American European Insurance Company (PRIVATE.AEIC)

Overall impact
D (33)

Commentary

American European Insurance Company is a below-average overall performer. With a 'D' rating of 32.7 for overall impact (bottom 25% of all companies), American European Insurance Company ranks 72nd out of 91 industry peers, behind Kingsway Financial Services, QBE Insurance, Insurance Australia and 68 others, and ahead of WR Berkley, Maiden, SafePort and 16 others. On top material causes for American European Insurance Company's industry (Insurance), American European Insurance Company performs poorly in Racial Justice and Civil Rights (0.0 score), Affordable, Safe Housing (12.8), Fair Labor Practices (19.4) and 8 other causes where it received a 'D' or 'F' score. American European Insurance Company did not receive an 'A' rating on any cause.
Impact
Cause PRIVATE.AEIC
Peer rank
Overall impact

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Impact trend

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Company
Founded
1986
Employees
61
Sector
Financials
Industry
Insurance
Sub-industry
Property & Casualty Insurance
SASB industry
Insurance
Headquarters
New Jersey, United States
Share classes
PRIVATE.AEIC
Description
AE is a wholly-owned subsidiary of American European Group, Inc., which was formed in 1986 by a small group of investors to meet the insurance needs of residential and commercial policyholders in the states of New Jersey and New York. Over the past decade, AE has expanded into Pennsylvania, Maryland, Massachusetts, New Hampshire and Rhode Island and now annually writes approximately 25,000 policies and $50 million in written premium through a network of 300 independent agents. AE offers its agents and insureds a broad product line and risk appetite and specializes in numerous market segments such as habitational (apartments, condos and 1-4 family dwellings), commercial office buildings, mixed-use occupancy buildings, artisan contractors, retail stores, pharmacies, funeral homes and many other segments.
Material causes
Ethos considers the following causes material for American European Insurance Company, based on its industry sub-industry Property & Casualty Insurance. Learn more about material causes in our methodology overview.

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