Although a year unlike any other, 2020 continued to be another successful year for Rural Mutual from a business standpoint. In addition, it gave us an opportunity to give back to our policyholders and communities in ways that we haven’t before. As we look ahead to what 2021 will bring, we reflect on our accomplishments over the past year.
For the 12th consecutive year Rural Mutual has been selected as a Ward’s Top 50® Performer. The Ward Group, is a leading provider of operational and compensation benchmarking and best practices studies for the insurance industry.
Jason Feist joined the Execute Team at Rural Mutual in the role of Vice President of Customer Acquisition and Service.
For the fourth year in a row, Rural Mutual paid out a 5% Farm Dividend, rewarding Wisconsin farmers. The Farm Dividend program is just one of the many ways Rural Mutual serves its farmers and reinforces its relationship with the Wisconsin Farm Bureau.
As we found ourselves in unprecedented times during the Safer at Home Order due to COVID-19, Rural Mutual received fewer personal auto insurance claims, as a result of vehicles being driven less. In recognition of this, Rural Mutual introduced a Personal Auto Relief Program which refunded current, active policyholders 15% on two months of personal auto premium.
Rural Mutual Insurance and Wisconsin Farm Bureau Federation established the Wisconsin Food and Farm Support Fund to raise money for established non-profits to help Wisconsinites during the COVID-19 pandemic. As of December, 2020 the fund has raised $60,000.
AM Best announced that Rural Mutual Insurance earned a Financial Strength Rating of A+ (Superior) for the third year in a row. Rural Mutual is one of five single state insurers in the U.S. and the only single state insurer in Wisconsin to receive an A+ rating.
Rural Mutual continued their support of the WIAA with their involvement in promoting good sportsmanship during youth athletic events. For the 55th year we sponsored the WIAA/Rural Mutual Sportsmanship Award.
Thank you to our partners and policyholders who continue to put their trust in us. We look forward to another successful year in 2021.