- Old Republic International Corporation, headquartered in Chicago, Illinois, specializes in property and casualty insurance and has established itself as a leader in underwriting and risk management services across the U.S. and Canada.
- In April 2026, Old Republic launched a new operating company, Old Republic Property Inc., to underwrite specialized property insurance products, marking its seventh specialty operating company launched since 2021.
- The new company will be led by Patrick Hagerty, who brings over 20 years of experience in property underwriting, and aims to leverage a national retail broker distribution network to reach its target market.
- Old Republic Property targets businesses seeking tailored property insurance solutions, addressing the need for specialized coverage in a diversified insurance landscape, making it a timely opportunity for sales teams to engage with potential clients.
Old Republic International comprises 18 departments, with a notable concentration in its Executive department, which employs 136 individuals. Operations and Finance follow, with 54 and 40 employees, respectively. This distribution indicates a strong emphasis on leadership and operational efficiency, while the relatively smaller headcounts in Engineering and Legal suggest a more specialized focus in those areas. Overall, the workforce demonstrates a balanced mix of functional expertise aligned with the company's operational needs.
The company operates across 54 locations, with a significant presence in Chicago, Illinois, housing 47 employees. Other notable locations include Wayne, PA, with 5 employees, and Boston, MA, with 4. The 'Other' category accounts for a substantial 284 employees, indicating a distributed workforce model that allows for flexibility and remote operations. This geographic distribution highlights a concentration in key urban areas while maintaining a broad reach across various states.
