Country Financial
| Company type | Consortium |
|---|---|
| Industry | Insurance, Financial services |
| Founded | 1925 |
| Founder | Members of the Illinois Agricultural Association |
| Headquarters | Bloomington , United States |
Area served | 19 states |
Key people | Jim Jacobs (CEO), Rob McDade (CFO) |
| Products | Auto insurance, Homeowners insurance, Life insurance, Farm insurance, Commercial insurance, Retirement planning, Investment oversight, Trust management |
Number of employees | 3000+ |
Country Financial (stylized as COUNTRY Financial) is an American consortium of insurance and financial service providers operating in 19 states. Its portfolio encompasses auto, homeowners, life, farm, and commercial insurance products, alongside services in retirement planning, investment oversight, and trust management.
The organization regularly appears on the Fortune 1000 list ranked by revenue. Its main corporate office is situated in Bloomington, Illinois.
History
Established in 1925 by members of the Illinois Agricultural Association, Country Financial initially offered fire and lightning insurance tailored for farmers. During its inaugural year, more than 385 Illinois farmers contributed part-time efforts to deliver insurance coverage within their local communities.
The company broadened its offerings with the introduction of crop insurance in 1926, followed by auto insurance in 1927, and life insurance in 1929. For over three decades, it has also provided financial solutions such as retirement and estate planning, investment management, and annuities.
By 2021, Country Financial along with its partners supported close to one million households and businesses throughout 19 states. The workforce exceeds 3,000 employees and includes a network of roughly 2,000 financial advisors.
Since June 2019, A.M. Best has rated Country Financial Property Casualty Group as A+ (Superior). Additionally, both the Life Insurance Company and Country Mutual Insurance Company have maintained an A+ rating as of July 2021.
Jim Jacobs holds the position of CEO, while Rob McDade serves as CFO.
Operating companies
The Country Financial organization consists of multiple subsidiaries specializing in insurance and financial services:
- Country Mutual Insurance Company
- Country Casualty Insurance Company
- Country Preferred Insurance Company
- Country Life Insurance Company
- Country Investors Life Assurance Company
- Country Trust Bank
- Country Capital Management Company