Company Research Report: Dillingham Insurance
Company Overview
- Name: Dillingham Insurance
- Mission: Dillingham Insurance specializes in providing business insurance programs using domestic and foreign insurance carriers, focusing on client-first solutions.
- Founding and Founders: Founded in 1927 by Tom G. Dillingham as one of Oklahoma’s first Insurance agencies with a casualty-based focus. However, the family’s involvement in the insurance business traces back to 1889 with Tom Boyd, the great grandfather of the company chairman Dan Dillingham, who wrote the first policy in the Cherokee Outlet, Oklahoma.
- Key People: Several generations of the Dillingham family, including Dan Dillingham, Jed Dillingham, Chad Dillingham, and John W. Dillingham, have played significant roles in the company's leadership and growth.
- Headquarters: The company is headquartered in Enid, Oklahoma, with additional offices in Oklahoma City and Tulsa, Oklahoma.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Recognition and Expertise: Known for its comprehensive insurance solutions for a wide variety of industries leveraging relationships with domestic and foreign insurance carriers.
Products and Services
Product Offerings:
1. Business Insurance:
- High-level description: Offers customized solutions beyond traditional insurance products to transfer or retain business risk.
- Key Features:
- General Liability
- Excess Liability
- Property
- Inland Marine/Equipment
- Commercial Auto
- Aviation
- D&O Liability
- Workers' Compensation
- Product Liability
- Professional Liability
2. Group Benefits:
- High-level description: Offers design, funding, implementation, and administration of employee benefit plans.
- Key Features:
- Customized plans
- Cost-control focused
- Exclusive partner in Oklahoma City metro area with United Benefit Advisors, leveraging resources for better plans.
3. Captive Insurance:
- High-level description: Provides an alternative to traditional insurance by allowing businesses to retain or partially retain risk.
- Key Features:
- Workers Compensation
- General Liability
- Automobile
- Property
4. Human Resources:
- High-level description: Provides outsourced HR solutions, consulting, and support.
- Key Features:
- Compliance
- Talent Management
- Team Development
- HR outsourcing
5. Personal Insurance:
- High-level description: Offers policies to protect individual/family assets.
- Key Features:
- Home
- Auto
- Watercraft
- Life
- Motorcycle
- Renter
- Umbrella
- Builders Risk
Recent Developments
- Recent Developments:
- The company has been significantly contributing to risk management solutions across various industries and clients in 38 states through its long presence in the market.
- New Products/Features: No specific recent product launches or new features were mentioned.
- Partnerships:
- In 2012, Dillingham Benefits became the exclusive Oklahoma City Partner Firm of United Benefit Advisors (UBA).
- The company joined forces or acquired several agencies over the years to expand its reach and improve its service offerings.
Conclusion
Dillingham Insurance combines a rich historical legacy with innovative solutions to serve a broad range of industries. As a 4th-generation family business, it prides itself on client-focused service offerings across business, personal, group benefits, HR, and captive insurance domains, while continuously adapting to industry changes and needs. The company maintains significant partnerships, including with United Benefit Advisors, to enhance service capabilities and reach.
