NatioNwide agribusiness insurance company

Transcription

1 NatioNwide agribusiness insurance company

2 Iowa farmers and cooperative leaders founded what became Farmland Mutual Insurance Company and Nationwide Agribusiness Insurance Company ( Nationwide Agribusiness ). Today, Nationwide Agribusiness is the leading insurer of farms and ranches in the U.S. We re also a front-runner in commercial insurance property, liability, and workers compensation products and services. We serve ag-based cooperatives, independent agribusinesses, and related businesses.

3 We have the insurance and risk solutions to help protect your operations, whether it s a small agribusiness or farm, or a large commercial operation. We work with you to identify hazards and reduce losses while providing the high-quality products and services you expect and deserve. We re a recognized industry leader in related loss control and claims services. Our experts specialize in loss control and claims, focusing on risk selection, loss prevention, rapid response to losses, and fair claims handling. Our integrity and ethical business practices help direct our On Your Side promise to customers. If you want superior service, customized products, informed insurance counsel, and fair prices, look to Nationwide Agribusiness!

4 We ve come a long way since we began insuring Iowa grain elevators in While staying close to our roots, we ve also grown with our customers and our sponsors. So today, in addition to insuring grain elevators, feed mills, and fuel distributors, we also serve sod farms, food processors, farms, implement dealers, and many other ag-related markets. We ve adapted to change by making sure the people working closest to our customers continue learning. We know it s key to serving our customers ever-changing needs. Nationwide Agribusiness has experts who are there for you. Our fleet specialists will help you manage your Driver Qualification Files. Our loss control consultants will help you create a business recovery plan before a crisis hits. If the worst happens, our claims adjusters will assist in rebuilding your operations. Our producers will find the right protection for your business. These and many other experts will help you face any business insurance situation. Simply stated, at Nationwide Agribusiness, we have the expertise you need. Whether it s a fleet specialist to help you manage Driver Qualification Files, a claims adjuster trained to assist in rebuilding your operations after a natural disaster, or a loss control consultant who can help you create a plan to prepare your business for recovery before a crisis hits, our experts are there for you.

5 We study the latest farm and We look at what makes your agricultural trends so that we operation unique, and customize understand what s impacting your your policies. No matter its size or business. Economic pressures, your specialty, you ll get the operation consolidations, web-based protection you need. services, real-time agents we see it. And we re responding. Our response A custom-fit policy is just the includes innovative coverages and beginning. For superior service that products, tailored for your needs. comes with your policy, it s hard to While our competitors may try to top our teamwork approach. From offer similar products, we remain clear, no-nonsense loss control a leader because we value building advice, to fair and hassle-free claims lasting relationships with you. service, our specialists are committed to protecting your livelihood. You can That s important because we know depend on us. It s in our roots and that no two farms are exactly alike. our culture.

6 More changes will undoubtedly come over the next hundred years. And we ll be right there beside you, giving you the protection and On Your Side experience you deserve. After all, we wouldn t be here without you. Call your local representative, call us at , or visit NationwideAgribusiness.com to learn more Locust Street Des Moines, IA Nationwide, the Nationwide framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company. *Property of Wisconsin Historical Society.

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8 Board of Directors Farmland Mutual Insurance Company Lewis J. Alphin A. I. Bell Michael A. Lex Ralph M. Paige Mount Olive, North Carolina Zanesville, Ohio Dublin, Ohio Pine Mountain, Georgia W. Kim Austen Gary A. Douglas Terry W. McClure Stephen S. Rasmussen Ankeny, Iowa Urbandale, Iowa Grover Hill, Ohio Columbus, Ohio Nationwide Agribusiness Insurance Company Jeffrey W. Zellers Hartville, Ohio Lewis J. Alphin A. I. Bell Michael A. Lex Ralph M. Paige Mount Olive, North Carolina Zanesville, Ohio Dublin, Ohio Pine Mountain, Georgia W. Kim Austen Gary A. Douglas Terry W. McClure Stephen S. Rasmussen Ankeny, Iowa Urbandale, Iowa Grover Hill, Ohio Columbus, Ohio Officers Jeffrey W. Zellers Hartville, Ohio Terry W. McClure Gail G. Snyder Michael P. Leach Timothy J. Dwyer Chairman of the Board Executive Vice President Chief Investment Officer Vice President Associate Vice President and Assistant Treasurer Gary A. Douglas* John P. Lebens President and Pamela A. Biesecker Vice President J. Morgan Elliott Chief Operating Officer Senior Vice President Corporate Reinsurance and Risk Management Associate Vice President and Assistant Treasurer Patricia R. Hatler Wendell P. Crosser* Executive Vice President Vice President Brad R. Liggett* Daniel J. Murphy and Chief Legal and and Treasurer Vice President Associate Vice President Governance Officer and Assistant Treasurer Rae Ann Dankovic* Steven G. Simmons* Terri L. Hill Vice President and Vice President Kathy R. Richards Executive Vice President Assistant Secretary Associate Vice President Chief Administrative Officer Craig C. Thomson* and Assistant Secretary Carol L. Dove Vice President Lawrence A. Hilsheimer Vice President Mark E. Hartman Executive Vice President and Assistant Treasurer David A. Conner Secretary Chief Financial Officer Associate Vice President Robert W. Horner, III and Assistant Treasurer Carrie A. Hall Vice President and Assistant Secretary Assistant Secretary *Des Moines Staff (All information as of May 2009)

9 National Accounts Sponsoring Organizations Alabama Farmers Cooperative, Inc. Associated Milk Producers, Inc. Bailey Nurseries Blue Diamond Growers California Dairies Consolidated Grain and Barge, Inc. Florida Natural Growers Growmark, Inc. Hartung Brothers, Inc. Heartland Cooperative Intermountain Farmers Association, Inc. MFA, Inc. National Education Center for Agricultural Safety The Scoular Company TFC Risk Management Services, Inc. All information as of May 2009

10 Combined Operations Highlights Nationwide Agribusiness/Farmland Insurance Direct Written Premium $391.7 $428.7 Combined Ratio Leverage Ratio A.M. Best Rating A+ Superior A+ Superior ($ in millions) Both Nationwide Agribusiness and Farmland Mutual Insurance Companies have again earned the A.M. Best Company s A+ (Superior) rating for sound financial and management practices. A.M. Best Company is the leading independent analyst of insurance company operations. * In the Nationwide reinsurance pool, Nationwide Agribusiness/Farmland Insurance issues the policy to the insured, and the other Nationwide companies reinsure an agreed proportion of each policy or risk. In this kind of arrangement, the insured has a direct contractual relationship with Nationwide Agribusiness/Farmland Insurance, but no direct legal rights against the other members of the pool. The purpose of the pool is to equitably marshal the reinsurance and financial capacity of the individual Nationwide companies for the benefit of our policyholders.