The North Waterloo Farmers Mutual Fire Insurance Company was established on June 9, 1874 when a number of farmers from the 3 northern townships of Waterloo, Ontario held a public meeting to form an independent farm mutual. Their goal was to provide adequate insurance on a cooperative basis and to overcome the high rates of the established insurance companies. The first elected officers of the Company, known for their "business caution and shrewdness", included Levi Stauffer as president. The Company issued 200 policies in its first year and eventually expanded its operations into other counties. The philosophy of meeting the needs of the policyholders, understanding exposures and limiting potential for loss through prevention, had proven to be a simple and effective growth strategy. The directors, being farmers themselves, personally applied their knowledge and experience whenever possible. In 1958, the need for a broader range of insurance coverage was recognized and after obtaining its Federal Charter, the word "fire" was dropped from the Company s name. Today, The North Waterloo Farmers Mutual Insurance Company is one of the largest insurers of farm property in Ontario, offering a variety of innovative insurance products with a continued emphasis on loss prevention. With over 130 years of experience, North Waterloo has built a solid reputation both in the insurance industry, and within the agricultural community. Click Here to view our 125th Anniversary commemorative booklet.
North Waterloo Farmers Mutual Insurance is Waterloo-based company (Ontario, Canada) with a phone number 1.519.886.4530. Our data show that the company is located at the address: 100 Erb St E. The company has a web site: www.nwfm.com.
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