Our financial stability
As the largest writer of workers’ compensation in the Midwest with a long track record of strong financial performance, we believe our record speaks for itself when it comes to our financial stability.
As a mutual insurance company, we manage our business responsibly for the benefit of our policyholders. Through conservative investing and careful management, we consistently remain debt-free.
AM Best Financial Strength Rating of “A- (Excellent)”
SFM has received a Financial Strength Rating of “A- (Excellent)” and a Long-Term Issuer Credit Rating of “a-“ from AM Best Rating Services, Inc.
DemoTech “A” rated
We also have an independent financial stability rating of “A” (Exceptional) from DemoTech, Inc.
2023 financial highlights
2023 was another very successful year for SFM. The highlights that really stand out are about the connections with colleagues, customers and the community.
Nothing underscores those strong results better than the many positive interactions we have with our trusted partners.
