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Westfield Insurance

From Wikipedia, the free encyclopedia
American insurance company
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Find sources: "Westfield Insurance" – news ·newspapers ·books ·scholar ·JSTOR
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Westfield Insurance
Company typePrivately held
IndustryFinance and insurance
Founded1848
HeadquartersWestfield Center, Ohio
Key people
  • Ed Largent (CEO)
  • Joe Kohmannn (COO)
  • Rob Looney (CFO)
Revenue$1.9 billion USD (2015)[1]
Number of employees
2,400
Websitewww.westfieldinsurance.com

Westfield Insurance, the primary subsidiary of Westfield Group,[2] is a multi-line provider of business property and liabilityinsurance, personal lines insurance (including auto, homeowner's and specialty),agribusiness insurance, andsurety bonds.

In 2025, Forbes named Westfield Insurance as one of theBest Small Business Insurance of 2025.[3]

About

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Westfield began as Ohio Farmers Insurance Company in 1848 when a group of farmers joined forces to insure their properties.[4]

Operations

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Based inWestfield Center, Ohio, the company employs over 2,400 nationwide, including 1,500 in its home office. It is the largest employer inMedina County. Westfield's products are distributed through a network of more than 1,000 independent insurance agents.[5]

Westfield Insurance has introduced an inland flood coverage add-on to help homeowners outside traditional high-risk flood zones mitigate financial losses from flash floods. Additionally, the company has donated $750,000 to the Center for Disaster Philanthropy, bringing its total contributions to over $3.5 million since 2016 to support flood recovery and mitigation efforts.[6]

Headquarters

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In addition to Westfield's home office, the Blair Center Conference Center, Westfield Bank, and a private hotel called Westfield Inn are also located on the company grounds in Westfield Center. The company also owns the Westfield Country Club, a 36-hole championship golf course that hosted the Junior PGA Championship until 2007.[citation needed]

Sponsorships

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The company sponsorsStraight "A" All-Stars with the Cleveland Cavaliers.[7]

References

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  1. ^"2014 Annual Report"(PDF).
  2. ^"AM Best Revises Issuer Credit Rating Outlook to Negative for Westfield Insurance Company and Affiliates".Yahoo Finance. 2024-02-26. Retrieved2024-08-27.
  3. ^Metz, Jason (2023-12-01)."Best Small Business Insurance Of 2025".Forbes Advisor. Retrieved2025-03-26.
  4. ^"Westfield Homeowners Insurance Review 2024 – Forbes Advisor".www.forbes.com. 11 October 2023. Retrieved2024-08-27.
  5. ^Troy, Terry (July 31, 2020)."Charting a Way Forward".Ohio Business Magazine. Retrieved2024-09-20.
  6. ^Coverager (2025-03-24)."Westfield expands flood protection options for homeowners".Coverager - Insurance news and insights. Retrieved2025-03-26.
  7. ^Westfield Insurance: About Us: Sponsorships: High School Scholastic Competitions
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