Infinity Insurance, a prominent name in the insurance industry, has been the subject of curiosity regarding its ownership, particularly in relation to Kemper Corporation. This article aims to delve into this topic, providing a comprehensive and accurate overview.
Before exploring the connection between Infinity Insurance and Kemper Corporation, let's first understand each entity individually.
Infinity Insurance
Infinity Insurance is a subsidiary of Kemper Corporation, specializing in non-standard auto insurance. It was founded in 1955 and has since grown to serve customers in various states across the United States.
Infinity Insurance is known for its commitment to providing affordable and reliable insurance solutions to drivers who may not qualify for coverage from standard auto insurance companies.
Non-Standard Auto Insurance
Infinity Insurance focuses on non-standard auto insurance, catering to drivers with less-than-perfect driving records, limited insurance history, or unique vehicle needs. This includes SR-22 insurance, high-risk insurance, and insurance for specialty vehicles.
By offering these specialized insurance products, Infinity Insurance helps ensure that a broader range of drivers can access the coverage they need to stay safe and legal on the road.
Infinity Insurance's Growth and Expansion
Over the years, Infinity Insurance has expanded its reach and product offerings. Today, it provides a range of insurance solutions, including motorcycle insurance, classic car insurance, and insurance for businesses that rely on vehicles for operations.
This growth is a testament to Infinity Insurance's commitment to understanding and meeting the evolving needs of its customers, as well as its ability to adapt and innovate within the insurance industry.
Kemper Corporation
Kemper Corporation is a holding company that operates through its subsidiaries, offering a wide range of insurance products and services. It was founded in 1947 and has since grown to become a significant player in the insurance industry.
Kemper Corporation's subsidiaries operate under various brands, including Kemper Auto, Kemper Home, Kemper Specialty, and Infinity Insurance.
Kemper Corporation's Subsidiaries
Kemper Corporation's subsidiaries cater to a diverse range of insurance needs, from personal auto and home insurance to business insurance and specialty lines. Each subsidiary operates independently, allowing Kemper Corporation to offer a comprehensive suite of insurance products.
This structure enables Kemper Corporation to serve a broad customer base, from individual policyholders to large commercial clients, providing tailored insurance solutions to meet their unique needs.
Kemper Corporation's Acquisition of Infinity Insurance
In 2007, Kemper Corporation acquired Infinity Property and Casualty Corporation, which included the Infinity Insurance brand. This acquisition allowed Kemper Corporation to expand its reach into the non-standard auto insurance market and strengthen its position in the insurance industry.
Since the acquisition, Infinity Insurance has continued to operate as a distinct brand within the Kemper Corporation family, leveraging the resources and support of its parent company to grow and innovate.
In conclusion, Infinity Insurance is indeed owned by Kemper Corporation. This relationship has allowed Infinity Insurance to thrive in the non-standard auto insurance market, providing affordable and reliable insurance solutions to a wide range of customers. As Infinity Insurance continues to grow and evolve, it remains committed to its mission of serving the insurance needs of all drivers, regardless of their unique circumstances. If you're in the market for non-standard auto insurance, consider exploring the options offered by Infinity Insurance, a trusted brand backed by the strength and stability of Kemper Corporation.