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.
- Website
- farmers.com
- Email ID
- *****@farmersinsurance.com
- Phone Number
- +1 **********
- Registered Address
- Westfield Center, Ohio
Key Metrics
Founded Year
1928
Location
Los Angeles, United States
Stage
Acquired
Latest Funding Round
Ranked
31st among 10904 active competitors
Employee Count
47,024 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Saffron Insurance (Jan 17, 2019)
Legal entities associated with Farmers Insurance
Farmers Insurance is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OHIO FARMERS INSURANCE COMPANY CIN: 340438190 , United States, Active | Dec 26, 999 | - | 2616 (As on Dec 31, 2024) | - |
FARMERS GROUP, INC. CIN: 950725935 , United States, Active | Dec 26, 999 | - | 17891 (As on Dec 31, 2024) | - |
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
Sign up to download Farmers Insurance's company profile
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 |
View details of Farmers Insurance's funding rounds and investors
Farmers Insurance's founders and board of directors
Founder? Claim ProfileFarmers 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:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | National General Insurance 1939, New York City (United States), Acquired | Home and auto coverage from a trusted Allstate company | $229M | 75/100 | |
2nd | HUB International 1998, Chicago (United States), Acquired | Provider of investment advisory, insurance distribution, and risk management services | $1.6B | 75/100 | |
3rd | MetLife 1868, New York City (United States), Public | Provider of insurance products and employee benefit programs for individuals | - | 73/100 | |
4th | Humana 1961, Louisville (United States), Public | Provider of health insurance services | - | 72/100 | |
5th | First American 1889, Santa Ana (United States), Public | Insurance and settlement services company | - | 71/100 | |
6th | Kaiser Permanente 1945, United States, Funding Raised | Provider of integrated healthcare services and coverage platform | - | 71/100 | |
7th | UnitedHealth Group 1977, Minneapolis (United States), Public | Provider of health care services, pharmacy benefits, and financial accounts | - | 71/100 | |
8th | Prudential 1875, Newark (United States), Public | Provider of life, health, and other insurance services | - | 70/100 | |
9th | Guardian 1860, New York City (United States), Unfunded | Provides diversfied insurance such as life, disability, dental vision etc | - | - | 70/100 |
10th | Nationwide 1925, Columbus (United States), Acquired | Insurance carrier focused on personal & business insurance | - | 70/100 | |
31st | Farmers Insurance 1928, Los Angeles (United States), Acquired | Diversified insurance carrier | - | 63/100 |
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) |
Reports related to Farmers Insurance
Here is the latest report on Farmers Insurance's sector:
News related to Farmers Insurance
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.
•
Farmers Insurance Assisting Customers Impacted by Washington WildfiresPR Newswire•Aug 04, 2026•Farmers Insurance
•
•
Farmers Insurance Rolls Out Plain-Language Coverage Tools and RebrandInsurance Business America•Jul 14, 2026•Farmers Insurance
•
Farmers Insurance to Pay $2.8M to Settle Class Action Lawsuit Over TCPA ViolationsInsurance Journal•Jul 07, 2026•Farmers Insurance
•
Farmers Insurance: Hail Claims Rise During Spring Storm SeasonPR Newswire•May 13, 2026•Farmers Insurance
•
Farmers Insurance Aims for 1,700 New Agency Owners in 2026 with Elite Owner ProgramPR Newswire•Mar 31, 2026•Farmers Insurance
•
Farmers Insurance Appoints John Pham as Chief Strategy & Risk OfficerGlobal Fintech Series•Mar 24, 2026•Farmers Insurance
•
•
Inigo secures $255M Montoya Re catastrophe bond for multi-peril reinsuranceArtemis•Dec 15, 2025•Inigo, Artemis, Swiss Re, Howden Tiger Capital Markets & Advisory and 1 other
•
Are you a Founder ?
FAQs about Farmers Insurance
Explore our recently published companies
- Persistent Petrochem - Mumbai based, 2022 founded, Unfunded company
- SoftTalk - Noida based, 2026 founded, Unfunded company
- Gravity Base - Dubai based, 2014 founded, Unfunded company
- Terablaz Media - Ahmedabad based, 2023 founded, Unfunded company
- Way2Max - Jaipur based, 2021 founded, Unfunded company
- IATrain - Picos based, 2024 founded, Unfunded company
