These investors, who may have no other connection with the company, expect to receive a profit from their investment. In essence, a stock insurance company works for its stockholders and is inclined to do what's best for them.
Some companies demutualize so they can sell stock in the open market for additional capital.
Other companies get swept away by mega-mergers between insurance companies and financial service providers. Amica maintains an unequivocal commitment to its mutual insurance company business plan. We are a well-managed, financially stable company with a strong capital position. We have consistently generated sufficient capital to carefully protect our policyholders and to achieve prudent growth. It is one of the tenets that have ensured our company's success over the past 92 years.