Companies that enjoy a reputation for foresight are not gazing into a crystal ball. They're working to develop market leadership, excellence in everyday operations, and sustainable growth strategies that create long-term value for their stakeholders.
The Midland Company today operates on the same sound principles and values as it did in 1938, when it was founded as the Midland Discount Corporation.
Today, The Midland Company (Nasdaq: MLAN) is a highly focused provider of specialty insurance products and services through its American Modern Insurance Group subsidiary, which contributes approximately 95 percent of the company's revenues. The company also maintains an investment in a niche river transportation business, M/G Transport Services, Inc. (M/G).
American Modern is a leading provider of specialty insurance products and services, with a particular focus on short-term, personal lines, property insurance products, including physical damage insurance and related coverages for manufactured homes, motorcycles, watercraft, recreational vehicles, collectible automobiles and snowmobiles. American Modern distributes its products and services through diverse channels of distribution.
From its modest beginnings in 1938 as a discount loan firm, The Midland Company has branched out over the years to serve a wide and diverse market with an array of specialty insurance products.
Last Updated on May 9, 2006
