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.

View additional details on SFM’s AM Best rating

This company was issued a secure rating by the A.M. Best Company, click for additional details


DemoTech “A” rated

We also have an independent financial stability rating of “A” (Exceptional) from DemoTech, Inc.

View additional details on SFM’s DemoTech rating

Demotech, Inc. Financial Stability Rating of A - Exceptional

2022 financial highlights

SFM’s operational performance rose to historic heights in 2022. Our success is driven by each SFM employee embracing every opportunity to do the next right thing. Service excellence is critical in every single role at SFM; resulting in responsive partnership for independent agents, safer workplaces for customers and appropriate benefits for injured workers.

View 2022 annual review

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SFM 2022 Annual Review