Grinnell Mutual

Grinnell Mutual

Infobox_Company
company_name = Grinnell Mutual
company_| company_type = Mutual
company_slogan = A Policy of Working Together
foundation = April 17, 1909
location = Grinnell, Iowa, USA
key_people = Dan Agnew, President & CEO
num_employees = 680| industry = Reinsurance
homepage = [http://www.gmrc.com/ www.gmrc.com]

Grinnell Mutual Reinsurance Company is a mutual reinsurance company based in Grinnell, Iowa. The company operates in ten midwestern states reinsuring over 280 mutual insurance companies.

The company earned an "A" rating from AM Best for 2006.

History

In 1909, the company was formed in Greenfield, Iowa as "Iowa Farmers Mutual Reinsurance Association" 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.

Related Companies

*Big M Agency, Inc - Other lines of insurance
*Grinnell Infosystems, Inc - Information services for farm mutuals
*Grinnell Select - An auto insurance provider

References

* [http://www.iid.state.ia.us/about_us/FinancialReg/ExamRpts/2004/0414-04M.pdf Iowa Insurance Division Examination Report]

External links

* [http://www.gmrc.com/ Grinnell Mutual Homepage]
* [http://www.AMBEST.com/ A.M. Best Company]


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