# Amica Insurance

Amica Insurance is a Pension Fund based in Lincoln, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Lincoln, United States
- **Region:** North America
- **Address:** 100 Amica Way, Lincoln, RI 02865, United States
- **Founded:** 1965
- **Assets under management:** 1.77B (Altss estimate)
- **Website:** www.amica.com
- **LinkedIn:** https://www.linkedin.com/company/amica-mutual-insurance-co

## Regulatory record

- **Reports private funds:** No

## About

Amica Pension Plan was established in 1965. Edmund Shallcross III serves as President and CEO of the sponsoring Amica Mutual Insurance Company. The plan covers employees of Amica Mutual Insurance Company and Amica Life Insurance Company. The plan allocates 2.49% to private equity. It holds positions in public equities including IXUS, NVDA, MSFT, AAPL, AMZN, GOOGL, BRK.B, V, META and LMT. Geographic exposure centers on the United States with additional holdings in international equities via IXUS. The plan also maintains a direct secondaries and co-investment posture alongside fund commitments. The plan reports $1.77B in assets. Amica Mutual Insurance Company maintains regional offices in Phoenix and Horsham. The Amica Companies Foundation, established in 1996, holds $43.8M and directs grants to education-focused recipients including Year Up and United Way of Rhode Island. In October 2025 the firm sponsored the Hall of Fame Series Boston. Amica Mutual Insurance Company owns 100% of Amica Life Insurance Company, Amica Property and Casualty Insurance Company and Amica General Agency through direct ownership. This integrated operating-company structure separates the pension plan from the parent insurer while sharing investment oversight through Susan F. Chung.

## Sectors

- Insurance
- Financial Services

## Offices

- Phoenix, AZ
- Horsham, PA

## People

- Edmund Shallcross III — President and CEO
- Susan F. Chung — Chief Investment Officer and Chief Strategy Officer

## Questions

### Who runs investment decisions at Amica Pension Plan?

Susan F. Chung serves as Chief Investment Officer and Chief Strategy Officer. Edmund Shallcross III serves as President and CEO of the sponsoring Amica Mutual Insurance Company.

### Does Amica Pension Plan participate in fund commitments or only direct deals?

The plan holds commitments to funds including Goldman Sachs Private Equity Partners XI and maintains allocations to direct secondaries and co-investments.

### What asset classes does Amica Pension Plan allocate to?

The plan allocates to public equities, private equity at 2.49% and holds real estate assets through the parent company including the Lincoln headquarters.

### What is Amica Pension Plan's known posture on co-investments?

The plan pursues co-investments alongside external GPs in addition to fund commitments and direct secondaries.

### Which sectors does Amica Pension Plan hold positions in?

Public equity holdings include technology names such as NVDA, MSFT, AAPL, GOOGL and META as well as financials and industrials.

## Related profiles

- [Fons de Reserva de Jubilació](https://altss.com/profile/fons-de-reserva-de-jubilaci)
- [Quadrille Capital](https://altss.com/profile/quadrille-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/amica-insurance

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology