Aioi nissay dowa insurance company of america Review

About Aioi nissay dowa insurance company of america

Aioi Nissay Dowa Insurance Company of America: A Comprehensive Guide

Aioi Nissay Dowa Insurance Company of America (ADICA) is a leading insurance company that provides a wide range of insurance products and services to individuals, families, and businesses across the United States. With over 100 years of experience in the industry, ADICA has established itself as a trusted provider of quality insurance solutions.

In this comprehensive guide, we will take an in-depth look at ADICA's history, products and services offered, customer reviews and ratings, as well as its commitment to corporate social responsibility.

History

ADICA was founded in 1919 under the name Fireman's Fund Japan Insurance Co., Ltd. The company was established with the aim of providing fire insurance coverage to Japanese businesses operating overseas. In 1981, it changed its name to Aioi Insurance Co., Ltd., after merging with two other Japanese insurers - Nissay Dowa General Insurance Co., Ltd. and Chiyoda Fire & Marine Insurance Co., Ltd.

In 2010, Aioi Insurance Co., Ltd. merged with Nissay Dowa General Insurance Co., Ltd. to form Aioi Nissay Dowa Insurance Co., Ltd (ADI). This merger created one of Japan's largest non-life insurers with a strong presence in Asia-Pacific region.

In 2012, ADI acquired American International Group Inc.'s (AIG) U.S.-based auto-insurance unit for $1 billion which led to the formation of ADICA.

Products and Services Offered

ADICA offers a wide range of insurance products including:

Auto insurance: This includes liability coverage for bodily injury or property damage caused by an accident involving your vehicle.

Homeowners' insurance: This covers damages or losses incurred due to natural disasters such as floods or earthquakes as well as theft or vandalism.

Commercial property insurance: This provides coverage for damages or losses incurred by businesses due to fire, theft, or other unforeseen events.

General liability insurance: This covers businesses against claims of bodily injury or property damage caused by their products, services, or operations.

Workers' compensation insurance: This provides coverage for employees who are injured on the job and helps cover medical expenses and lost wages.

Customer Reviews and Ratings

ADICA has received positive reviews from its customers. According to J.D. Power's 2020 U.S. Auto Insurance Study, ADICA ranked third in overall customer satisfaction among auto insurers in the United States. The company also received high ratings for its claims handling process and customer service.

In addition to J.D. Power's study, ADICA has also been rated A+ (Superior) by A.M Best Company which is a leading credit rating agency that specializes in evaluating the financial strength of insurance companies.

Corporate Social Responsibility

ADICA is committed to corporate social responsibility (CSR) and has implemented various initiatives aimed at promoting sustainability and social welfare. Some of these initiatives include:

Environmental conservation: ADICA has implemented measures aimed at reducing its carbon footprint such as using renewable energy sources like solar power as well as promoting eco-friendly practices among its employees.

Community engagement: The company supports various community-based projects aimed at improving the lives of people living in underserved communities across the United States.

Conclusion

ADICA is a reputable insurance company that offers a wide range of quality insurance products and services to individuals, families, and businesses across the United States. With over 100 years of experience in the industry coupled with positive customer reviews and ratings as well as a commitment to corporate social responsibility, ADICA is an excellent choice for anyone looking for reliable insurance solutions.