State Farm Mutual Automobile Insurance Co - Company Profile
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State Farm Mutual Automobile Insurance Co (State Farm) is a provider of insurance and financial services. The company's main activities include offering a range of insurance products, banking services, and investment options. Its major products and services encompass vehicle, property, business, and personal insurance, as well as banking and investment services. The company's products and services cater to individual and business customers across various sectors, including automotive, property, and financial industries. State Farm operates through a network of agents and partners to distribute its offerings. It serves a wide geographic area, targeting markets across the US. State Farm is headquartered in Bloomington, Illinois, the US.
Headquarters
United States of America
Address
One State Farm Plaza, Bloomington, Illinois, 61710
Website
www.statefarm.com
Telephone
1 309 7668411
No of Employees
67,000
Industry
Financial Services
Revenue (2024)
$75.5B
State Farm Mutual Automobile Insurance Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Insurance: | Claims Management |
| Vehicle Insurance: | Cash Management |
| Auto | Investment Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
Competitor Comparison
| Key Parameters | State Farm Mutual Automobile Insurance Co | The Progressive Corp | Nationwide Mutual Insurance Co | The Allstate Corp | American Family Insurance Group |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Bloomington | Mayfield Village | Columbus | Northbrook | Madison |
| State/Province | Illinois | Ohio | Ohio | Illinois | Wisconsin |
| No. of Employees | 67,000 | 70,000 | - | 53,000 | 13,000 |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jon Farney | Chief Executive Officer; President | Executive Board | 2024 | - |
| Mark Schwamberger | Chief Financial Officer; Treasurer; Senior Vice President | Senior Management | 2024 | - |
| Chris Schell | Chief Operating Officer; Executive Vice President | Senior Management | 2024 | - |
| Ashley Pettit | Chief Information Officer; Senior Vice President | Senior Management | 2019 | - |
| Cathy Wallace | Senior Vice President; Chief Risk Officer | Senior Management | 2012 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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