The North Carolina Association of Mutual Insurance Companies was formed in 1965 as a trade organization to better serve the best interests of the mutual insurance companies (both small and large) operating in North Carolina.  A mutual company by definition is an insurance company owned by its policyholders and any profits are retained within the company.

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There are currently 13 mutual companies operating throughout North Carolina.  The majority of these companies (8) operate on a statewide basis writing both property and casualty business. The remaining five companies currently are chartered by NC to write property business in their domiciled county and 5 additional contiguous counties. Additionally, these companies can write casualty business as an agent of a statewide chartered mutual company creating a dual masthead policy for the insured. Other members of our association include certified public accountants, reinsurance intermediaries, technology consultants, financial consultants, reinsurers and claims handling/adjusting companies.