nationwide Financial Services, and Nationwide Mutual Funds. These subsidiaries provide banking, retirement planning, and investment management services. On a global scale, Nationwide Insurance does have a presence, primarily through its subsidiary, Nationwide Mutual Insurance Company Limited, which operates in the UK.
The subsidiary offers insurance and financial services to customers in the UK market. In terms of market position, Nationwide Insurance is a leader in the US insurance industry. It is known for its strong customer service and diverse product offerings.
The company has consistently ranked in the Fortune 500 list of largest US corporations. Nationwide Insurance has achieved several notable milestones throughout its history. In the late 1960s, it became the first insurance company to introduce a toll-free claims hotline.
In 2008, the company expanded its sponsorship in the sports field by renaming the Nationwide Series in NASCAR as the NASCAR Xfinity Series. In recent years, Nationwide Insurance has focused on increasing its digital presence and enhancing technological capabilities. The company has launched innovative mobile apps and online tools to improve customer experience and simplify the insurance process.
As of the latest update, the company continues to thrive in the insurance industry, serving customers across the United States and the UK. Nationwide Insurance remains committed to its core values of customer service, financial stability, and social responsibility. The company continues to expand its product offerings and adapt to changing market dynamics to maintain its growth and competitiveness
Company Type
Privately Held
Company Size
10,001+
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