SFM-The Work Comp Experts

Terry Miller

Terry Miller

SFM President and CEO

Company Head Quarters
Bloomington, Minnesota


A.M. Best Rating
“A-” (excellent)

Who we are

SFM Mutual Insurance Company is one of the leading workers’ compensation companies in the Midwest, serving employers of all sizes and retaining more than 96% of policyholders year after year. SFM is the largest carrier of workers’ compensation policies in the state of Minnesota, and is licensed to provide coverage in 34 states overall.

As a member-owned mutual insurance company, we’re committed to managing our business responsibly for the benefit of our policyholders. SFM has a Financial Strength Rating of “A- (Excellent)” from AM Best.

Focused on service

Our model is focused on excellence in all aspects of workers’ compensation through unrivaled service and communication, expertise in underwriting, loss prevention and claims, and a commitment to workplace safety. Our experienced staff consistently delivers the high level of service that policyholders and agents have come to expect from SFM.

In the Community

SFM founded the SFM Foundation in 2008, to provide scholarships for students whose parents were disabled or fatally injured while working for Minnesota or Iowa employers. SFM Foundation is an affiliate of Kids’ Chance of America in Iowa and Minnesota, and is also known as Kids’ Chance of Iowa. If you know someone who could benefit from an SFM Foundation scholarship or to learn more about the cause,
visit sfmfoundation.com​.

To learn more about SFM, visit sfmic.com or talk to a local independent agent.