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State Farm

State Farm

State Farm is an insurance and banking company founded in 1922 by George J. Mecherle.

OverviewStructured DataIssuesContributors

Contents

statefarm.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
‌
Life insurance
Insurance
Insurance
Financial services
Financial services
Finance
Finance
Banking
Banking
0
Car
Car
Location
Bloomington, Illinois
Bloomington, Illinois
B2X
B2B
B2B
B2C
B2C
0
CEO
‌
Michael Tipsord
Founder
‌
George J. Mecherle
Yanira Borges
Yanira Borges
AngelList URL
angel.co/sloan-clar...gency-texas
Subsidiary
The Walt Disney Company
The Walt Disney Company
State Farm Ventures
State Farm Ventures
Legal classification
‌
Mutual organization
Number of Employees (Ranges)
10,001+
Number of Employees
67,029
CIK Number
900,389
Founded Date
1922
0
Competitors
Progressive International
Progressive International
Clearcover
Clearcover
Hippo (insurance company)
Hippo (insurance company)
0
Amerisure Insurance
Amerisure Insurance
Patents Assigned (Count)
1,289
Wellfound ID
sloan-clark-state-farm-agency-texas
Country
United States
United States
Headquarters
Bloomington, Illinois
Bloomington, Illinois

Other attributes

Company Operating Status
Active
Public/Private
Private0
Services
‌
Investing
Wikidata ID
Q2007336

State Farm was founded in 1922 by retired farmer and insurance salesman George Jacob "G.J." Mecherle. The company now insures more cars and homes than any other insurer in the U.S. Established as a mutual company, State Farm is (as of 2019) ranked number 36 on the Fortune 500 list of largest companies.

Originally a single-line auto insurance company, State Farm now offers approximately 100 products and services across five different lines of business and handles nearly 39,000 claims per day.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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