IIABCal Welcomes New Associate Member - UFG Insurance

PLEASANTON, CA , June 1, 2022 - IIABCal welcomes as its newest associate member, UFG Insurance, a financially strong and nationally recognized, multi-billion-dollar insurance company headquartered in Cedar Rapids, Iowa, with a branch office in Sacramento, CA.

"IIABCal is excited to add as an associate member , UFG Insurance, a company with much prestige, respect and quality," IIABCal President Bob Teshima said. "Above everything else, UFG Insurance understands that insurance is a people business."

That fundamental philosophy has been at the center of UFG Insurance since it wrote its first policy more than 75 years ago.  UFG Insurance is a carrier that values partnerships over transactions, profitability above growth, listening before speaking and giving without recognition.  UFG Insurance understands its purpose in the corporate world is rooted in deeper responsibilities than ink reflects on paper.

One of the top compliments UFG Insurance receive from its agent partners is that it delivers the broad protection and competitive pricing of a large national carrier with the dependable service and trusted knowledge of a small regional insurer.

Founded in 1946 as United Fire & Casualty Company, United Fire Group, Inc. (UFG, Nasdaq: UFCS) is engaged in the business of writing property and casualty insurance. Through its subsidiaries, UFG Insurance is licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and is represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of “A” (Excellent) for members of the United Fire & Casualty Group, affirmed for the 28th consecutive year in December 2021.

Why should agents do business with UFG?

“Doing business the right way and treating people the right way is the only way we know at UFG,” said Jordan Sherry, Assistant Vice President of Marketing. “It all comes back to an important promise we make to our agency partners: a promise of opportunity. Every day, we work to create simple solutions for doing business with us, providing our agents a rewarding partnership with opportunities for profitable growth.”

Why join IIABCal?

“We believe agencies and carriers can do more together when they develop strong partnerships,” explained UFG Sr. Production Marketing Representative Dora Cruz. “We’re excited to join IIABCal to learn and develop professionally alongside our agents in California. Whether it’s sharing information and resources or networking, we want to generate relationships that are built to last, especially through unprecedented times.”

What’s the most important issues facing the industry today?

“The industry is changing quicker than ever before and one of the main issues is the steady consolidation of agents and brokers,” explained UFG Sr Marketing Representative John Fino . “In addition, some carriers have shrinking appetites, social inflation is playing a big role and I’d be remiss if I didn’t mention the impact the great resignation, or talent crisis, has had on agencies and carriers alike.”

What are the biggest opportunities for independent agents and brokers?

“There are many issues facing the P&C insurance industry, but there are just as many opportunities,” explained UFG Sr. Production Marketing Representative Dora Cruz. “Going back to our promise of opportunity, I look forward to building a strong network of relationships through the IIABCal to help others achieve their goals and leverage positive change in our industry.”

UFG Insurance resources

Interested in working with UFG Insurance? Visit their agency partnership site if you’re ready to talk opportunities in your area. Also, make sure you follow UFG on LinkedIn to stay updated and also see fun videos like Agent Update: Small Business Appetite and Agent Update: Middle Market Appetite.