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Farmers Insurance - About the company

Farmers Insurance is an acquired company based in Los Angeles (United States), founded in 1928. It operates as a Diversified insurance carrier. Farmers Insurance has raised an undisclosed amount in funding. The company has 10904 active competitors, including 57 funded and 649 that have exited. Its top competitors include companies like National General Insurance, HUB International and MetLife.

Company Details

Farmers Insurance is a life & non-life insurance provider. It offers life insurance, auto insurance, home insurance, renter's insurance, landlord insurance, business insurance, recreational vehicle insurance & pet insurance. Users can request a quote online by providing their basic information. Users can file a claim and view claim status online. Offers users online payment options like debit/credit card for making premium payments. Also provides financial products like mutual funds & annuities. In 2022, the company recorded annual revenues of $14.09B and a net loss of $0.31B.
Social
XFacebook
Email ID
*****@farmersinsurance.com
Phone Number
+1 **********
Registered Address
Westfield Center, Ohio
Key Metrics
Founded Year
1928
Location
Los Angeles, United States
Stage
Acquired
Ranked
Employee Count
47,024 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Saffron Insurance (Jan 17, 2019)

Farmers Insurance's acquisition details

Farmers Insurance got acquired by Saffron Insurance on Jan 17, 2019.
Click here to take a look at Farmers Insurance's acquisition in detail
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Farmers Insurance's funding and investors

Farmers Insurance has raised funding over 3 rounds. Its first funding round was on Apr 29, 2009. Its latest funding round was a Grant (prize money) round on May 04, 2009 for $*****. 1 investor participated in its latest round. Farmers Insurance has 1 institutional investor.

Here is the list of recent funding rounds of Farmers Insurance:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 04, 2009
8118794
Grant (prize money)
1822135
7840438
3417285
1895740
May 01, 2009
8127180
Grant (prize money)
3636855
6705715
4673442
Apr 29, 2009
3964373
Grant (prize money)
8143474
3890698
3244169
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Farmers Insurance's founders and board of directors

Founder? Claim Profile

Farmers Insurance's employee count trend

Farmers Insurance has 47,024 employees as of Jun 26. Here is Farmers Insurance's employee count trend over the years:
Employee count trend for Farmers Insurance
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Farmers Insurance's Competitors and alternates

Top competitors of Farmers Insurance include National General Insurance, HUB International and MetLife. Here is the list of Top 10 competitors of Farmers Insurance, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for National General Insurance
National General Insurance
1939, New York City (United States), Acquired
Home and auto coverage from a trusted Allstate company
$229M
75/100
2nd
Logo for HUB International
HUB International
1998, Chicago (United States), Acquired
Provider of investment advisory, insurance distribution, and risk management services
$1.6B
75/100
3rd
Logo for MetLife
MetLife
1868, New York City (United States), Public
Provider of insurance products and employee benefit programs for individuals
-
73/100
4th
Logo for Humana
Humana
1961, Louisville (United States), Public
Provider of health insurance services
-
72/100
5th
Logo for First American
First American
1889, Santa Ana (United States), Public
Insurance and settlement services company
-
71/100
6th
Logo for Kaiser Permanente
Kaiser Permanente
1945, United States, Funding Raised
Provider of integrated healthcare services and coverage platform
-
71/100
7th
Logo for UnitedHealth Group
UnitedHealth Group
1977, Minneapolis (United States), Public
Provider of health care services, pharmacy benefits, and financial accounts
-
71/100
8th
Logo for Prudential
Prudential
1875, Newark (United States), Public
Provider of life, health, and other insurance services
-
70/100
9th
Logo for Guardian
Guardian
1860, New York City (United States), Unfunded
Provides diversfied insurance such as life, disability, dental vision etc
-
-
70/100
10th
Logo for Nationwide
Nationwide
1925, Columbus (United States), Acquired
Insurance carrier focused on personal & business insurance
-
70/100
31st
Logo for Farmers Insurance
Farmers Insurance
1928, Los Angeles (United States), Acquired
Diversified insurance carrier
-
63/100
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Looking for more details on Farmers Insurance's competitors? Click here to see the top ones

Farmers Insurance's Investments and acquisitions

Farmers Insurance has made 3 investments including Jetty, Jetty and Talespin. Farmers Insurance has not made any acquisitions as of now.
Here is the list of its investments:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 07, 2021
Investments
2015
New York City (United States)
Jan 28, 2021
Investments
2015
New York City (United States)
Mar 03, 2020
Investments
2015
Culver City (United States)
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Reports related to Farmers Insurance

Here is the latest report on Farmers Insurance's sector:

News related to Farmers Insurance

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Media has covered Farmers Insurance for a total of 23 events in the last 1 year, 9 of them have been about company updates and 3 about people movement.
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FAQs about Farmers Insurance

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