Mercury General Corp - Company Profile

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Mercury General Corp (Mercury General), through its subsidiaries, focuses on writing private passenger automobile insurance. The company writes homeowners, condo, renters, commercial automobile and property, mechanical protection, and umbrella insurance. The company offers various types of automobile coverage comprising property damage, collision, bodily injury, personal injury protection (PIP), comprehensive, underinsured, and uninsured motorist, and other hazards. Its homeowner’s coverage includes liability, dwelling, fire, personal property, and other hazards. Mercury General operates and distributes its products and services through a network of branch offices in Florida, Illinois, Arizona, Nevada, Oklahoma, New Jersey, Georgia, New York, Texas, and Virginia. Mercury General is headquartered in Los Angeles, California, the US.

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Headquarters United States of America

Address 4484 Wilshire Blvd, Los Angeles, California, 90010


Telephone 1 213 9371060

No of Employees 4,100

Industry Financial Services

Ticker Symbol & Exchange MCY (NYSE)

Revenue (2022) $4.6B 27.1% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 118.8% (2022 vs 2021)

Market Cap* $3.1B

Net Profit Margin (2022) XYZ 114.8% (2022 vs 2021)

* As of and is in US$
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Mercury General Corp premium industry data and analytics

20+

Insurance Market Data Insights

Insight into market share and brand performance.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Mercury General Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Private Passenger Automobile Insurance
Commercial Automobile
Homeowners Insurance
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, Mercury Insurance extended a partnership with Flume allowing customers to save money on their purchases through the Mercury partnership.
2023 Contracts/Agreements In October, the company continued its partnership with the Anaheim Ducks for sponsorship of the Anaheim Ducks for the 2023-24 NHL season.
2023 New Products/Services In March, the company offered customers expanded FDIC insurance of up to US$3 million through a new product.
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Competitor Comparison

Key Parameters Mercury General Corp Berkshire Hathaway Inc The Progressive Corp The Allstate Corp Chubb Ltd
Headquarters United States of America United States of America United States of America United States of America Switzerland
City Los Angeles Omaha Mayfield Village Northbrook Zuerich
State/Province California Nebraska Ohio Illinois -
No. of Employees 4,100 396,500 61,400 53,000 40,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
George Joseph Chairman Executive Board 1961 101
Gabriel Tirador Chief Executive Officer; Director; President Executive Board 2007 58
Theodore R. Stalick Chief Financial Officer; Director; Senior Vice President Executive Board 2013 59
Victor G. Joseph Chief Operating Officer; Director; President Executive Board 2024 -
Wilson Pang Chief Technology Officer Senior Management 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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