Annual Reports
Report an Injury
Safety Key
Upcoming Events
Agent Login
Employer Login
Training Courses
Ask a Safety Question
Annual Report
FFVA Mutual’s Annual Reports share our financial highlights, results of operations and plans in progress to enhance our operations and customer experiences. In our 2024 Annual Report, our President Alan Hair shares a message with a focus on reasons to choose FFVA Mutual for workers’ comp coverage and the value being a mutual insurance company brings to our agents and policyholders.
A Message from Our President
As we reflect on the past year, I am proud to announce that 2024 marks the 12th consecutive year that FFVA Mutual has achieved an underwriting profit. This milestone, together with AM Best’s affirmation of our A- rating, is a testament to our unwavering commitment to excellence and the trust that our agency partners and policyholders place in us. Our high policy retention rate of 88.9% is a clear reflection of the value and confidence that our customers have in FFVA Mutual.
Our financial strength and consistent best-in-class service are not just numbers on a balance sheet; they reflect FFVA Mutual’s long-term stability and our steadfast commitment to serving our policyholders. We have built a solid foundation that allows us to navigate the complexities of workers’ compensation insurance while delivering exceptional underwriting, claims and safety services, and support.
Looking ahead, we are dedicated to growing our company by fostering new agency relationships and strengthening connections with our current valued agency partners. We are thoughtfully exploring new classes of business while continuously working to improve and refine our internal processes and customer experiences. Our goal is to be your workers’ compensation insurance company of choice, recognized for unparalleled service, strategic growth, and financial strength.
We continue to focus on assisting our customers in developing safer work environments. Annual Safety Stand-Downs focusing on key areas including Ladder Safety, Sprains & Strains, and Slips, Trips & Falls have been enthusiastically embraced by our policyholders. The metrics indicate that the Stand-Downs are effective in reducing workplace injuries, and promoting a culture of safety among our clients. These initiatives reflect our deep commitment to protecting insured team members and enhancingtheir overall well-being.
As we focus on the remainder of 2025, and beyond, I am filled with optimism and excitement for the future. We will continue to build on our successes, embrace new opportunities, and navigate challenges with resilience and determination. Together, we will ensure that FFVA Mutual remains a trusted partner and a leader in the workers’ compensation insurance industry. Thank you for your continued support and dedication to our mission.
Sincerely,
President & CEO