NFU Mutual's story began in a teashop in 1910, when seven Warwickshire farmers set up an insurance company, offering cost price insurance as an incentive for people to join the Farming Union. Recognising the opportunity, our founders sold policies in between ploughing, sowing and tending their livestock, using one of their farmhouses as an office. Take a trip through 100 years of NFU Mutual history using the feature below.
Midland Farmers' Mutual Insurance Society formed by a group of seven warwickshire farmers.
Premium income rises to £4,345 and the Midlands go national.
NFU Mutual employs 40 staff – increasing to 150 by 1933.
Insurance extends to non-farming customers through Avon Insurance.
Almost 100,000 farming customers insured through NFU Mutual.
Income almost reaches £4m with assets topping £9M.
Foot and mouth victims receive a share of over £1.5M.
Islands insurance group joins the NFU Mutual group.
Risk Management Services team launched. British Insurance Awards – Life Insurer of the Year.
NFU Mutual products made available to all.
Group income passes the £1 Billion mark.
British Insurance Awards – Customer Care Award.
The summer floods resulted in insurance claims of nearly £100M being paid out.
General Insurer of the Year for the second time (first won in 2003).
Achieved Auto Express Best Car Insurer for the fourth year running.
Happy birthday. NFU Mutual celebrates 100 years of growth.