Virginia Farm Bureau Mutual Insurance Revenue, Growth & Competitor Profile

DBA FARM BUREAU INSURANCE
DBA VA FARM BUREAU
DBA VIRGINIA FARM BUREAU FEDERATION
DBA VIRGINIA FARM BUREAU FED FOR VA FARM BUREAU MUTUAL INSURANCE CO
DBA VIRGINIA FARM BUREAU INSURANCE SERVICES
DBA VIRGINIA FARM BUREAU MUTUAL
DBA VIRGINIA FARM BUREAU MUTUAL INS CO

Company Profile & Annual Report for Virginia Farm Bureau Mutual Insurance

Access the complete profile.

Virginia Farm Bureau Mutual Insurance Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	5241 Insurance Carriers
Additional NAICS Codes	524126 Direct Property & Casualty Insurance Carriers 52421 Insurance Agencies & Brokers 813 Religious, Grantmaking, Civic, Professional & Similar Organizations
Address	27552 12580 West Creek Parkway Richmond, VA 23238

Note: Revenues for privately held companies are statistical evaluations.


Virginia Farm Bureau Mutual Insurance's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Virginia Farm Bureau Mutual Insurance's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Virginia Farm Bureau Mutual Insurance is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Virginia Farm Bureau Mutual Insurance Annual Revenue and Growth Rate

Virginia Farm Bureau Mutual Insurance	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2025	Over $500 million Details in Premium Report
2024
2023
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Virginia Farm Bureau Mutual Insurance's revenues are gauged from an analysis of company filings.

Virginia Farm Bureau Mutual Insurance's Income Statement (based on Industry Averages)

Virginia Farm Bureau Mutual Insurance P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Virginia Farm Bureau Mutual Insurance is developing and marketing. Virginia Farm Bureau Mutual Insurance doesn't have any recent trademark applications, indicating Virginia Farm Bureau Mutual Insurance is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
DRIVE2SAVE Insurance services, namely, writing and underwriting of property and casualty insurance, incorporating driver use of proprietary technology for providing information and feedback concerning driver history, and providing insurance administration; Insurance services, namely, writing and underwriting of usage based property and casualty insurance	12/21/2021
FRIEND OF THE FARM Insurance underwriting services in the fields of personal, automobile, commercial automobile, homeowner, farm, commercial property, commercial casualty, inland marine and workers compensation; insurance brokerage services, and insurance agency services	11/16/2016
MEMBER DEALS PLUS Providing an online discount program enabling users to obtain discounts on the purchase of products and services accessible and redeemable through the use of smartphones at the point of sale or from a home computer	06/03/2014

See all trademarks and details in the Full Report.

Market Share of Virginia Farm Bureau Mutual Insurance's Largest Competitors

A competitive analysis shows these companies are in the same general field as Virginia Farm Bureau Mutual Insurance, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CENTRUM VALLEY HOLDINGS	Clarion, IA	100
ELEVANCE HEALTH	Indianapolis, IN	44
SECURIAN LIFE INSURANCE	Saint Paul, MN	33
ATH HOLDING	Indianapolis, IN	31
HUMANA	Louisville, KY	30
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	26
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUND	White Plains, NY	25
PRUDENTIAL INSURANCE	Newark, NJ	24
AMERICAN INTERNATIONAL GROUP	New York, NY	13

Nearby Competitors

These companies are similar in business line and location to Virginia Farm Bureau Mutual Insurance. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
GENWORTH FINANCIAL	Richmond, VA	100
VIRGINIA FARM BUREAU MUTUAL INSURANCE	Richmond, VA	43
JAMES RIVER MANAGEMENT	Richmond, VA	29
AMBER SHERIDAN	Richmond, VA	26
MUTUAL ASSURANCE SOCIETY OF VA	Richmond, VA	2
HEALTH SAVINGS ADMINISTRATORS	North Chesterfield, VA	2

Future Competition: Virginia Farm Bureau Mutual Insurance's Fastest Growing Competitors

These companies are in the same general field as Virginia Farm Bureau Mutual Insurance and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)