Our story

Back in 1903, farmers didn’t have much of a choice when it came to insurance. The only option was English owned tariff companies who had little understanding of the risks and challenges faced by rural New Zealanders. They charged like wounded bulls and to make matters worse all of the profits went offshore to pay shareholders.

Farmers aren’t the type to just sit around and talk about a problem, they want action. So a group of them got together and in 1905 the first Mutuals were formed in Otago, Wellington, Taranaki and Hawke’s Bay. Like most good ideas it soon caught on - more Mutuals formed around the country and a new era of rural insurance was born.

Fast forward a few years and the Mutuals started combining to form even stronger organisations and began offering more products. Following on from this Farmers’ Mutual Group (FMG) was born in the 1970’s and set up base in Palmerston North.

Over 105 years later FMG, as we’re known today, is still 100% New Zealand owned and operated and proud of it. Our focus today is on the risks and challenges you face, not just the insurance you need to deal with them - we want to help all New Zealanders take the risks they need to achieve their goals.