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  September 5, 2001
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Home > Company Index > Insurance > Property & Casualty Insurance > Preserver Group, Inc.

Preserver Group, Inc.
Nasdaq: PRES
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 PROFILE
Preserver Group (formerly Motor Club of America) is parent to affiliates that provide property and casualty insurance. Preserver Insurance sells small commercial and homeowners' insurance and Motor Club of America Insurance Company writes personal auto insurance (some 55% of premiums). Both firms operate in New Jersey. Expanding operations to areas outside New Jersey, Preserver has acquired North East Insurance and Mountain Valley Indemnity, which operate in New England and New York. The company has changed its name to reflect its focus on small commercial lines. Chairman Archer McWhorter owns almost 25% of the company.

 COMPETITION
21st Century Insurance Group (TW)
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The Progressive Corporation (PGR)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 90.10
1-Yr. Sales Growth: 47.5%
Employees: 185
Revenue per employee: $487,027.03

 KEY PEOPLE
• Stephen A. Gilbert
    CEO
• Patrick J. Haveron
    CFO

 CONTACT INFO
95 Rte. 17 South
Paramus, NJ 07653
US
Phone: 201-291-2000
Fax: 201-291-2125
Online: Web Site

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