CopperPoint Timeline

1925

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Company founded as the State Compensation Fund (SCF) in Phoenix, AZ

2010

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State legislature passes SB 1045 allowing SCF Arizona to become a private company

2013

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SCF privatized and converted to a mutual insurance company

CopperPoint Mutual brand is launched

CopperPoint is rated for the first-time and receives AM Best rating: A- “Excellent”

2014

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Expansion into Nevada and Colorado via partnership with Argonaut

Agency distribution channel created

2016

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Board names new President & CEO Marc Schmittlein

CopperPoint introduces Commercial Package and Commercial Auto capabilities

2017

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Acquisition of California-based PacificComp announced and completed

2018

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CopperPoint expands to a six-state footprint including Arizona, California, Colorado, Nevada, New Mexico and Utah

CopperPoint introduces Commercial Umbrella capabilities

2019

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CopperPoint adopts a new Mutual Holding Company corporate structure

timeline-2019b

Acquisition of Alaska National Insurance Company announced and completed

timeline-2019c

AM Best Upgrade to A (Excellent) for the members of CopperPoint Insurance Group and affirmed Alaska National as A (Excellent)

2020

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CopperPoint celebrates 95 years in business