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 1572 active competitors, including 24 funded and 330 that have exited. Its top competitors include companies like HUB International, Progressive Insurance 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
- Social
- 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
19th among 1572 active competitors
Employee Count
46,239 as on Mar 31, 2026
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
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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 | 7487741 | Grant (prize money) | 1053816 | 1912047 | 5177342 | 2638673 |
May 01, 2009 | 7075970 | Grant (prize money) | 1954282 | 4420593 | 2367918 | |
Apr 29, 2009 | 2085649 | Grant (prize money) | 8397996 | 2412461 | 6084624 |
Access funding benchmarks and valuations. Sign up today!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 46,239 employees as of Mar 26. Here is Farmers Insurance's employee count trend over the years:
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Farmers Insurance's Competitors and alternates
Top competitors of Farmers Insurance include HUB International, Progressive Insurance and MetLife. Here is the list of Top 10 competitors of Farmers Insurance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HUB International 1998, Chicago (United States), Acquired | Provider of investment advisory, insurance distribution, and risk management services | $1.6B | 76/100 | |
2nd | Progressive Insurance 1937, Mayfield Heights (United States), Public | Internet first provider of life, health, auto, home, and business insurance services | - | 74/100 | |
3rd | MetLife 1868, New York City (United States), Public | Internet first provider of life, health, auto, home, and pet insurance services | - | 73/100 | |
4th | Guardian 1860, New York City (United States), Unfunded | Provides diversfied insurance such as life, disability, dental vision etc | - | - | 70/100 |
5th |  Unum 1848, Chattanooga (United States), Public | Provider of insurance planning services | - | 69/100 | |
6th |  AXIS Capital 2001, Bermuda, Public | Provider of diversified insurance services | $1.85B | 69/100 | |
7th | Assurant 1892, Atlanta (United States), Public | Provider of homeowner, rental, vehicle, flood, travel, and other insurance services | - | 68/100 | |
8th |  Allstate 1931, Chicago (United States), Public | Internet first provider of life, property, auto, and business insurance services | - | - | 68/100 |
9th | Prudential 1875, Newark (United States), Public | Provider of life, health, and other insurance services | - | 67/100 | |
10th | Aflac 1955, Columbus (United States), Public | Internet first provider of life, vision & dental insurance services | - | 67/100 | |
19th |  Farmers Insurance 1928, Los Angeles (United States), Acquired | Diversified insurance carrier | - | 63/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!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) |
Want to know more about where corporates are investing? Sign up today!See all investments by Farmers Insurance
News related to Farmers Insurance
Filter this listMedia has covered Farmers Insurance for a total of 23 events in the last 1 year, 4 of them have been about company updates and 4 about people movement.
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Farmers Insurance Aims for 1,700 New Agency Owners in 2026 with Elite Owner ProgramPR Newswire•Mar 31, 2026•Farmers Insurance
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Farmers Insurance Appoints John Pham as Chief Strategy & Risk OfficerGlobal Fintech Series•Mar 24, 2026•Farmers Insurance
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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
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Farmers seeks $300m Topanga Re 2025-1 multi-peril catastrophe bondArtemis•Nov 11, 2025•Farmers Insurance
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Insurance Agency Set for Merger After Bank DealInsurance Business America•Nov 10, 2025•Farmers Insurance, First Financial Bank, Westfield Bank
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Auto Insurers To Pay NY AG $14.2M Over Data BreachesLaw360•Oct 15, 2025•GEICO, Farmers Insurance, Liberty Mutual
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Farmers Group Announces Job Cuts in California Amid Broader Insurance Sector Slumprealnewshub.com•Sep 10, 2025•Farmers Insurance
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