STOCK TITAN

Mercury Insurance Named to Forbes' America's Best Employers 2025 List

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

Mercury Insurance (MCY) has earned a place on Forbes' America's Best Midsized Employers 2025 list, showcasing its dedication to employee growth and company culture. The recognition comes through an independent survey conducted by Forbes and Statista, analyzing over 6.5 million employer evaluations from 217,000 U.S. employees.

The evaluation process incorporated both personal feedback from team members and public opinions, with greater emphasis on employee input. The assessment covered six key areas: image, work atmosphere/development potential, wages, diversity, working conditions, and workplace environment.

CEO Gabriel Tirador highlighted the company's strong culture that promotes growth and innovation. Notable is Mercury's exceptional employee retention, with an average tenure exceeding 12 years - nearly triple the insurance industry average. The company, established in 1962, maintains its focus on supporting team members and fostering a workplace where employees feel valued and empowered.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction 1 Alert

+1.08% News Effect

On the day this news was published, MCY gained 1.08%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Recognition Highlights Mercury's Commitment to Team Members Growth and Company Culture

LOS ANGELES, April 16, 2025 /PRNewswire/ -- Mercury Insurance has been awarded a spot on the Forbes list of America's Best Midsized Employers for 2025. This prestigious recognition is made in collaboration with Forbes and Statista, the world-leading statistics portal and industry ranking provider.

Forbes and Statista selected America's Best Midsized Employers 2025 through an independent survey from a vast sample of over 217,000 U.S. team members working for companies employing at least 1,000 people within the U.S. More than 6.5 million employer evaluations were considered.

The final score is based on two types of evaluations: personal (those given by team members themselves) and public (those given by friends and family of team members or members of the public who work in the same industry), with a much higher weighting for personal evaluations.

"Our team members have been at the heart of our success for more than 60 years," said Gabriel Tirador, Mercury Insurance CEO. "When we ask our team what they enjoy most about working at Mercury, the main response is always our culture. That culture sparks growth and innovation. We give back to our community every single day by focusing on helping them to prepare for and overcome life's unexpected challenges. At Mercury, we truly care about our customers and each other, and that is the solid foundation upon which Mercury is built."

The Statista surveys collected information across a broad range of topics, giving respondents the opportunity to judge their employer as a whole, based on individual categories. Statista used six primary drivers to identify the top employers. These categories — image, work atmosphere/potential for development, wage/salary, diversity, working conditions and workplace — were then used to determine team members' willingness to recommend their employer to others.

Mercury has prioritized team member experience and career growth since the company first opened in 1962, which has allowed it to build a loyal and diverse workforce that is marked by an average tenure of more than 12 years — nearly three times the average for the insurance industry (per the Bureau of Labor Statistics).

"We are truly honored to receive this recognition and are deeply proud of the exceptional team we've built here at Mercury," said Tirador. "Our team members are at the heart of everything we do, and this award reflects our commitment to creating a workplace where everyone feels valued, supported and empowered. At Mercury, we believe that when our team members thrive, our company thrives, and this recognition is a direct reflection of that philosophy."

About Statista

Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, business-relevant data, and various market and consumer studies and surveys.

About Mercury Insurance

Headquartered in Los Angeles, Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier offering personal auto, homeowners, and renters insurance directly to consumers and through a network of independent agents in Arizona, California, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida. Mercury also writes business owners, business auto, landlord, commercial multi-peril and mechanical protection insurance in various states. 

Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultra-competitive rates with excellent customer service, through nearly 4,100 team members and a network of more than 6,500 independent agents in 11 states. Mercury has earned an "A" rating from A.M. Best, as well as "Best Auto Insurance Company" designations from Forbes and Insure.com. For more information visit www.MercuryInsurance.com or follow the company on Twitter or Facebook.

Mercury Insurance Logo.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mercury-insurance-named-to-forbes-americas-best-employers-2025-list-302429886.html

SOURCE Mercury Insurance

FAQ

How did Mercury Insurance (MCY) qualify for Forbes' Best Employers 2025 list?

Mercury qualified through an independent survey of 217,000 U.S. employees, with over 6.5 million employer evaluations considered, focusing on factors like work atmosphere, salary, diversity, and working conditions.

What is the average employee tenure at Mercury Insurance (MCY) in 2025?

Mercury Insurance's average employee tenure exceeds 12 years, which is nearly three times the insurance industry average according to Bureau of Labor Statistics.

What are the six main categories used to evaluate Mercury Insurance (MCY) for the Forbes 2025 ranking?

The evaluation categories were image, work atmosphere/potential for development, wage/salary, diversity, working conditions, and workplace.

How does Mercury Insurance (MCY) maintain its employee satisfaction in 2025?

Mercury maintains employee satisfaction through its strong company culture, focus on growth and innovation, commitment to employee development, and creating an environment where team members feel valued and supported.

What is the significance of Mercury Insurance's (MCY) employee retention rate?

The 12-year average tenure demonstrates exceptional employee retention, reflecting strong company culture and employee satisfaction, significantly outperforming the insurance industry average.
Mercury General

NYSE:MCY

MCY Rankings

MCY Latest News

MCY Latest SEC Filings

MCY Stock Data

5.21B
26.56M
52.03%
47.55%
2.96%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
LOS ANGELES