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History

About Us > History
  • Seventh-day Adventist Church established.

    - Jul 1863
    Seventh-day Adventist Church established.
  • William Benjamin presents captive insurance company concept to Adventist church leadership.

    - Aug 1935
    William Benjamin presents captive insurance company concept to Adventist church leadership.
  • Adventist church appropriates $25,000 to establish the International Insurance Company of Takoma Park, Maryland.

    - Aug 1936
    Adventist church appropriates $25,000 to establish the International Insurance Company of Takoma Park, Maryland.
  • Gencon Insurance Service, Inc. begins offering Aviation Insurance to cover Adventist church owned aircraft, airstrips, flight schools, and pilots.

    - Jul 1940
    Gencon Insurance Service, Inc. begins offering Aviation Insurance to cover Adventist church owned aircraft, airstrips, flight schools, and pilots.
  • General Conference Insurance Services, Inc. (later named Gencon Insurance Service, Inc.) is founded, allowing the Adventist church to purchase insurance directly from the commercial market.

    - Jun 1958
    General Conference Insurance Services, Inc. (later named Gencon Insurance Service, Inc.) is founded, allowing the Adventist church to purchase insurance directly from the commercial market.
  • Gencon Agency, Inc. formed to provide direct access to personal lines of insurance for denominational employees.

    - Nov 1969
    Gencon Agency, Inc. formed to provide direct access to personal lines of insurance for denominational employees.
  • European regional office established in St. Albans, United Kingdom.

    - Oct 1978
    European regional office established in St. Albans, United Kingdom.
  • Gencon Insurance Company of Vermont begins operation and all denominational insurance policies are transferred to this new company.

    - Apr 1987
    Gencon Insurance Company of Vermont begins operation and all denominational insurance policies are transferred to this new company.
  • Seventh-day Adventist Church world headquarters moves from Takoma Park, Maryland to Silver Spring, Maryland. Gencon Insurance Service, Inc. also moves to the Silver Spring location.

    - Jul 1989
    Seventh-day Adventist Church world headquarters moves from Takoma Park, Maryland to Silver Spring, Maryland. Gencon Insurance Service, Inc. also moves to the Silver Spring location.
  • Gencon Insurance Service, Inc. changes its name to Adventist Risk Management®, Inc. (ARM).

    - Aug 1995
    Gencon Insurance Service, Inc. changes its name to Adventist Risk Management®, Inc. (ARM).
  • Adventist Risk Management, Inc. – South America is incorporated under the ARM group of companies to serve Adventist church organizations in South America.

    - Oct 2000
    Adventist Risk Management, Inc. – South America is incorporated under the ARM group of companies to serve Adventist church organizations in South America.
  • The Gencon Insurance Company International, Ltd. is established in Gibraltar to allow more effective operations within the European Union.

    - Jan 2002
    The Gencon Insurance Company International, Ltd. is established in Gibraltar to allow more effective operations within the European Union.
  • ARM celebrates 75 years of providing insurance and risk management solutions for the Seventh-day Adventist world church.

    - Jun 2011
    ARM celebrates 75 years of providing insurance and risk management solutions for the Seventh-day Adventist world church.
  • Activities of Gencon Agency, Inc. and Gencon Insurance Service, Inc. merge into Adventist Risk Management, Inc.

    - Sep 2014
    Activities of Gencon Agency, Inc. and Gencon Insurance Service, Inc. merge into Adventist Risk Management, Inc.
  • ARM begins to offer cyber liability insurance and drone insurance to its clients.

    - Oct 2015
    ARM begins to offer cyber liability insurance and drone insurance to its clients.
  • Solutions, Adventist Risk Management, Inc.’s risk management newsletter, celebrates 20 years of publication.

    - Oct 2015
    Solutions, Adventist Risk Management, Inc.’s risk management newsletter, celebrates 20 years of publication.
  • ARM rebrands its website, AdventistRisk.org, into 5 microsites to provide contextualised insurance and risk management solutions for its expanding global market.

    - Oct 2017
    ARM rebrands its website, AdventistRisk.org, into 5 microsites to provide contextualised insurance and risk management solutions for its expanding global market.

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