Insurance companies are always the in actual presence when it comes to providing product and services to customers who are willing to invest for benefits in certain circumstances in the imminent future. One of the most trustworthy and high-quality insurance companies by personal claims and its human resources to render service for motorcycle, car, health and home insurance is the State Farm Insurance Company.
State Farm Insurance is a mutual company, mainly based in Bloomington, Illinois, United States. The company’s niche is in the insurance industry. Founded by George J. Mecherle, the key person of the company is Michael Tipsord, the company’s CEO and Chairman of the Board.
|Founded in||June 7, 1922|
|Founder||George J. Mecherle|
|Headquarters/Based in||Bloomington, Illinois, United States|
|Areas served||United States of America|
|Products/Services||Insurance, banking and investing|
All State Farm Insurance Locations
State Farm Insurance One State Farm Plaza Bloomington, IL 61710 United States
Telephone (Insurance): 800-STATE-FARM (800-782-8332)
(For more contact info) www.statefarm.com/customer-care/contact-us
Key People/Executives for State Farm
|Dan E. Arvizu||STEM Evangelist and Chief Technology Officer , Emerson Elemental|
|Christopher C. DeMuth||Distinguished Fellow , Hudson Institute|
|W. Steven Jones||Professor of Organizational Behavior and Strategy , University of North Carolina|
|W. H. Knight Jr.||Professor of Law, Seattle University School of Law|
|Allan R. Landon||Former Chairman of the Board and Chief Executive Officer , Bank of Hawaii Corp.|
|Gary L. Perlin||Former Chief Financial Officer , Capital One Financial Corporation|
|Susan M. Phillips||Former Dean and Professor of Finance , School of Business|
|Paul T. Stecko||Director , Former Chairman and Chief Executive Officer|
|Pamela B. Strobel||Former Executive Vice President and Chief Administrative Officer , Exelon Corporation|
|Michael L. Tipsord||Chairman , President and Chief Executive Officer|
|John D. Zeglis||Former Chairman of the Board and Chief Executive Officer , AT&T Wireless|
State Farm Profile/Overview
State Farm was well known for being labelled as a “good neighbor” by “being there” for the customers. It was initially founded in 1922 by a retired farmer and insurance salesman named George Jacob “G.J.” Mecherle. Humble beginnings indeed became the origins of the State Farm. Currently, the company insures more cars and homes than any other insurer in the United States mutual company without compromising the focus on their policyholders.
Stories traced and began with the founder’s vision for the company. This is, “operate fairly and do the right thing for our customers.” Mecherle’s vision became the lighthouse of the company and became the core guidance up to this day.
From a humble single-line auto insurance company, State Farm now offers to close 100 products and service in five comprising, extensive service lines. Estimating to 35,000 claims per day, State Farm has established a reputable name to the US market. Certain involvement to other institutions and organization is their next step onward.
In terms of ranking in the Fortune 500 list, State Farm is currently ranked number 35 which is a pretty solid spot to be in. Employee directory leads to a number of 70,425 and going up as the operation continues.
State Farm Products and Services
The State Farm’s products and services are divided into four main sections: Insurance, Banking, Finances, and Claims. They deliver high-quality service with agent support all across the US.
Insurance products of State Farm are as follows:
- Car insurance
- Home, condo, and renter insurance
- Life insurance
- Health insurance
- Disability insurance
For more information: www.statefarm.com/insurance
Their banking products are as follows:
- Credit cards
- Car loans
- Home loans
- Savings, CDs and more
- Pocket Agent Mobile App
For more information: www.statefarm.com/finances/banking
State Farm’s financial services span the following lines of services:
- Car and home loans
- Education Savings
- Life Insurance
- Mutual funds
- Small Business
For more information: www.statefarm.com/finances
The fourth section is the Claims by the State Farm. There is a provided Claim Center wherein the customer is allowed to manage his or her claim, file certain damages, and more support from the State Farm agents.
For more information: www.statefarm.com/claims
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