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The Company was organized in 1948 by a group of Utah funeral directors for the purpose of providing the public with an insurance product designed to help pay funeral costs at the time of need. Some of the original founders still serve the Company as members of the Board of Directors. The Company began its operations as Sentinel Mutual Insurance Company. In 1954, the Articles of Incorporation were amended to change the Company to a capital stock insurer and the name was changed to Sentinel Insurance Company. In 1957, the Articles of Incorporation were again amended to change the company's name to its present status as Sentinel Security Life Insurance Company. In 1962, we acquired Uinta National Insurance Company of Utah and United Reserve Life Company of Montana. In 1965, we acquired National Mutual Insurance Company of Utah.
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As leaders in risk management for earthquakes, hurricanes, floods and other disasters, we take a fresh perspective on specialty property insurance. Palomar was founded in 2014 by seasoned insurance leaders with a vision for a better way to protect individuals and businesses with innovative specialty property insurance solutions. Our leadership team combines extensive insurance experience and expertise in specialty underwriting, reinsurance, program administration, distribution and analytics. Every home, every business and every neighborhood is unique so Palomar uses more accurate risk measures and an extensive partner network to write tailored, geographically differentiated policies. Our goal is to provide every customer with economic resiliency.