The Washington Chamber of Commerce has named Farm & Home Mutual Insurance Association its 2024 Business of the Year. The award was presented March 25 at the Greater Washington Business Partnership Annual Dinner.
“Many changes have occurred in the insurance industry due to an increase in the number and intensity of storms and advances in technology,” the press release states. “Although Farm & Home Mutual is not the largest mutual in Iowa, we are consistently recognized and praised by Grinnell Mutual Reinsurance for our business practices, adoption of technology, and willingness to adapt to the changing insurance industry. It has been.”
The Chamber specifically noted that Farm & Home Mutual is protecting the interests of policyholders through improved underwriting practices. We leveraged cutting-edge technology to pioneer paperless operations, digitize insurance policies and records, facilitate virtual exams, and enable online payments for the convenience of our policyholders.
Additionally, the company pioneered the use of drones for property inspections in Iowa, demonstrating its adaptability to evolving market dynamics. These proactive measures have not only preserved but also strengthened the financial assets essential to ensuring comprehensive insurance coverage in the event of a loss.
Over the years, Farm & Home Mutual has strengthened the community through support of a variety of initiatives, including supporting a new facility for the Washington County YMCA. Sponsored by the Washington County Fair. Donate to the purchase and training of his K-9 unit for the Washington Police Department. Donate to the Ainsworth Fire Department and Firemen's Golf Event. And we donate to hospices, Paws & More, among others.
The company is Washington state's longest continuously operating company, celebrating its 150th anniversary this year.