- Founded
- 1965-01-01 in Cincinnati, Ohio, USA
- Headquarters
- Batavia Township, Ohio, USA (Amelia mailing address)
American Modern Insurance Group (AMIG) is a holding company for a group of property and casualty insurers that specialize in non-standard and specialty personal lines. The company focuses on insuring risks that mainstream carriers often avoid, such as manufactured homes, seasonal and vacation properties, mobile homes, and recreational vehicles including motorcycles, watercraft, snowmobiles, and RVs. It also offers pet health insurance and a range of lender-focused products like mortgage fire insurance, debt cancellation, collateral protection, and flood insurance. AMIG operates exclusively through a network of independent agents and brokers, providing digital tools such as the AMsuite platform for quoting, policy issuance, and account management. Owned by Munich Re, one of the world's largest reinsurance groups, the company is licensed in all 50 U.S. states. Its roots date back to 1938 as an auto finance firm, evolving into a leading specialty insurer with approximately 1,400 employees and over $1.4 billion in written premium as of 2015. Headquarters are located in Batavia Township, Ohio, near Cincinnati.
Detailed Review
History
American Modern Insurance Group traces its origins to 1938, when The Midland Discount Corporation was founded in Cincinnati as an automobile financing company. In 1949, it became one of the first firms to specialize in manufactured housing lending. After an initial public offering in 1961, the company entered the insurance business in 1965 by creating two primary carriers: American Modern Home Insurance Company and American Family Home Insurance Company. The economic downturn of the mid-1970s devastated the mobile home finance industry, forcing Midland to wind down lending in 1976 and pivot entirely to insurance, eventually rebranding as American Modern Insurance Group. In 1998, Munich Re acquired the group, integrating it into its global primary insurance arm.
Business Model and Products
AMIG focuses on niche personal lines that mainstream insurers often overlook. Its residential lines cover single-family homes, seasonal dwellings, rental properties, and manufactured and mobile homes. The recreational vehicle portfolio includes motorcycles, ATVs, snowmobiles, personal watercraft, boats, and RVs. The company also underwrites pet health insurance and provides commercial insurance for landlords and manufactured-housing communities. On the lender side, AMIG offers force-placed insurance, collateral protection, debt cancellation, and flood coverage. Distribution is exclusively through independent agents and brokers, supported by the AMsuite digital platform for quoting and policy issuance, as well as AMsuite+ for self-service management. The modernLINK platform serves lenders managing force-placed insurance.
Market Position and Regulation
AMIG is a market leader in several specialty insurance categories, particularly manufactured home and recreational vehicle insurance. It is licensed in all 50 states and maintains an A (Excellent) financial strength rating from A.M. Best, reflecting strong capitalization and support from its parent, Munich Re. The company operates under the American Modern brand and is part of Munich Re's Primary Insurance segment in the U.S., alongside carriers like The Hartford Steam Boiler Inspection and Insurance Company.
Leadership
As of mid-2025, the CEO is Andreas Kleiner, but a planned succession will see Kathleen O. Zortman become President and CEO effective March 2026. Other confirmed leaders include René Gobonya as CFO and Kevin Morreale as Head of Sales. The company's leadership page lists only Zortman's biography, with the transition date noted as future.
Key Products
Commercial Insurance
Coverage for landlords, manufactured-housing dealers, and community associations.
AMsuite+
Self-service portal for agents to manage policies, endorsements, and billing.
Homeowners FLEX®
Customizable homeowners policy for seasonal/secondary homes and unique dwellings.
modernLINK®
Digital platform for lenders to manage force-placed and collateral protection insurance.
EZPay
Automated payment plan for policyholders with installment fee savings.
Pet Insurance
Medical coverage for dogs and cats, underwritten by American Modern insurers.
American Modern®
Core brand for specialty residential, recreational, and pet insurance products.
AMsuite®
Online quoting, rating, and policy issuance platform for independent agents.
Lender Protection Products
Mortgage fire, debt cancellation, vendors single interest, collateral protection, renters, credit life, and flood insurance.
Offices & Headcount
1400 employees (approx.)
Key Persons
- Bárbara Teles
Speaker
- Kathleen O. Zortman
President & CEO (effective March 2026)
- Andreas Kleiner
CEO (current as of mid-2025)