Farm Bureau Financial Services

West Des Moines, United States Founded: 1939 • Age: 87 yrs
Mutual insurance carrier
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About Farm Bureau Financial Services

Farm Bureau Financial Services is a company based in West Des Moines (United States) founded in 1939.. Farm Bureau Financial Services has completed 1 acquisition, including FBL Financial Group. Farm Bureau Financial Services offers products and services including Auto Insurance, Life Insurance, and Wealth Management. Farm Bureau Financial Services operates in a competitive market with competitors including Nationwide, Mutual of Omaha, OneAmerica, Church Mutual Insurance Company and Guarantee Trust Life Insurance, among others.

  • Headquarter West Des Moines, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fbl Financial Group, Inc
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
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Products & Services of Farm Bureau Financial Services

Farm Bureau Financial Services offers a comprehensive portfolio of products and services, including Auto Insurance, Life Insurance, and Wealth Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Covers vehicles and roadside assistance for drivers.

Provides term and whole life coverage options.

Offers investment planning and advisory services.

People of Farm Bureau Financial Services
Headcount 1000-5000
Employee Profiles 18
Employee Profiles
People
Kelli Eddy
Chief Operating Officer - Life Companies
People
Marty Hoenig
Director Of Infrastructure And Security Engineering
People
Jeremy Davis
Vice President Of Technology Services
People
Kelly Steinkamp
Director Of Application Engineering

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Funding Insights of Farm Bureau Financial Services

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $17,895
  • First Round

    (17 Sep 2008)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2008 Amount Grant - Farm Bureau Financial Services Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Farm Bureau Financial Services

Farm Bureau Financial Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include United States Department of Agriculture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Leadership is provided on agriculture, food, and rural development matters.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Farm Bureau Financial Services

Farm Bureau Financial Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FBL Financial Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Insurance, annuity, investment products, and financial planning services are provided.
1944
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Farm Bureau Financial Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Farm Bureau Financial Services Comparisons

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Competitors of Farm Bureau Financial Services

Farm Bureau Financial Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nationwide, Mutual of Omaha, OneAmerica, Church Mutual Insurance Company and Guarantee Trust Life Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Personal and business insurance products are offered by Nationwide.
domain founded_year HQ Location
Insurance and financial services are provided across the United States.
domain founded_year HQ Location
Provides life insurance, retirement plans, and employee benefits for individuals and employers.
domain founded_year HQ Location
Property and casualty insurance is provided to religious organizations.
domain founded_year HQ Location
Provides mutual life and health insurance services to individuals and families.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Farm Bureau Financial Services

Frequently Asked Questions about Farm Bureau Financial Services

When was Farm Bureau Financial Services founded?

Farm Bureau Financial Services was founded in 1939 and raised its 1st funding round 69 years after it was founded.

Where is Farm Bureau Financial Services located?

Farm Bureau Financial Services is headquartered in West Des Moines, United States. It is registered at West Des Moines, Iowa, United States.

Who is the current CEO of Farm Bureau Financial Services?

James P Brannen is the current CEO of Farm Bureau Financial Services.

What does Farm Bureau Financial Services do?

Farm Bureau Financial Services was established in 1939 as a mutual insurance carrier and is headquartered in West Des Moines, Iowa, United States. Property, casualty, life insurance, and related financial products are offered through independent agents serving individuals and businesses primarily in the Midwest and beyond. Operations focus on policy underwriting, claims processing, and investment management within the insurance sector.

Who are the top competitors of Farm Bureau Financial Services?

Farm Bureau Financial Services's top competitors include Nationwide, Mutual of Omaha and Church Mutual Insurance Company.

What products or services does Farm Bureau Financial Services offer?

Farm Bureau Financial Services offers Auto Insurance, Life Insurance, and Wealth Management.

How many acquisitions has Farm Bureau Financial Services made?

Farm Bureau Financial Services has made 1 acquisition, including FBL Financial Group.

Who are Farm Bureau Financial Services's investors?

Farm Bureau Financial Services has 1 investor. Key investors include United States Department of Agriculture.

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