95 Years of Service
CopperPoint Insurance Company was founded in 1925 in Phoenix, AZ, as the State Compensation Fund. We've been serving our customers with specialized workers' compensation insurance expertise and best-in-class service ever since.
Today, the CopperPoint Family of Insurance Companies include CopperPoint and Alaska National. Both companies are rated A (Excellent) by AM Best.
CopperPoint Timeline: 1925-2020
1925 |
 |
Company founded as the State Compensation Fund (SCF) in Phoenix, AZ |
2010 |
 |
State legislature passes SB 1045 allowing SCF Arizona to become a private company |
2013 |
 |
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 |
 |
Expansion into Nevada and Colorado via partnership with Argonaut Agency distribution channel created |
2016 |
 |
Board names new President & CEO Marc Schmittlein CopperPoint introduces Commercial Package and Commercial Auto capabilities |
2017 |
 |
Acquisition of California-based PacificComp announced and completed |
2018 |
 |
CopperPoint expands to a six-state footprint including Arizona, California, Colorado, Nevada, New Mexico and Utah CopperPoint introduces Commercial Umbrella capabilities |
2019 |
 |
CopperPoint adopts a new Mutual Holding Company corporate structure |
 |
Acquisition of Alaska National Insurance Company announced and completed |
|
 |
AM Best Upgrade to A (Excellent) for the members of CopperPoint Insurance Group and affirmed Alaska National as A (Excellent) |
|
2020 |
 |
CopperPoint celebrates 95 years in business |