Founded in 1981, Magnum Insurance is located in Chicago with offices in other states, such as Michigan and Indiana. The company offers homeowners, dwelling fire, flood, personal umbrella liability, commercial package, artisan contractor general liability and builder's risk insurance. The company s programs provide several discounts for risk characteristics that indicate reduced loss exposure. It provides a variety of insurance services, such as risk management, insurance services and consulting solutions, biotechnology, commercial and financial services. In addition, it offers workers compensation, property and casualty, employee benefits, directors and officers liability insurance. Magnum Insurance has a Spanish-speaking staff.