Insurance Company History

Missouri Farm Bureau Insurance Services was created to fill a need - to provide insurance coverages to farmers and other rural residents of Missouri. Many large insurers traditionally underserved these individuals because they lived far from larger cities and towns. The membership and leaders of Missouri Farm Bureau recognized the opportunity that they could create companies that would provide insurance coverage to benefit this important group of people.

In 1946, automobile insurance was offered to Missouri Farm Bureau members through Farm Bureau Mutual Insurance Company. In 1949 the company expanded their operations to offer property insurance. Now known as Farm Bureau Town and Country Insurance Company of Missouri, we are among the top ten writers of automobile and homeowners insurance in Missouri, as well as the number one writer of Farm related coverages in the state.

Following the establishment of our property and casualty affiliate, it was a natural progression for Missouri Farm Bureau to develop its own life insurance company. Farm Bureau Life Insurance Company of Missouri was born in 1950. Offering a variety of whole life and term insurance products, our life company celebrates its Golden Anniversary this year with well over $2,000,000,000 of life insurance in force. With new fixed and variable annuity products available this year, Farm Bureau Life is moving forward to meet the needs of its policyholders and their beneficiaries.

Our third insurance affiliate is Missouri Farm Bureau Insurance Brokerage, Inc. This company was established in 1980 to allow our agency force to offer their clients coverages unavailable through Town & Country or Farm Bureau Life. Starting with just a handful of carriers, our brokerage now boasts an affiliation with over 100 companies. We can offer coverage in basic and specialty lines for life, health, property, and casualty - for personal as well as commercial risks.

Investment Philosophy

Missouri Farm Bureau Insurance Services operates all its affiliates with a conservative and prudent investment philosophy. An investment committee, made up of top management of the insurance affiliates, with the input of investment advisors regularly reviews the performance of company assets along with carefully analyzing market trends. Any investment made by our insurance affiliates must meet minimum investment grades. We focus our investment portfolios on high quality securities that meet the business needs of the respective company. This conservative philosophy is followed in order to keep our commitments to our policyholders.

Commitment to Service

We realize that the insurance buying public has many choices in the marketplace. There are more ways to buy insurance today than ever before. However, the buying decision shouldn't be made based upon cost alone. The true measure of a company's value to its policyholders is in the quality of service provided by that company and its associates. At Missouri Farm Bureau Insurance Services we are committed to providing the best in insurance products, offered at a fair price, with a level of service unmatched by our competitors.

We believe that we can provide the best in service through our over 225 agents and field managers across Missouri, supported by a hard working group of service center secretaries, home office staff dedicated to our member service philosophy, and our own group of claims representatives whose first priority is to you, the policyholder.

Mission Statement

Our mission is to provide quality insurance and financial services products that fulfill the needs of our members, with a level of service unmatched by our competitors, at a price that is competitive yet consistent with financial strength.

Marketing Philosophy

We are total account, member-service oriented insurance companies. We believe that providing products and services at a fair price is but one step toward developing a long-term relationship with our member. We believe that anyone representing our companies at any level must be a well trained, highly motivated professional who is always sensitive to the member's needs. We believe that we must operate in a way that is easy for our member to place both his business and his trust in us. We believe that we are most likely to meet our marketing objectives by first meeting our members' needs through the products we sell and the services we provide.