This year, Chesapeake Employers’ Insurance Company, formerly known as IWIF, celebrates its 100th anniversary and joins the elite group of companies known as centenarians.
Established April 16, 1914 as part of the first workers' compensation system in America, Chesapeake Employers has served as a continuous, guaranteed source for workers' compensation insurance. Today, it is the largest writer of workers’ compensation insurance in Maryland, employs more than 400 insurance professionals, and has $1.8 million in assets.
“It is an honor to lead a 100-year-old organization,” says Tom Phelan, President and CEO of Chesapeake Employers. “As we celebrate this milestone, my fellow employees and I will pay homage to our past and celebrate a century worth of accomplishments. Now, as in the past, we remain steadfast in our promise to provide value and outstanding service to policyholders and ensure timely benefits for injured workers.”
The company will mark its 100th anniversary with a year-long commitment to increased community outreach. Initiatives that go above and beyond its already robust community relations program include:
“Caring for Marylanders is something our employees are passionate about doing,” says Mr. Phelan. “Through these initiatives, we will honor the people, communities and businesses in Maryland that have helped make Chesapeake Employers successful. I am proud to lead a company comprised of professionals who dedicate themselves to service, protection, workplace safety and helping injured workers.”
About Chesapeake Employers
Chesapeake Employers’ Insurance Company is Maryland’s largest writer of workers’ compensation insurance. It is a nonprofit, non-stock, private corporation. Formerly known as IWIF, Chesapeake Employers has served as a continuous, guaranteed source for fairly priced workers’ compensation insurance since 1914.