Company Profile
Nationwide Insurance
Company Overview
At Nationwide®, we're working hard every day to meet the insurance and financial needs of our customers, at every stage of life. Whatever happens.
You can count on it. With more than $157 billion in statutory assets, Nationwide is one of the largest insurance and financial services companies in the world.
We offer a full range of insurance products and financial services for your home, car, family and financial security.
We support diversity and inclusion. Our workforce and business practices reflect this. Our associates have a variety of skills, experiences and backgrounds much like our customers.
We understand you, because we are you. And that makes it easier for us to provide you with the insurance products and financial services you value.
Simply put®, Nationwide is On Your Side®.
Company History
The last 80 years Nationwide® has gone from a small auto insurer for Ohio farmers, to one of the largest insurance and financial services companies in the world with more than $157 billion in statutory assets.
The Early Years
1925 ? The Ohio Farm Bureau Federation incorporates the Farm Bureau Mutual Automobile Insurance Company with the goal of providing quality auto insurance at low rates for rural drivers in Ohio.
1926 ? The first policy is sold, and The Ohio Farm Bureau Federation is open for business.
1928 ? With help from locally based "sponsoring" organizations, Farm Bureau Mutual begins expanding into other states. These include West Virginia, Maryland, Delaware, Vermont and North Carolina.
1934 ? The company starts insuring motorists in metropolitan areas and through the purchase of a fire insurance company, begins writing property insurance policies.
1943 ? Farm Bureau Mutual operates in 12 states and the District of Columbia.
Growing National!
1955 ? From 1943 on, the Farm Bureau Mutual expanded operations until it became clear that they had far outgrown their original goals... and their name. So, with a western expansion that included 20 additional states, the company changed its name to Nationwide InsuranceSM.
1978 ? Nationwide completes its international headquarters One Nationwide Plaza. The 40-story structure is the largest single office building in Central Ohio.
1996 ? Nationwide Financial® goes public.
2000 ? With a ground breaking in 1997, the Nationwide Arena opens providing a home to a National Hockey League franchise, the Columbus Blue Jackets.
2007 ? Nationwide Bank opens to the public.
Notable Accomplishments / Recognition
Key facts about Nationwide
Ranked #104 on the Fortune 500
App. 36,000 employees
More than 16 million policies in force
Significant U.S. rankings
Property and Casualty rankings:
4th-largest homeowner insurer based on premiums written *
6th-largest auto insurer based on premiums written *
9th-largest commercial insurer
6th-largest total property and casualty insurer
* Source: A.M. Best, 2006 DWP
Life and Retirement Savings rankings:
#1 provider of defined contribution plans 1
#7 provider of variable life insurance 2
#13 writer of individual variable annuities 3
#18 U.S. life insurer based on premium 4
#15 U.S. life insurer based on admitted assets 4
Benefits
Benefits
Sure, we all need the money, but a sense of protection and personal security is nice, too.
That’s why we offer our associates a flexible rewards program that can be designed to best suit their individual needs. From health and wellness and financial security, to time off and professional development, we put the cookie cutter away so that you'll find a better fit.
Health and Wellness
Includes comprehensive insurance options like medical, dental, life and accident coverage
Financial Security
Provides for a 401(k) savings plan with a limited company match to the money you contribute
Offers a retirement/pension plan featuring a guaranteed monthly income after you retire and eligibility after your first 12 months of service
Your Time
This paid-time-off program allows you to build up a bank of days you can use when you need to get away from it all. It affords you the flexibility you need to live your busy life.
And there’s more…
Educational assistance plan
Flexible work schedules
Group accident and life insurance
Nationwide Federal Credit Union
Robust learning and development opportunities
*The companies reserve the right to change or discontinue, in whole or in part, any of the benefits, policies or plans that are currently in place. Eligibility for specific benefits depend on specific eligibility criteria set out in the benefit plan documents. The company has an employment-at-will relationship with its associates. This means that each associate as well as the company has the right to terminate employment at any time, with or without reason.