Fireman’s Fund Insurance Company, now Allianz Global Corporate & Specialty, began in 1863 in San Francisco, and the name reflects their colorful beginnings. They were named for an arrangement in which Fireman’s Fund paid 10 percent of their profits to widows and orphans of firefighters – a social mission that has provided millions of dollars in grants for equipment, training and educational programs to fire departments across the country. Their first policy was on half-interest in 1,000 kegs of Boston syrup. The premium was $12 cash in advance.
In 1991, Allianz, AG of Munich, Germany, acquired Fireman’s Fund. Allianz is one of the largest property-casualty insurers in the world. Fireman’s Fund has been a member of the Allianz family for 24 years. They are now one company with Allianz Global Corporate & Specialty (AGCS), united under the Allianz brand.
Fireman’s Fund is an A+ rated insurer by the A.M. Best Company, Standard & Poor’s and Moody’s.
Fireman’s Fund Values
Although Fireman’s Fund is now part of AGCS the values reflect by their history, character, keys to future success and historical ties to firefighters and the values they embody remain.
From the pioneer spirit of the Gold Rush to the majesty of the Golden Gate Bridge, the rich history of Fireman’s Fund symbolizes the character of the people who built this company. That spirit is alive today in their values, which motivate them to achieve outstanding results as they deal honorably with customers, agents, communities, and each other.
Responsibility to Our Communities
Fireman’s Fund has a long tradition of leadership as a socially responsible company dating back to our founding social mission. This leadership is particularly evident in the aftermath of catastophes, such as Hurricane Katrina and the San Diego Wildfires.
Their commitment to integrity, represented in their Code of Conduct, is a cornerstone of their financial success. And this success allows Fireman’s Fund to contribute to the community.
“Without character, man amounts to nothing, and the same is true of a corporation, which is man’s creation. Character involves honesty, integrity, loyalty and fair play. These qualities are the foundation of a code which the Fireman’s Fund has followed throughout its entire existence, in all its relationships – with agents, policyholders, stockholders, employees and competitors.” — J. B. Levison, President of Fireman’s Fund, 1917 to 1937