In March 2019, Utica First Insurance Company achieved two business milestones—it reached its first month of monthly premium writings in excess of $17 million and exceeded 100,000 policyholders.
“When I first joined Utica First 28 years ago, we wrote $17 million in premium annually,” said Scott Shatraw, Utica First President and CEO. “We recently wrote our 100,000th policyholder, and wrote $17 million in premium in that month. As we surpassed these two milestones, I can’t help but reflect on the positive growth and exciting future of this company. I attribute this to our company’s foundational pillars of quality, risk management, and innovation. At Utica First, we believe these distinctions are the key to our company’s success and that of our agents.”
Utica First Insurance Company has grown from its early origins as an Upstate New York-focused property insurance company to a strong and stable corporation rated as A (Excellent) by A.M. Best, with more than 100 employees, over 100,000 written policies, and agents in nine states.