Type | Mutual |
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Industry | Reinsurance, Insurance |
Founded | April 17, 1909 |
Headquarters | Grinnell, Iowa, USA |
Key people | Steve Crawford, President & CEO |
Employees | 680 |
Website | www.grinnellmutual.com |
Grinnell Mutual Reinsurance Company is a mutual reinsurance company based in Grinnell, Iowa. The company operates in 12 midwestern states reinsuring 295 mutual insurance companies.
The company earned an "A" rating from AM Best for 2009.
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In 1909, the company was formed in Greenfield, Iowa as "Iowa Farmers Mutual Reinsurance Association" by John Evans to provide reinsurance for county mutuals in Iowa. In 1933, the company moved to Grinnell, Iowa and changed their name to "Farmers Mutual Reinsurance Association". The name changed again in 1948 to "Farmers Mutual Reinsurance Company". The current name, "Grinnell Mutual Reinsurance Company," was adopted in 1963.