Marvin Johnson & Associates, Inc. Company Profile
Background
Marvin Johnson & Associates, Inc. (MJAI) is a specialized insurance agency focusing on the trucking industry. Founded in 1971 by Marvin Johnson, the company has grown to become the largest independent truck insurance agency in Indiana, Ohio, and Illinois. MJAI's mission is to provide prompt, personal service tailored to the unique needs of trucking businesses, emphasizing immediate accident reporting, on-the-scene investigations, and swift settlements to ensure drivers return to the road promptly.
Key Strategic Focus
MJAI's strategic focus centers on delivering comprehensive insurance solutions to the trucking sector. The agency offers a range of products, including primary liability, physical damage, motor truck cargo, and workers' compensation insurance. By partnering with reputable insurance firms, MJAI ensures clients receive services that match their specific needs at competitive rates.
Financials and Funding
As of May 2025, MJAI's annual revenue is estimated to be between $10 million and $50 million. The company employs approximately 55 individuals across its operations.
Leadership Team
- Steve Johnson, Chief Executive Officer
- Joined MJAI in 1974 after earning a degree from Indiana State University and working at Delco Remy. Steve has been instrumental in both daily operations and long-term planning, contributing significantly to the agency's growth.
- Michael Johnson, President
- Mark Thayer, Chief Financial Officer and Chief Operations Officer
- Lance Riegle, Vice President Sales - Indiana and Partner
- Russ Shreiner, Vice President
- Anthony Johnson, Executive Vice President
Competitor Profile
Market Insights and Dynamics
The trucking insurance market is characterized by its specialized nature, requiring agencies to have in-depth knowledge of industry regulations and client needs. The market is competitive, with several agencies vying for prominence in the Midwest region.
Competitor Analysis
- Cunningham Lindsey: A global loss adjusting and risk management firm with revenues exceeding $1 billion.
- Envista Forensics: Specializes in forensic consulting services, with revenues between $50 million and $100 million.
- Sedgwick: A leading global provider of technology-enabled risk, benefits, and integrated business solutions, with revenues exceeding $1 billion.
- Broadspire: Offers third-party administration services, with revenues between $100 million and $1 billion.
- McLarens: Provides loss adjusting and claims management services, with revenues exceeding $1 billion.
- Charles Taylor Adjusting: Specializes in loss adjusting services, with revenues around $10 million.
These competitors offer a range of services, from loss adjusting to risk management, and operate on both national and international scales.
Strategic Collaborations and Partnerships
MJAI collaborates with reputable insurance companies to provide clients with tailored coverage options. The agency's association with firms of equal reputation allows it to match client needs with required services and competitive rates effectively.
Operational Insights
MJAI's commitment to the trucking industry is evident in its 24/7 claims service, ensuring immediate accident reporting and swift settlements. The agency's central location in Columbus, Indiana, positions it strategically to serve clients across the Midwest efficiently.
Strategic Opportunities and Future Directions
As the trucking industry continues to evolve, MJAI is poised to adapt by staying abreast of regulatory changes and technological advancements. The agency's focus on personalized service and deep industry knowledge positions it well to capitalize on emerging opportunities and maintain its leadership in the trucking insurance sector.
Contact Information
- Website: mjai.com
- LinkedIn: Marvin Johnson & Associates
- Facebook: Marvin Johnson & Associates