American Modern insures high-risk and niche segments—classic cars, motorcycles, boats, rental properties, and manufactured homes—where standard carriers won't write policies. The tech stack reveals a hybrid operational model: legacy underwriting tools (Guidewire, Xactimate, Access) coexist with modern data infrastructure (Python, SQL, Tableau, Power BI). Active hiring across data (20 open roles) and finance (18) alongside projects in actuarial model development, LLM-based NLP, and risk capital modeling signals a push to automate pricing and underwriting decisions in a portfolio that demands precision.
American Modern Insurance Group is a specialty insurer owned by Munich Re, operating from Cincinnati since 1965. The company writes policies through multiple licensed insurers (American Modern Home Insurance Company, American Modern Insurance Company in California) across two main segments: recreational (classic cars, motorcycles, boats, yachts) and residential (rental properties—both short-term and 12-month—vacant properties, owner-occupied homes, vacation homes, manufactured homes). With approximately 1,200 employees, the company operates exclusively in the United States and maintains high financial ratings from Ward Group and A. M. Best. Recent strategic initiatives include launching a new farm and ranch division and investing in AI/ML capabilities for pricing optimization and catastrophe risk modeling.
Python, SQL, Power BI, Tableau, Guidewire, Xactimate, Appian, Power Apps, Planning Analytics, R, and Microsoft 365 suite. The stack spans legacy underwriting (Guidewire, Xactimate) and modern analytics (Python, SQL, BI tools).
Actuarial model development, predictive modeling, LLM-based NLP solutions, risk capital modeling, portfolio analysis, pricing studies, and launching a new farm and ranch division. Projects reflect a focus on automation and pricing optimization.
Other companies in the same industry, closest in size