Knights of Columbus Insurance Company

Knights of Columbus Insurance Company
1 Columbus Plaza
New Haven, CT 06510
(203) 752-4000

Being called a knight would always be one of power, dignity and excellence. Knights have always been known to be strong men of royalty who would fight for justice, peace and security. This is why it comes as no surprise that an insurance company named after an icon of excellence would also be able to live up to its standards. The Knights Of Columbus Insurance Company embodies the same characteristics that an average knight would have, and even a lot more to offer.

The Knights Of Columbus Insurance Company was formed in 1882 by an Irish-American Catholic Priest by the name of Michael J. McGivney. Their initial mission of protecting families from financial setbacks was the founding legacy that remains true even today. With over 120 years of service, their first members were immigrants who had to work in unsafe conditions just to be able to get a meager salary. “Passing the hat” was a common practice among members and fellow Knights to help benefit orphans and widows who lost their father and spouse. But they were not satisfied with dealing with the survival of families due to a deceased breadwinner. Maintaining their values of integrity and compassion, the Knights Of Columbus Insurance Company evolved into what was to become one of the biggest leaders in the insurance industry.

With over $77 billion of active life insurance coverage plans as of 2010, the Knights of Columbus were able to create a world class and professional insurance corporation with members across the globe. The company built 13,000 councils and over 1.8 million members. They are all spread across the United States, Canada, Guam, Puerto Rico, the Dominican Republic, the Virgin Islands, Cuba, Saipan, Guatemala and the Philippines. To call them one of the biggest in the world may be a huge understatement. The global footprint that they were able to establish continues to grow and expand. Every day, more and more people are realizing why this company is able to set themselves apart from the rest.

Their area of expertise lies in providing life insurance, both permanent and term, as well as long term care insurance and annuities. Guided by their principles of charity, unity, fraternity and patriotism, The Order takes pride in over $1.8 billion in revenue and $70 million in profits. With over $16 billion in assets, they were ranked 49th on the list of all life insurance companies in North America by financial analyst A.M. Best. The Knights of Columbus Insurance Company also ranks as number 929 on the Fortune 1000 list of top companies in 2010.

With this overwhelming success comes their call to action and innate volunteerism. Over the past decade, this company has donated over $1.4 billion to charity and rendered 640 million hours of volunteer work and helping the community.

The Knights of Columbus Insurance Company works under their mission to become “Your Shield of Protection for Life.” With the success and accomplishments that they have received over the past few decades, it is evident that they were able to live up to Father Michael McGivney’s dream.