Amica CEO Ted Shallcross III Named Among Providence Business News’ 40 ‘Driving Forces’ in Rhode Island

Shallcross was recognized for leadership, financial strength and commitment to Rhode Island

LINCOLN, R.I.--(BUSINESS WIRE)--Amica Mutual Insurance Company’s Chairman, President and CEO Edmund (Ted) Shallcross III has been recognized by Providence Business News as one of Rhode Island’s 40 ‘Driving Forces’, an honor recognizing leaders who have made a significant impact on the state’s business community.

The recognition comes as Shallcross marks nearly four years at the helm of Amica, where he has guided the 119-year-old mutual insurer through a period of sustained financial strength, customer recognition and strategic growth. Since assuming the role of president and chief executive officer in October 2022, Shallcross has established a clear vision for Amica focused on disciplined underwriting, exceptional customer service, technology-driven operational excellence and a thriving workplace culture, all while maintaining the company’s long-standing values and commitment to the communities it serves.

“Amica has been part of Rhode Island for over 119 years, and I’m proud that our company continues to grow stronger while remaining deeply committed to the state where we were founded,” said Shallcross. “This recognition is a reflection of the talented people of Amica and the trust our policyholders place in us every day. I’m grateful to be part of an organization that remains focused on doing what’s right for our customers, our people and our communities.”

In April 2026, Amica’s board of directors appointed Shallcross chair of the board, recognizing his leadership and strategic vision. Under Shallcross’ leadership, Amica reached its second-highest surplus level in company history in 2025, a critical measure of the company’s ability to cover losses and stand behind its policyholders. The company’s financial strength reflects a leadership strategy centered on disciplined underwriting, exceptional service delivery and operational efficiency.

For more information about Amica Mutual Insurance, visit Amica.com.

About Amica
Founded in 1907, Amica Mutual Insurance Company is headquartered in Lincoln, Rhode Island, and is the oldest mutual automobile insurer in the United States, offering auto, home, life and umbrella insurance policies nationwide. With $6.3 billion in assets and over 3,500 employees, Amica creates peace of mind and builds enduring relationships with its customers across the country, protecting what’s most important to them.

Amica’s award-winning customer service is rooted in empathy and compassion. The company has been recognized with more than 67 JD Power awards, including #1 rankings in customer satisfaction among homeowners and rental insurance providers in 2025. Amica has also been named one of America’s Best Insurance Companies by Forbes for five consecutive years and holds an A+ rating for financial stability from AM Best.

Learn more at Amica.com.