State Farm Mutual Automobile Insurance Company - Strategic SWOT Analysis Review by GlobalData

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									           State Farm Mutual Automobile Insurance Company - Strategic SWOT
                                   Analysis Review
        Reference Code: GDFS33183SA                                                                                          Publication Date: AUG 2012

          One State Farm Plaza                               Phone             +1 309 7662311                   Revenue         63,200 (million USD)
          Bloomington, IL                                    Fax               +1 630 7663621                   Net Profit      NA
          61710                                              Website           www.statefarm.com                Employees       68,000 (Estimated)
          United States                                      Exchange                                           Industry        Financial Services

       Company Overview
       State Farm Mutual Automobile Insurance Company (State Farm) provides various insurance and financial services products and
       services. It is one of the largest providers of auto insurance in the US. State Farm also offers home insurer, and non-medical
       health and life insurance through its subsidiary companies. State Farm also offers mutual fund services and operates a federal
       savings bank charter, State Farm Bank, which offers consumer and business loans through its agents and by phone, mail, and
       internet. The company offers its products and services through an agent network primarily in the US and also in Canada. State
       Farm is headquartered in Illinois, the US.
       Key Executives                                                             SWOT Analysis
                     Name                                Title                     State Farm Mutual Automobile Insurance Company, SWOT
         Edward B. Rust Jr                 Chairman                                Analysis

         Gerald M. Czarnecki               Director                                Strengths                            Weaknesses

         Paul T. Stecko                    Director                                Superior Business Profile            Underwriting Losses
         Christopher C. DeMuth             Director
                                                                                   Mutual Insurance Company             Invested Asset Mix
         John D. Zeglis                    Director
        Source: Company Website, Primary and Secondary Research,
        GlobalData                                                                 Opportunities                        Threats

                                                                                   Rising Demand for Automobiles Catastrophic Losses: Private
        Key Competitors                                                                                          P&C Insurers
         Erie Indemnity Company                                                    Demand for Houses
                                                                                                                 Foreign Account Tax
         Sentry Insurance Group                                                                                  Compliance Act
         Nationwide Mutual Insurance Company
         Farmers Automobile Insurance Association
                                                                                  Source: Company Website, Primary and Secondary Research, GlobalData
        Mutual of Omaha Insurance Company
        Source: Company Website, Primary and Secondary Research,
        GlobalData




State Farm Mutual Automobile Insurance Company - Strategic                                                                      Reference Code: GDFS33183SA
SWOT Analysis Review
Source : www.globalcompanyintelligence.com                                                                                                                Page 1
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       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 3
          List of Figures ................................................................................................................................................................................. 3
       Section 1 - About the Company.......................................................................................................................................................... 4
       State Farm Mutual Automobile Insurance Company - Key Facts ....................................................................................................... 4
       State Farm Mutual Automobile Insurance Company - Key Employees .............................................................................................. 5
       State Farm Mutual Automobile Insurance Company - Key Employee Biographies ............................................................................ 6
       State Farm Mutual Automobile Insurance Company - Major Products and Services ......................................................................... 7
       State Farm Mutual Automobile Insurance Company - History ............................................................................................................ 8
       State Farm Mutual Automobile Insurance Company - Company Statement ...................................................................................... 9
       State Farm Mutual Automobile Insurance Company - Locations And Subsidiaries .......................................................................... 10
          Head Office ................................................................................................................................................................................... 10
          Other Locations & Subsidiaries ..................................................................................................................................................... 10
       Section 2 – Company Analysis ......................................................................................................................................................... 12
       State Farm Mutual Automobile Insurance Company - Business Description.................................................................................... 12
       State Farm Mutual Automobile Insurance Company - SWOT Analysis ............................................................................................ 13
          SWOT Analysis - Overview........................................................................................................................................................... 13
          State Farm Mutual Automobile Insurance Company - Strengths .................................................................................................. 13
             Strength - Superior Business Profile ......................................................................................................................................... 13
             Strength - Mutual Insurance Company ...................................................................................................................................... 13
             Strength - Strong Policyholders Surplus.................................................................................................................................... 13
             Strength - Customer Satisfaction Ranking ................................................................................................................................ 13
          State Farm Mutual Automobile Insurance Company - Weaknesses ............................................................................................. 14
             Weakness - Underwriting Losses .............................................................................................................................................. 14
             Weakness - Invested Asset Mix ................................................................................................................................................ 14
          State Farm Mutual Automobile Insurance Company - Opportunities ............................................................................................ 14
             Opportunity - Rising Demand for Automobiles .......................................................................................................................... 14
             Opportunity - Demand for Houses ............................................................................................................................................. 14
             Opportunity - Target-Date Funds .............................................................................................................................................. 14
          State Farm Mutual Automobile Insurance Company - Threats ..................................................................................................... 14
             Threat - Catastrophic Losses: Private P&C Insurers ................................................................................................................. 14
             Threat - Foreign Account Tax Compliance Act.......................................................................................................................... 15
             Threat - Low Interest Rate Environment.................................................................................................................................... 15
       State Farm Mutual Automobile Insurance Company - Key Competitors .......................................................................................... 16
       Section 3 – Company’s Power, Oil & Gas Financial Deals and Alliances ........................................................................................ 17
          State Farm Mutual Automobile Insurance Company, Power, Deals By Year, 2006 to YTD 2012................................................. 17
          State Farm Mutual Automobile Insurance Company, Power, Deals By Type, 2006 to YTD 2012 ................................................ 18
       State Farm Mutual Automobile Insurance Company, Recent Deals Summary ................................................................................ 19
       Section 4 – Appendix ....................................................................................................................................................................... 20
          Methodology ................................................................................................................................................................................. 20
          About GlobalData ......................................................................................................................................................................... 20
          Contact Us .................................................................................................................................................................................... 20
          Disclaimer ............................
								
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