Annual Report

A Message from Our President

This year, 2026, marks the 70th anniversary of FFVA Mutual and its predecessor, the FFVA Self-Insurance Fund. For seven decades, our goal has been to be the workers’ compensation carrier of choice recognized for unparalleled service, strategic growth, and financial strength. What makes FFVA Mutual different is not a single program or promise; it is a deliberate way of doing business built on dedication, expertise, and a culture of people who care.

Our differentiation begins with focus. As a mono-line workers’ compensation carrier, we bring specialized expertise to every aspect of our business from underwriting and claims to safety and premium audits. This singular focus allows us to respond thoughtfully as risks evolve, to maintain consistency in execution, and to continue investing in the capabilities that strengthen the service we deliver.

Just as important is how that expertise comes to life. Our service model is personal, connected, and accountable. Our teams of professionals support agents, policyholders and injured workers by working closely together, sharing insights in order to solve problems efficiently and provide the care necessary when accidents happen. We believe strong relationships and responsive service matter, and our Solutionists work hard to ensure our customers feel that in every interaction.

Accident prevention also remains central to our mission. Our safety services are proactive, hands-on, and rooted in real-world experience. By offering no-cost training opportunities and practical resources, we help employers create safer workplaces and reduce risk before injuries occur. Together with our experienced underwriting team, our highly regarded claims service, and in-house premium audit expertise, these capabilities support a coordinated, responsive experience across the policy lifecycle.

As a mutual company, our priorities align with those we serve. We measure success not only by financial performance, but by the trust we earn, the consistency and effectiveness of the services we deliver, and the long-term relationships we build over time.

Thank you to our agency partners and policyholders for your continued confidence in FFVA Mutual. We are proud of our legacy, grateful for your partnership, and committed to delivering trusted workers’ compensation solutions with the personalized service that has defined our company for 70 years.

Sincerely,

Alan Hair

President & CEO