|
|
 |
| |
|
Home > Property Insurance Coverage > Home Owners Insurance > Federated Mutual Insurance Company
Federated Mutual Insurance Company
Federated Mutual Insurance Company was formed at the turn of the century by a group of business people who were seeking better value for their insurance premium dollar. In the early years, equipment dealer Charles I. Buxton was virtually a one-man company. With one assistant, he issued policies, handled correspondence, kept the books, and paid claims. Even then, safety standards were adopted and only businesses that adhered to those practices were accepted as clients. This emphasis on safety resulted in fewer losses, which led to substantial savings, while allowing the Company to expand its services. The concept of insuring select businesses remains a part of their business strategy today.
For Federated, mid-century meant the beginning for a spirited new president, John A. Buxton. Under his leadership, Federated became one of the first insurers to provide coverage for property, liability, and health insurance. During his tenure, many new employee training programs were implemented. These measures laid the foundation for a culture that today assures quality insurance products and professional service.
Their mission is to provide superior risk management services for those business owners and affinity groups who need and value their specialized coverage, risk management resources, informative counsel and prompt and fair claims service.
For over a century, the firm has provided peace of mind to business owners through valued insurance protection. Their home office is located in Owatonna, Minnesota, with regional offices in Atlanta and Phoenix, and several service offices located throughout the country. Federated has more than 2,600 employees and operates in 48 states and the District of Columbia.
Federated is one of the largest mutual company insurers of property and liability insurance in the United States and is listed in Fortune Magazine’s Fortune 1,000 Companies. Federated is also included in the 2005 Ward’s 50 Benchmark Group of companies that have excelled at balancing financial safety, consistency, and performance over a five-year period from 2000 to 2004.
Everything you need to know about
Home Insurance is here at
CovermeHomeInsurance.com
Permission is granted to reproduce this article as long as the above
resource paragraph is left intact with active links.
Back to Home Owners Insurance
|
|
|
|
|
|
|
|