Farmers Insurance Group is an American insurance and financial services company. It has more than 48,000 agents and employees. The group provides financial and insurance products to individuals and businesses. The company has a history of providing high quality service and competitive rates. Its mission is to help people protect their assets and provide for their financial future.
John C. Tyler
Farmers Insurance Group is one of the largest insurance companies in the U.S. Founded in 1928, it rose from the ashes of the Great Depression to become the industry’s leading insurer. Founder John Tyler and his wife Alice loved nature and the environment. Because of this, the Tylers established an annual award to encourage conservation and nature awareness.
The company began as an auto insurance company that sold policies to farmers and ranchers. Since then, it has expanded to include home, renters, and life insurance. In addition, the company operates three mutual insurers owned by policyholders. Farmers Insurance serves a wide variety of consumers, from young families to retirees. Its credit card rewards program allows its customers to earn points when they use their credit card.
During the 1940s, Farmers increased its size by acquiring the New World Life Company, a company based in Seattle. It also became the first company west of the Mississippi to adopt IBM computers. In addition, the company became the official insurance sponsor of the Pasadena Tournament of Roses and the Rose Parade. It also sponsored radio programs and community activities. It was also the first company to offer monthly payments without interest. In the 1980s, the company expanded into 25 states, employed more than 14,000 agents, and began a drive-in claims service.
Rob Howard is the Chief Claims Officer at Farmers Insurance Group of Companies, the nation’s largest provider of specialty insurance. He joined Farmers in 1987 as a claims representative. In 2000, he moved to Southern California to become a manager of auto property damage claims. In 2012, he was promoted to be the head of property field claims. Most recently, he was promoted to head of claims shared services.
In his current role, Howard oversaw several business units that provided services to the Claims organization. These included Claims Support Services, the National Document Center, Special Investigations Unit, and Strategic Initiatives. He also oversaw the University of Farmers’ Claims training program. And as the manager of the business, he is responsible for ensuring that the organization is delivering the highest quality of service to its customers.
Kim joined Farmers Insurance in 2009 as part of the company’s acquisition by 21st Century. Prior to her current role, Kim held key leadership positions in Farmers’ National Med/Pip organization and Auto Claims organization. She also served as the company’s Auto Central Zone head and as a National Strategy Leader. She has over 30 years of insurance experience.
She is the company’s Chief Risk Officer, a position that enables her to oversee the company’s risk management function and help the business achieve its strategic goals. Her role includes developing and implementing a risk framework and monitoring the company’s risk appetite and tolerance. The company’s risk management function is essential to its success, helping it achieve its goals.
The executive team at Farmers is rated “A+” by employees. Jeffrey Dailey, CEO and President, leads a team that is highly regarded. Overall, Farmers’ Executive Team is ranked in the top 5% of companies of similar size and industry. The Finance, Sales, Non-Binary, and Communications departments all rate the executive team as very good or excellent, but there is room for improvement.
Jim McLaughlin, former head of Liberty Mutual, joined Farmers Insurance in 2021. Prior to joining Farmers, McLaughlin held various leadership positions at Liberty Mutual, including Chief Operating Officer of North America Specialty. He also served as Executive Vice President of Business Insurance and Chief Underwriting Officer of Commercial Markets. As a result of his work, he has a broad background in insurance, including experience managing all functional areas.
Farmers Insurance has named Thomas Noh as its new chief financial officer of its Farmers Insurance Exchanges. He will replace Ron Myhan, who retired after nearly 40 years with the company. Thomas Noh has extensive experience in financial management, including at Transamerica and Executive Life. He will be responsible for the financial operations of the Farmers Insurance Exchanges, a group of three mutual insurers that work together.
Thomas Noh joined Farmers Insurance Exchanges in 1996 as the company’s head of claims analytics and exchange finance strategy. He will report to CEO and President Brian Cullina. Other changes at the exchange include the appointment of new head of finance Steve Cavanaugh and the resignation of John Lentz. Both were former leaders of ProMedica’s HCR ManorCare division.
The Farmers insurance group has appointed Raul Vargas as the new CEO. He will succeed Jeff Dailey, who will remain Chairman. Vargas will be responsible for all aspects of Farmers sales, including Farmers New World Life and Farmers Financial Solutions. He has been President and CEO of Zurich Santander Insurance America.
Vargas is a veteran of the insurance industry, with two decades of experience leading international organizations. He has served as CEO of Zurich Santander Insurance America, a holding company that serves 15 million clients in Latin America. He also served as the head of Zurich Santander Distribution in Miami and as the company’s chief Life actuary in Milan.
Farmers Insurance has recently appointed Steve McAnena to its leadership team. He will oversee all sales efforts in the Farmers Life segments and will report directly to CEO Jeff Dailey. He has over 20 years of experience in the financial services industry. He previously served as a senior vice president of ProEquities, Inc., and as the president of Farmers Brokered Solutions.
The insurance company started in 1868, and it operates in more than 40 countries worldwide. Farmers Exchanges is a subsidiary of Farmers Group, Inc., which has a board of directors that appoints its officers. One of those officers is Steve McAnena, who has been with the company since 1987 as claims representative. He relocated to Southern California in 2000.
Farmers Insurance has 47,367 employees in seven locations. The company is committed to privacy and security.