Federated Insurance is guided by our Mission Statement: As a Mutual Insurance Company, we believe our value is measured by the success of our clients. It’s Our Business to Protect Yours®Federated specializes in business insurance and risk management services for select industries including:– Auto, motorcycle dealers, and powersports dealers– Auto service & repair and auto parts– Building material dealers– Cabinet and custom woodworking shops– Contractors– Convenience store operators– Farm, dairy, and industrial equipment dealers– Funeral services– Grocery stores– Jewelry retailers– Machining, plastics, and tooling– Petroleum marketers and transport– Wholesale & retail operations– Printers– Tire dealersHistory: In 1904, Federated Insurance Company was founded in Minnesota by an association of business owners seeking more affordable property insurance tailored to meet the needs of their industry.Profile:• More than 500 state, regional, and national industry association and affinity groups recommend Federated to their members. • Multi-line company that offers property, liability, surety, auto, workers compensation, umbrella, andlife and disability income insurance• Mutual company structure, meaning Federated’s key stakeholders are its policyholders, not shareholdersas in stock insurance companies• 61st largest property and casualty insurance company in America based on premiums• 13th largest property and casualty mutual insurer in America based on premiumsBenchmark Ratings:• A.M. Best® — A+ (Superior)• Ward's Top 50 - Of the 3,800 insurance companies rated by Ward's, Federated is only one of five companies who are on Ward's Top 50 for both P&C and Life Insurance.
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