Our History

Our roots go back to the inception of American Republic Insurance Company in 1929. The company was founded by Watson Powell, a pioneer in the health and accident insurance business. The company began with 200 charter policies. From the beginning, the company was dedicated to providing personal insurance services to individuals and families at the lowest possible cost.

Above:

A photo of Watson Powell Sr.

Founder of American Republic Insurance Company

Above:

The first American Republic Insurance Company logo unveiled in 1945.

American Enterprise has a rich tradition of proudly serving customers its policyholders throughout the United States.  An organization with a wealth of experience, tradition, and talent — American Enterprise continues to evolve and grow to meet the challenges of our business while maintaining a tradition of excellence.

 

Here is our history, our current presence in the insurance industry, and where we are going in the future:

Our Timeline

  • Past

    • American Republic and Medico merged in 2012 under American Enterprise

    • Medico Insurance Company was founded in 1930 as a health and accident association under the title Central Catholic Casualty Company with home offices in Columbus, Nebraska.   Their mission was to help protect customers with quality products and personalized service that helps ensure peace of mind and quality of life.

    • Our roots go back to the inception of American Republic Insurance Company in 1929. The company was founded by Watson Powell, a pioneer in the health and accident insurance business. The company began with 200 charter policies. From the beginning, the company was dedicated to providing personal insurance services to individuals and families at the lowest possible cost.

  • Present

    American Enterprise, is an intermediate holding company and direct subsidiary of American Enterprise Mutual Holding Company and is domiciled in Des Moines, IA.

     

    American Enterprise is made up of five insurance companies and three distribution channels that provide Medicare supplement, dental, critical illness and other life and health insurance products to individuals and families. The companies are collectively licensed in 49 states and the District of Columbia.  Insurance products are marketed through independent insurance agents, career agents, direct marketing and distribution partners.

     

    Our Insurance Companies

    • American Republic Insurance Company, established in 1929.

    • American Republic Corp Insurance Company, established in 1962 and acquired by merger in 2004.

    • Medico Corp Life Insurance Company, established in 1960 and acquired by merger in 2004.

    • Medico Insurance Company, established in 1930 and acquired by merger in 2012.

    • Medico Life and Health Insurance Company, established in 1935 and acquired by merger in 2013.

     

    Our Distribution Channels

    • Medico – More than 28,000  independent brokers and agents who present our products to their clients.

    • Americare Group – Licensed representatives who work with clients over the telephone and internet to assist them in finding and purchasing products that best fit their needs.

    • American Republic Insurance Services – Life and health insurance planning specialists who work face‐to‐face with clients to serve the needs of the market through advice, service and products.

  • Future

    American Enterprise recognizes the need for continuous inorganic growth through timely and financially efficient acquisitions and/or partnership opportunities.

     

    We are actively striving to acquire or partner with:

    Whole companies and/or blocks of business that are in our current core product line

    • Unique non-balance sheet, non-retail distribution companies (affinity groups, FMOs/IMOs, niche marketers) that offer core products

    Businesses or product lines which complement our current core product lines

    • Value-add, complimentary product provider

    • Reinsurance of core product lines underwritten by other companies

    Insurance-focused operations that are outside our current expertise

    • Established P&C carrier in certain lines

    American Enterprise maintains a high level of acquisition activity with five acquisitions/partnership deals finalized between the years 2009 – 2015. The company achieves efficient and quick execution of potential opportunities with the support of:

     

    The American Enterprise Board of Directors’ financial commitment of capital necessary to support inorganic growth through acquisitions/partnership opportunities

     

    Full-time staff that is dedicated to business development

     

    Cross-functional business development liaisons that are relied upon for divisional expertise

    For more than 100 years, our companies have embraced values that support our customers. At American Enterprise, we focus on exemplifying our values through personal performance, teamwork and creativity.

    We look to the next 100 years to bring growth, excitement and strength as we continue to seek new opportunities to deliver both traditional and innovative products and services to our customers.

“American Republic” and its eagle logo are registered service marks owned and licensed by American Republic Insurance Company. “American Republic Insurance Services” and its eagle logo are registered service marks of American Republic Insurance Services, LLC. “Americare” is a registered service mark of the The Entrecor Group, LLC. “Medico” is a registered service mark of Medico Insurance Company.


Copyright 2017 American Enterprise Group, Inc.

  • Past

    Medico Insurance Company was founded in 1930 as a health and accident association under the title Central Catholic Casualty Company with home offices in Columbus, Nebraska.   Their mission was to help protect customers with quality products and personalized service that helps ensure peace of mind and quality of life.

    • American Republic and Medico merged in 2012 under American Enterprise

    • Our roots go back to the inception of American Republic Insurance Company in 1929. The company was founded by Watson Powell, a pioneer in the health and accident insurance business. The company began with 200 charter policies. From the beginning, the company was dedicated to providing personal insurance services to individuals and families at the lowest possible cost.

  • Present

    American Enterprise, is an intermediate holding company and direct subsidiary of American Enterprise Mutual Holding Company and is domiciled in Des Moines, IA.

     

    American Enterprise is made up of five insurance companies and three distribution channels that provide Medicare supplement, dental, critical illness and other life and health insurance products to individuals and families. The companies are collectively licensed in 49 states and the District of Columbia.  Insurance products are marketed through independent insurance agents, career agents, direct marketing and distribution partners.

     

    Our Insurance Companies

    • American Republic Insurance Company, established in 1929.

    • American Republic Corp Insurance Company, established in 1962 and acquired by merger in 2004.

    • Medico Corp Life Insurance Company, established in 1960 and acquired by merger in 2004.

    • Medico Insurance Company, established in 1930 and acquired by merger in 2012.

    • Medico Life and Health Insurance Company, established in 1935 and acquired by merger in 2013.


    Our Distribution Channels

    • Medico – More than 28,000  independent brokers and agents who present our products to their clients.

    • Americare Group – Licensed representatives who work with clients over the telephone and internet to assist them in finding and purchasing products that best fit their needs.

    • American Republic Insurance Services – Life and health insurance planning specialists who work face‐to‐face with clients to serve the needs of the market through advice, service and products.

  • Future

    For more than 100 years, our companies have embraced values that support our customers. At American Enterprise, we focus on exemplifying our values through personal performance, teamwork and creativity.

    We look to the next 100 years to bring growth, excitement and strength as we continue to seek new opportunities to deliver both traditional and innovative products and services to our customers.

    American Enterprise recognizes the need for continuous inorganic growth through timely and financially efficient acquisitions and/or partnership opportunities.

     

    We are actively striving to acquire or partner with:

    Whole companies and/or blocks of business that are in our current core product line

    • Unique non-balance sheet, non-retail distribution companies (affinity groups, FMOs/IMOs, niche marketers) that offer core products

    Businesses or product lines which complement our current core product lines

    • Value-add, complimentary product provider

    • Reinsurance of core product lines underwritten by other companies

    Insurance-focused operations that are outside our current expertise

    • Established P&C carrier in certain lines

    American Enterprise maintains a high level of acquisition activity with five acquisitions/partnership deals finalized between the years 2009 – 2015. The company achieves efficient and quick execution of potential opportunities with the support of:

     

    The American Enterprise Board of Directors’ financial commitment of capital necessary to support inorganic growth through acquisitions/partnership opportunities

     

    Full-time staff that is dedicated to business development

     

    Cross-functional business development liaisons that are relied upon for divisional expertise

Kind words cost nothing, but do

ACCOMPLISH

MUCH!

• Our roots go back to the inception of American Republic Insurance Company in 1929. The company was founded by Watson Powell, a pioneer in the health and accident insurance business. The company began with 200 charter policies. From the beginning, the company was dedicated to providing personal insurance services to individuals and families at the lowest possible cost.

 

 

Medico Insurance Company was founded in 1930 as a health and accident association under the title Central Catholic Casualty Company with home offices in Columbus, Nebraska.   Their mission was to help protect customers with quality products and personalized service that helps ensure peace of mind and quality of life.

 

 

• American Republic and Medico merged in 2012 under American Enterprise

American Enterprise, is an intermediate holding company and direct subsidiary of American Enterprise Mutual Holding Company and is domiciled in Des Moines, IA.

 

American Enterprise is made up of five insurance companies and three distribution channels that provide Medicare supplement, dental, critical illness and other life and health insurance products to individuals and families. The companies are collectively licensed in 49 states and the District of Columbia.  Insurance products are marketed through independent insurance agents, career agents, direct marketing and distribution partners.

 

Our Insurance Companies

• American Republic Insurance Company, established in 1929.

• American Republic Corp Insurance Company, established in 1962 and acquired by merger in 2004.

• Medico Corp Life Insurance Company, established in 1960 and acquired by merger in 2004.

• Medico Insurance Company, established in 1930 and acquired by merger in 2012.

• Medico Life and Health Insurance Company, established in 1935 and acquired by merger in 2013.


Our Distribution Channels

• Medico – More than 28,000  independent brokers and agents who present our products to their clients.

• Americare Group – Licensed representatives who work with clients over the telephone and internet to assist them in finding and purchasing products that best fit their needs.

• American Republic Insurance Services – Life and health insurance planning specialists who work face‐to‐face with clients to serve the needs of the market through advice, service and products.

Past

Present

Future

For more than 100 years, our companies have embraced values that support our customers. At American Enterprise, we focus on exemplifying our values through personal performance, teamwork and creativity.

We look to the next 100 years to bring growth, excitement and strength as we continue to seek new opportunities to deliver both traditional and innovative products and services to our customers.

 

 

American Enterprise recognizes the need for continuous inorganic growth through timely and financially efficient acquisitions and/or partnership opportunities.

 

We are actively striving to acquire or partner with:

Whole companies and/or blocks of business that are in our current core product line

• Unique non-balance sheet, non-retail distribution companies (affinity groups, FMOs/IMOs, niche marketers) that offer core products

Businesses or product lines which complement our current core product lines

• Value-add, complimentary product provider

• Reinsurance of core product lines underwritten by other companies

Insurance-focused operations that are outside our current expertise

• Established P&C carrier in certain lines

 

American Enterprise maintains a high level of acquisition activity with five acquisitions/partnership deals finalized between the years 2009 – 2015. The company achieves efficient and quick execution of potential opportunities with the support of:

 

The American Enterprise Board of Directors’ financial commitment of capital necessary to support inorganic growth through acquisitions/partnership opportunities

 

Full-time staff that is dedicated to business development

 

Cross-functional business development liaisons that are relied upon for divisional expertise