Case Study: Farmers Mutual Hail Insurance achieves nearly 50% ERM efficiency gain with Resolver's GRC Cloud

Running an efficient ERM & Strategic Planning Program with Farmers Mutual Hail

Farmers Mutual Hail (FMH), a Midwest insurer founded in 1893 that provides crop, auto, property and liability coverage, relied on Excel to manage its ERM and strategic planning. The spreadsheet-based process produced large, hard-to-manage datasets, was time-consuming to update, and made it difficult for risk owners and management to obtain timely, accurate, and comprehensive information for decision-making.

FMH implemented Resolver’s GRC Cloud to run both ERM and strategic planning on one platform, which reduced ERM effort by about 50%, improved data quality, and gave company-wide, real-time access to risks. The platform made updates easier for risk owners, enabled quick, tailored reporting, and delivered greater visibility and accuracy in documentation, resulting in faster, more relevant information for management.

Farmers Mutual Hail Insurance

Julie Salazar

Senior Accountant