Federated Insurance provides property, casualty, and life insurance services for businesses and farmers in the United States. Its products include tailored coverage options, risk management services, and ongoing support to help policyholders protect assets and ensure business continuity. The company collects insurance premiums and invests the funds to meet policyholder obligations, operating as a mutual company owned by its policyholders rather than shareholders. This structure emphasizes long-term value and customer success over short-term profits. Federated is distinguished by its mutual ownership, strong financial stability (A.M. Best rating of A Superior), and a focus on mid- to large-sized businesses and farmers, offering personalized solutions across various industries. Its goal is to help clients manage risk, safeguard assets, and maintain business operations through stable, long-term coverage.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Owatonna, Minnesota
Founded
1904
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Federated helps students get ready for the future. Business, accounting, finance and all other majors, look out! Federated Insurance held its annual Federated Day at MSU in collaboration with the College of Business. The event took place on Sept. 24 from 10 a.m. to 6 p.m. and offered students a chance to learn about careers, internships and the company's vision. The agenda included Career Prep Express, Employer in Residence, an alumni panel, and Fed Day Fun Night. Federated Day had a variety of activities, from opening a space for students to receive resume feedback, practice interviews and elevator pitches, to meeting Federated representatives and MSU alumni, and finishing the day with bowling, billiards, free food, and prizes. Students were free to decide which activities of the day they wanted to attend or even attend them all. Stacy Van Engelenhoven, senior recruiter at Federated Insurance, said the company wanted students to learn more about the career opportunities that Federated offers. "We are a career employer, and we are very excited about Mankato State grads. We employ a lot of Mankato State grads at Federated, and we have a variety of career options," Van Engelenhoven said. Van Engelenhoven said Federated's connection with MSU is also important because the company's location is close to the university and its Mankato office. "Because there is close proximity to our home office, and we have an office in Mankato, it's really nice that we can build a network of future employers, or future employees here at MSU," Van Engelenhoven said. "We find that the majors that they're studying really match up with what our work is, and so that also helps us." Any student can find an opportunity that best matches their major because there are several internships across different areas of the company. "We have internships in a variety of different areas. We have IT, human resources, accounting, actuarial, claims internships, risk management internships. So a variety of different topics. And we offer those in the summertime," Van Engelenhoven said. For students who feel they do not have enough experience yet, Van Engelenhoven shared this advice: "I would tell you that we provide training for all of our roles. We aren't looking for specific experience in most areas," Van Engelenhoven said. "So, when we bring on a claims rep, we don't expect them to have any claims experience. An underwriter, we aren't expecting them to have underwriting experience." Instead, she said Federated looks for students who show commitment, and that can be from different experiences. "What we like to see is that they've maybe worked at a part-time job somewhere, or maybe they're participating in some activities on campus, or in sports, or things like that, something to show some commitment," Van Engelenhoven said. "But it doesn't necessarily have to be experienced on the job." Van Engelenhoven also noted that students can stand out by showing interest and coming prepared when meeting with employers. In addition to that, Federated values certain traits. "High attention to detail, you know, communication skills, open-minded, bringing some great ideas. We love to see some of that creativity," Van Engelenhoven said. Federated Day was about networking and practicing job interviews while having fun. It was the perfect chance for students to learn about people and opportunities out there for them, even before graduation.
Bel-Aire Mechanical named 2026 SMACNA Safety Innovator of the Year. Safety Innovator of the Year Award, presented in collaboration with SMACNA Premier Partners Milwaukee Tool and Federated Insurance, honors a company that demonstrates a safety practice that has led to measurable improvement in its safety program. Bel-Aire Mechanical, LLC, a Legence Company, has been named the 2026 SMACNA Safety Innovator of the Year. The award will be presented during the SMACNA Annual Convention in Orlando, Florida, on Monday, October 26. The Safety Innovator of the Year Award, presented in collaboration with SMACNA Premier Partners Milwaukee Tool and Federated Insurance, honors a company that demonstrates an innovative safety idea, concept, or best practice that has led to measurable improvement in its safety program or culture. Bel-Aire Mechanical received this recognition for its innovative use of artificial intelligence and natural language processing to enhance its health and safety program. By redesigning the pre-task planning process with the SmartTagIt app, Bel-Aire captures field-level safety conversations and uses AI to transcribe and analyze them. This provides Safety and Project Management teams with actionable insights into hazard recognition, planning, employee engagement, and areas for improvement. Instead of using pre-task planning as a checklist, Bel-Aire developed a process focused on meaningful conversations. AI reviews key elements such as hazard identification, mental health check-ins, planning, and positive reinforcement, creating a continuous feedback loop for proactive coaching and increased management accountability. This approach has made safety conversations more visible, measurable, and improvable, while promoting peer-to-peer learning and a culture where employees feel respected and heard. The results have been substantial. In 2025, Bel-Aire recorded over 800,000 man-hours with no recordable incidents and achieved a 40% reduction in near-misses and incidents. The company also improved conversation quality by 40%, with Question Quality 40% above the national benchmark and Planning 20% above the benchmark. More than 1.5 million work hours have been tracked through the platform, providing data that supports ongoing safety improvements. This innovative approach has also helped secure several high-value data center construction contracts. "We are honored to receive the 2026 SMACNA Safety Innovator of the Year Award. At Bel-Aire Mechanical, a Legence Company, safety is not just a priority - it is the foundation of our culture. This recognition belongs to every employee whose commitment to Safety, Quality, and Production as one mindset has created an environment where innovation thrives, and everyone is empowered to ensure each person returns home safely every day," said Scott Kienast, EHS Director, Bel-Aire Mechanical. As part of the Safety Innovator of the Year Award, SMACNA, in collaboration with Premier Partners Milwaukee Tool and Federated Insurance, donates to a charity chosen by the winner. This year, Bel-Aire Mechanical selected Merging Vets & Players (MVP), a nonprofit organization that brings together veterans and former professional athletes to provide community, connection, and support as they navigate the transition to life after service or professional sports. Through its innovative use of technology and its continued focus on meaningful employee engagement, Bel-Aire Mechanical demonstrates how AI can complement the human side of safety. Its approach is helping create safer, smarter, and more connected teams while providing a model for how innovation can drive continuous improvement across the construction industry. Aug 19, 2026 - Member Update
High Definition Vehicle Insurance (HDVI) has been acquired by Federated Mutual Insurance Company as of 1 August 2026. The commercial trucking insurance provider will operate as an autonomous subsidiary of Federated Insurance whilst retaining its current staff and agency partnerships. HDVI has grown from a startup to an insurance carrier operating across 26 US states over eight years. The company works with more than 100 agencies and 500 producers to insure hundreds of fleets and thousands of drivers annually. HDVI uses telematics data to assess risk and provide safety tools for commercial trucking fleets. The acquisition aims to strengthen both organisations and accelerate HDVI's growth in the commercial auto insurance market. Ardea Partners served as financial adviser to HDVI, whilst Stonybrook Capital advised Federated Insurance on the transaction.
Exclusive: Federated Insurance to acquire trucking insurtech HDVI Federated Insurance to Acquire Insurtech Firm HDVI Federated Insurance is reportedly acquiring HDVI, a Chicago-based insurtech company specializing in commercial auto insurance for trucking fleets. This information comes from individuals familiar with the transaction. Original Source: https://www.theinsurer.com/ti/news/exclusive-federated-insurance-to-acquire-trucking-insurtech-hdvi-2026-08-05/
Federated insurance(r) introduces myTRAINING Program to support risk management & employee training. Date posted June 11, 2026 Federated Insurance is proud to announce myTRAINING Program, a resource designed to simplify employee training while supporting risk management efforts for association members and their businesses. Take the stress out of employee training. myTRAINING Program provides businesses with a streamlined approach to planning, creating, and scheduling group training sessions. Recognizing that effective employee training is a key element of risk management, this program offers resources to help companies ensure their teams are equipped with the knowledge they need to work efficiently and safely. With myTRAINING Program, users can choose from pre-designed programs that include industry-specific risk management guidance or develop custom training plans addressing unique needs. The program allows users to schedule monthly or quarterly sessions in advance, assign training responsibilities to team members, and track progress through downloadable attendance sheets. These resources aim to reduce the time and stress typically associated with managing employee training, with most programs created and assigned in 10 minutes or less. Access more in myshield(r). Association member clients can access myTRAINING Program and other risk management resources in mySHIELD, Federated Insurance's personalized digital platform for clients. Those new to mySHIELD can contact their local Federated(R) marketing representative to learn more. At Federated Insurance, It's Our Business to Protect yours(r). Founded in 1904, Federated Mutual Insurance Company is a national insurance and risk management organization that supports the property, casualty, and life insurance needs of clients in select industries. The organization has more than 500 recommendations from local, state, regional, and national associations and buying groups and is rated A+ (Superior) by industry analyst A.M. Best(R). At Federated Insurance, It's Our Business to Protect Yours.(R)