The history of the Insurors Indemnity Companies can be traced back to the late 1890s when John Francis Marshall established an insurance agency in Waco. Shortly thereafter, John sold the company to his brother, E.W. Marshall who was an extensive investor in early local businesses. The small, family-owned company that began operation as the E.W. Marshall Company in 1911 has evolved to become the company we know today as the Insurors Indemnity Companies. In 1923, Mr. Stribling became a partner with Mr. Marshall and in 1930 became the sole owner. The Marshall and Stribling families had distinguished histories in Central Texas. E.W. Marshall was an esteemed investor and banker and President of the Independent Insurance Agents of Texas in 1917.

Tragedy struck the city of Waco in 1953 when a deadly tornado killed 111 people and destroyed much of the downtown area. The Stribling Agency insured a large portion of the damaged buildings and offices. In 1954 Davis Stribling died, and Thomas Stribling took over ownership of the agency. Growing the agency rapidly, the Stribling Agency merged with two other well-established firms, Rolla Greig and Company and E.C. Woodward and Company. Together they formed Stribling, Woodward and Greig, or SWG, Inc., as it came to be known, which was the largest agency in Central Texas.

Feeling that the major stock companies represented by the agency were not responding to the needs of the independent agency world, the Directors of Insurors of Texas authorized the formation of a property and casualty insurance company in 1983. Insurors Indemnity Company was formed with capital of $300,000 and began limited operations.

The companies received the first A. M. Best rating in 2003 at B++ (Very Good). In 2001 the company expanded its writings to property and casualty in addition to surety. Jim Piper became President in 2002, building the P&C and Surety operations. In 2006 Insurors purchased and completely renovated a downtown landmark building which had been vacant since 1989. Built originally in 1911 and expanded in 1925, the Waco Drug Company building has been listed on the National Register of Historic Places and has won several historical renovation honors. As much of the historical fabric as possible was retained in its restoration. The companies continued their growth becoming licensed in New Mexico, Oklahoma and Arkansas with over 300 agents appointed. A.M. Best upgraded the companies’ rating to A- (Excellent) in 2008.

As a managing general underwriter, Insurors Indemnity Underwriters expanded the number of insurance products available through both admitted and non-admitted, affiliated and non-affiliated companies. This expanded the companies offerings across commercial insurance lines and added personal lines products.