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Massachusetts insurance companies

There are 21insurance providers in Massachusetts. Combined, these Massachusettsaninsurance companiesemploy 71 people, earn more than $76 million in revenue each year, and have assets of $555 million.
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Insurance companies by major Massachusetts cities

Metro areaNonprofitsRevenues
Boston
17
$75,747,720
Springfield, MA
3
$38,283
Barnstable Town
1
$52,326
Showing 3 of 3metros

Job trends for Massachusetts insurance companies

Employees per organizationNumber of organizations
0
12
1-10
2
11-25
2
26-100
1
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of insurance companies in Massachusetts

Revenues per organizationNumber of organizations
< $250k
7
$250k to $1M
5
$1M to $5M
1
$5M to $25M
4
$25M to $100M
1
$100M+
0
Key takeaways for revenue stats:

Directory of insurance companies in Massachusetts

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1-20 of 21

Guaranty Fund Management Services

GFMS provides management & supervisory services for insolvent/liquidated insurers in seven states and DC, assisting member associations to handle covered claims.
Revenue
$6.8m
Assets
$6.8m
Employees
36
EIN
04-2712442
IRS type
501(c)(6)

Mass Credit Union Share Insurance Corporation

Insurer of deposits for Massachusetts credit unions, providing excess share and deposit insurance to strengthen the industry while preserving its integrity.
Revenue
$6.9m
Assets
$111.2m
Employees
10
EIN
04-2296410
IRS type
501(c)(6)

Massachusetts Insurers Insolvency Fund (GFMS)

To be derived from maintaining a single efficient management and claims service organization, with a professional staff ready to serve the associations and funds as needed.
Revenue
$904.0k
Assets
$210.6m
Employees
0
EIN
23-7304306
IRS type
501(c)(6)

District of Columbia Insurance Guaranty Association

District of Columbia Insurance Guaranty Association is part of a non-profit, unincorporated, state-based statutorily created system that pays certain covered claims of insolvent insurance companies' policyholders and claimants.
Revenue
$772.8k
Assets
$45.6m
Employees
0
EIN
23-7322828
IRS type
501(c)(6)

Massachusetts Public Employees Health and Welfare Fund

The Massachusetts Public Employees Health and Welfare Fund is a state-run program that provides and administers dental and vision benefits to an estimated 33,000 members.
Revenue
$29.8m
Assets
$74.5m
Employees
19
EIN
22-2618894
IRS type
501(c)(9)

Life Insurance Association of Massachusetts

Advocates for member companies, advises industry on regulation and legislation. Located in Boston, MA.
Revenue
$954.0k
Assets
$551.5k
Employees
2
EIN
23-7431257
IRS type
501(c)(6)

Unitarian Universalist Association Employee Benefits Trust - Veba

A trust created by Unitarian Universalist Association in 2006 to fund self-funded health insurance for UUA congregations' staff.
Revenue
$15.7m
Assets
$4.7m
Employees
0
EIN
20-8079417
IRS type
501(c)(9)

Board of Regents of Higher Education Ma Teachers Association Health and Welfare Fund

Provides dental insurance to members of professional associations, including Ma State College Assoc. and Univ. of Massachusetts - Lowell. Based in Milton, MA.
Revenue
$7.7m
Assets
$6.2m
Employees
0
EIN
04-2901664
IRS type
501(c)(9)

JEOL USA Voluntary Employees Benefit Plan Trust

JEOL USA Voluntary Employees Benefit Plan Trust is an insurance provider in Peabody, MA whose mission is: Provides for medical and dental benefits to participants of Jeol USA, voluntary benefit association.
Revenue
$4.8m
Assets
$1.9m
Employees
0
EIN
04-2790522
IRS type
501(c)(9)

Charles River Insurance Company

Charles River Insurance Company is an insurance provider in Dedham, MA that was founded in 2005.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
27-0022109
IRS type
501(c)(15)

New Hampshire Insurance Guaranty Association (GFMS)

To be derived from maintaining a single efficient management and claims service organization, with a professional staff ready to serve the associations and funds as needed.
Revenue
$85.8k
Assets
$54.5m
Employees
0
EIN
02-0346955
IRS type
501(c)(6)

Andover Fireman's Relief Association

Provides retirement and death benefits for members and payment to the town's firefighters. Hosts town events. Based in Andover, MA.
Revenue
$54.4k
Assets
$997.2k
Employees
0
EIN
04-6044585
IRS type
501(c)(4)

New England Employee Benefit Council

NEEBC provides educational programs and information resources for employee benefits professionals, with workshops and conferences. Located in Concord, MA.
Revenue
$500.2k
Assets
$664.2k
Employees
4
EIN
04-2725284
IRS type
501(c)(3)

Peabody Police Benevolent Association

The Peabody Police Benevolent Association promotes social harmony among its members and provides mutual assistance, cooperation, and protection through the expenditure of funds.
Revenue
$136.5k
Assets
$199.6k
Employees
0
EIN
04-2660288
IRS type
501(c)(5)

Brookline Police Mutual Aid Association

Police association in Brookline, MA that provides health and welfare benefits, disability payments, life insurance, and retirement benefits to members and their families.
Revenue
$103.2k
Assets
$467.4k
Employees
0
EIN
04-1124975
IRS type
501(c)(4)

Trust Insurance Company in Liquidation

Trust Insurance Company in Liquidation is an insurance provider in Holyoke, MA that was founded in 2005.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
04-3066580
IRS type
501(c)(15)

Vermont Property and Casualty Insurance Guaranty Association (VTPCIGA)

The Vermont Property and Casualty Insurance Guaranty Association (VTPCIGA) is a non-profit, unincorporated association of all Vermont-licensed property and casualty insurers.
Revenue
$130.5k
Assets
$31.0m
Employees
0
EIN
51-0172249
IRS type
501(c)(6)

Associates Division of the Massachusetts State Police

Division providing retirement and insurance benefits, including death benefit coverage, to members of the Massachusetts State Police.
Revenue
$366.2k
Assets
$1.1m
Employees
0
EIN
22-2572593
IRS type
501(c)(5)

Attleboro Mutual Liquidating Trust

Attleboro Mutual Liquidating Trust is an insurance provider in Holyoke, MA that was founded in 2005.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
04-6787085
IRS type
501(c)(15)

Pleasant Water

Pleasant Water owns and operates a well-water distribution system with a mission to serve its members. It also conserves, protects, and enhances natural water sources in South Yarmouth, MA.
Revenue
$52.3k
Assets
$201.6k
Employees
N/A
EIN
04-2878782
IRS type
501(c)(12)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "Y20: Insurance Providers, Services" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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