Madison Mutual Insurance Company is dedicated to providing exceptional insurance products and service to our members and agency partners at competitive prices.
Madison Mutual was born because of one man who took action. In 1919, a man named Joseph Hlad was unsatisfied with the way his insurance company handled his claim after an auto accident. The owner of a local general store in Mont Station, Illinois, Hlad decided to take the matter in his own hands and develop his own auto insurance company.
Convincing 265 of his neighbors to contribute $20 each to form the company, Hlad created Madison County Mutual Auto Insurance Company, which opened for business in January 1920 inside Hlad’s general store.
Until the early 1980s, Madison Mutual exclusively wrote auto insurance policies, but that all changed in 1983 when the newly named Madison Mutual Insurance Company expanded into Home, Farm and Personal Umbrella lines. Madison Mutual currently serves customers in Illinois, Missouri, Indiana and Wisconsin.
Mike joined Madison Mutual in 2001, as Director of Claims and was promoted to Corporate Vice President in 2005. He was named President and elected to the Madison Mutual Board of Directors in 2008. Mike now uses his more than 29 years of experience in the insurance industry to lead the whole of Madison Mutual. He received his bachelor of science in business/finance from Eastern Illinois University, and holds both the Chartered Property and Casualty Underwriter (CPCU) and Associate in Claims (AIC) designations. Mike is also active in the community as a member of Rotary and the EGHM Foundation, and in the insurance industry as a member of the National Association of Mutual Insurance Companies’ Property Casualty Conference Board, having previously served as its chairman. When not working, Mike enjoys fishing, biking and playing guitar. Connect with Mike on LinkedIn.
Ann began her story at Madison Mutual as Controller in 1998. In her past, she held accounting and management roles with Deloitte and Basler Electric Company. She was promoted to Treasurer in 2005, and Corporate Vice President and Treasurer in 2008. Ann is responsible for all financial management aspects of Madison Mutual’s operations, while serving as a member of the executive leadership team as well as multiple committees. She holds both an MBA and a bachelor of accountancy from Southern Illinois University in Edwardsville, IL, where she also serves on the Alumni Association Board of Directors. In her free time, she can be found rooting on the St. Louis Blues and the SIUE Cougars basketball team with her season tickets, traveling, or enjoying time with family and friends. Connect with Ann on LinkedIn.
Nick joined Madison Mutual in 2019 with years of experience under his belt, including Chief Actuary at ACCC Insurance Company, Chief Actuary at Stonetrust Commercial Insurance Company, President/CEO at Workmen’s Auto Insurance Company, EVP Insurance at Balboa Insurance/Countrywide Home Loans and Chief Actuary/Testifying Actuary at The National Council on Compensation Insurance (NCCI). As Chief Actuary and Director of Business Development, he is responsible for pricing, product development, IBNR reserve analysis and business development. Nick received his MBA in Organizational Behavior/Business from Pepperdine University and his B.S. in Mathematics from The Pennsylvania State University. He is a Fellow in the Casualty Actuarial Society and a Member of the American Academy of Actuaries. In his free time, Nick enjoys playing golf, traveling, spending time with his dogs, watching sports and serving as a youth referee. Connect with Nick on LinkedIn.
As Director of Claims, Brian leads the property and casualty claims customer service-oriented team for Madison Mutual. Prior to joining Madison Mutual in 2012, he held several leadership roles within State Farm, including managing the Special Investigation Claim Team. Brian received his Juris Doctor from Southern Illinois University in Carbondale, IL, and his bachelor of arts from Millikin University in Decatur, IL. He holds the Chartered Property and Casualty Underwriter (CPCU), Chartered Financial Consultant® (ChFC), Chartered Life Underwriter (CLU) and Associate in Claims (AIC) designations. Brian likes to relax through fitness and connecting with family. Connect with Brian on LinkedIn.
Paul serves as the Director of IT. He leads the talented computer professionals, who provide support for the online policy management system, as well as hardware and network support for everyone at Madison Mutual’s home office. Prior to joining the company in 2014, he held several programming and consultant roles for Fortune 500 companies in St. Louis, including Anheuser-Busch, Southwestern Bell, MasterCard and Nestle-Purina. Paul loves to code and write tools for coding. When he’s not working on the computer, he rides his bicycle as often as possible, reads and spends time with his grandchildren. Connect with Paul on LinkedIn.