Stillwater Insurance Group
About Stillwater Insurance Group
Stillwater was founded in 2000 as the Fidelity National Property and Casualty Insurance Group, a branch of the Fortune 500 company Fidelity National Financial (FNF), the country’s largest provider of commercial and residential title and mortgage services.
Since its beginning, Stillwater has been under the direct leadership of President and CEO Mark Davey, who was tasked to test the waters of property and casualty insurance for FNF in California in 2000. Through setting up a managing general agency (MGA) and purchasing Anza Insurance (to be renamed Fidelity National Insurance Company), he formed the sales and underwriting core of FNF’s insurance division – as well as the “seed” of the group of companies that would one day be branded as “Stillwater.”
By 2002, the insurance division of FNF had rapidly expanded its geographic footprint and was ready to move beyond the Golden State. Fueled by vision and a passion for the industry and its customers, Davey and his growing team executed a strategy of both forming and acquiring additional companies.
- In 2002, they formed Fidelity National Lloyds to serve a broader variety of consumer needs.
- In 2003, they acquired First Community Insurance Company, which was eventually renamed Stillwater Property and Casualty Insurance Company.
- Later in 2003, they acquired Mutual of Omaha’s flood and personal lines business. The acquisitions made FNF the country’s largest flood insurance provider both overall and through independent agents.
The strategy helped the division grow its business volume, as well as the division’s talent, product breadth and technology capabilities – all critical elements of a customer-focused insurance provider.