Federated Insurance Snapshot
As a mutual insurance company, we believe our value is measured by the success of our clients.
For more than a 100 years, Federated Insurance® has made its business about people.
In 1904, Federated Insurance was founded in Minnesota by an association of business owners seeking more affordable property insurance, tailored to meet the needs of their industry. In the following years, the company continued to grow and diversify its portfolio of business, becoming among the nation’s first multi-line insurance companies with its expansion into liability coverage. And by the end of the 20th century, it was among the largest mutual insurance ꟷ a structure that allows companies to base decisions on what’s best for clients, not stockholder returns and investments ꟷ companies in the nation.
Federated specializes in business insurance and risk management services for select industries. And while its national headquarters remain in Owatonna, Minnesota, not all 2,600+ Federated employees call Owatonna home. The multi-line company ꟷ it offers property, liability, surety, auto, workers compensation, umbrella and life and disability income insurance ꟷ has service offices across the country. Federated insures 32,000 clients and is licensed in 49 states and the District of Columbia.
But perhaps what sets Federated apart from other insurance companies is its:
• 110-year partnership with associations and buying groups: The majority of its premiums are, in some way, connected to more than 500 state, regional, and national associations and buying group recommendations.
• Direct distribution model: That means marketing representatives are located across the country, serving as the direct point of contact to their clients.
In 1904, Federated Insurance was founded in Minnesota by an association of business owners seeking more affordable property insurance, tailored to meet the needs of their industry. In the following years, the company continued to grow and diversify its portfolio of business, becoming among the nation’s first multi-line insurance companies with its expansion into liability coverage. And by the end of the 20th century, it was among the largest mutual insurance ꟷ a structure that allows companies to base decisions on what’s best for clients, not stockholder returns and investments ꟷ companies in the nation.
Federated specializes in business insurance and risk management services for select industries. And while its national headquarters remain in Owatonna, Minnesota, not all 2,600+ Federated employees call Owatonna home. The multi-line company ꟷ it offers property, liability, surety, auto, workers compensation, umbrella and life and disability income insurance ꟷ has service offices across the country. Federated insures 32,000 clients and is licensed in 49 states and the District of Columbia.
But perhaps what sets Federated apart from other insurance companies is its:
• 110-year partnership with associations and buying groups: The majority of its premiums are, in some way, connected to more than 500 state, regional, and national associations and buying group recommendations.
• Direct distribution model: That means marketing representatives are located across the country, serving as the direct point of contact to their clients.