Trusted Worker’s Comp Solutions

FFVA Mutual’s 2024 Annual Report provides an in-depth look at our financial performance, operational achievements, and the values that guide us. It also outlines our strategic initiatives focused on sustainable growth, innovation, and delivering exceptional experiences for our policyholders and agency partners.

President’s Message

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 enhancing their 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,

Alan

Alan Hair
President & CEO

To view FFVA Mutual’s 2024 annual report, click here. For printed copies, email marketing@ffvamutual.com

Looking for more content about FFVA Mutual or our dedicated account service team approach to providing outstanding workers’ compensation services for our agents and policyholders? Take time to visit our blog.