Sustaining Sponsor Spotlight: Nationwide
The Ohio AgriBusiness Association is pleased to feature our Sustaining Sponsors in the 2024 Spotlight Series. This week, the focus is on Gold Sponsor: Nationwide.
Location (Main Headquarters):
Columbus, OH
Year started:
1926
Number of employees:
Approximately 25,000
Number of facilities:
We have more than 20 Nationwide office locations that have 100 or more associates. Our four largest office locations are: Columbus, OH; Des Moines, IA; San Antonio, TX; Scottsdale, AZ
Type of services offered:
Insurance and financial services.
Our products include car, motorcycle, homeowners, pet, farm, life and commercial insurance. We also offer annuities, mutual funds and retirement plans.
Company history:
Since 1926, Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world.
Early growth came from working together with Farm Bureaus that sponsored the company. Eight Farm Bureaus continue to promote Nationwide.
How has your company changed over the years?
Nationwide has gone from selling insurance policies in Ohio and a handful of states to a Fortune 100 company that offers a full range of insurance and financial services across the country. What hasn’t changed though, Nationwide is still a mutual company that answers to its members.
How do you see your company growing in the future?
Nationwide will keep its members at the center of every decision it makes. They’ll create greater value through its products and services that will keep them around another 100 years. A few keys in creating value are innovation and investments in technology to continue to meet the customers and agencies/advisors where they’re at to make doing business with Nationwide easy and efficient.
Interesting tidbits about your business:
- Nationwide, formerly known as Farm Bureau Mutual Automobile Insurance Company, sold its first policy in 1926. This developed out of a group of Ohio farmers not being satisfied with the auto rates being charged in rural areas, compared to the city.
- Nationwide is the #1 insurance writer of farms and ranches in the U.S. (A.M Best, 2020 DWP).
- Nationwide is named #5 on the Fortune 100 Best Companies to Work For list.
- In 2023, Nationwide paid $22.6B in claims and benefits to members.
- Since 2000, the Nationwide Foundation has contributed more than $670 million to nonprofits to help meet critical needs.
How has OABA helped your business or the agribusiness industry?
OABA has provided education, programming, and networking opportunities to help Nationwide leaders and associates stay connected and involved on topics that impact their member customers.
Interested in becoming a Sustaining Sponsor?
Click here to learn more about the program or contact Lauren Prettyman at lprettyman@oaba.net. Sustaining sponsors will automatically be promoted as such at all OABA events and will not be approached for sponsorship opportunities throughout the year.
Note that because the OABA Educational Trust is a 501(c)3 charitable organization, sponsorships related to this trust are separate from OABA.