Minnesota Association of Farm Mutual Insurance Companies

What Minnesota Association of Farm Mutual Insurance Companies does

Minnesota Association of Farm Mutual Insurance Companies (MAFMIC) is a 501(c)(6) nonprofit trade association founded on June 11, 1895, and headquartered at 601 Elm Street East, Saint Joseph, Minnesota. It serves incorporated mutual insurance companies authorized to transact business in Minnesota — including township mutuals and statewide companies that package with township mutuals — as well as insurance agents writing with those companies and associate members supporting the mutual insurance industry. Its stated mission is supporting member companies through excellence in advocacy, education, and services.

MAFMIC's core offering is a tiered membership subscription — Affiliate membership at $2,500/year, Associate membership at $500/year plus a $150 one-time application fee, and Regular membership with voting rights — supplemented by a portfolio of recurring services. Educational products include the Manager & Directors Seminar, Agents Meetings (delivered at St. Cloud and Mankato locations), the Risk Assessment and Adjusters Conference (RAAC), and the Short Course, all carrying Minnesota Department of Commerce continuing education credits. The association publishes the bimonthly Mutual Link newsletter, operates a member job board, administers the Jim Barta Memorial Scholarship ($1,000) plus additional minimum $500 scholarships for children of member-company policyholders, and runs three named awards (Robert C. Seipp Service Award, Volunteer of the Year, Public Policy Award).

The association is governed by an up-to-15-member Board of Directors drawn from member companies, with no capital stock and no pecuniary gain afforded to members per its Articles of Incorporation. It coordinates federal advocacy through the NAMIC Congressional Contact Program and operates the MAFMIC Political Action Committee (established 1988). Day-to-day operations are run by a small professional staff of three: President/CEO Adam Axvig, Office Manager/Event Coordinator Dani Hennen, and Part-Time Administrative Assistant Arlette Twedt. Distribution is entirely direct via the website, member portal, in-person events, and email; the organization has no app, no public API, no disclosed integrations, and no AI or proprietary technology components.

Name

Minnesota Association of Farm Mutual Insurance Companies

Legal name

Minnesota Association of Farm Mutual Insurance Companies, Inc.

Website

https://mafmic.org

Company type

Private

Founded year

1895

Operating status

Operating

Headcount range

11–50 employees

Short description

Minnesota Association of Farm Mutual Insurance Companies (MAFMIC) is a 501(c)(6) nonprofit trade association founded in 1895 that serves incorporated farm mutual insurance companies in Minnesota through advocacy, continuing education, networking events, and member services from its Saint Joseph headquarters.

Ownership category

akta.pro rank

Headquarters

HQ city

Saint Joseph

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: Annual membership dues from member insurance companies. Affiliate membership at $2,500/year; Associate membership at $500/year plus $150 one-time application fee. Dues are not deductible as charitable contributions but 88% may be deductible as a business expense.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

MAFMIC is a nonprofit trade association that supports farm mutual insurance company members in Minnesota through three pillars: advocacy (state and federal legislative representation including a PAC and the Congressional Contact Program coordinated with NAMIC), education (continuing education seminars, conferences, and the bimonthly Mutual Link newsletter awarding CE credits), and services (membership benefits, networking events, recognition programs, and a scholarship program for policyholders' children). Members include incorporated mutual insurance companies, affiliate companies, and associate industry-supporting organizations.

Product overview

MAFMIC operates as a unified membership association for farm mutual insurance companies, offering a portfolio of membership services that includes advocacy representation, professional education programs, and member networking opportunities. The core membership services provide legislative advocacy and industry representation, supported by educational offerings such as seminars, conferences, and continuing education credits. The association also facilitates networking through events like golf outings and publishes the bimonthly Mutual Link newsletter. Recognition programs include the Robert C. Seipp Service Award, Volunteer of the Year Award, and Public Policy Award. Additional services encompass a scholarship program for member families, a Political Action Committee for legislative advocacy, and a Congressional Contact Program for federal engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• MAFMIC Membership Services
• MAFMIC Educational Seminars and Conferences
• Mutual Link Newsletter Publication
• Member Job Center
• MAFMIC Golf Outing

Quantifiable outcome

• MAFMIC Scholarship: $1,000 Jim Barta Memorial Scholarship plus $500 minimum scholarships awarded annually to children of policyholders from member companies

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• NAMIC (National Association of Mutual Insurance Companies)coreStrategic or Co-development PartnerMAFMIC coordinates with NAMIC for the Congressional Contact Program (CCP), allowing Minnesota mutual insurance professionals to meet with federal legislators. NAMIC provides issue briefings and Washington DC coordination. MAFMIC also participates in NAMIC events and educational programs.
• North Star Mutual Insurance CompanyminorOthersSponsor of MAFMIC events and activities. Member company that posts employment opportunities through MAFMIC job board.
• RAM Mutual InsuranceminorOthersSponsor of MAFMIC events and activities. Member company. Representatives speak at MAFMIC educational events.
• Grinnell Mutual Reinsurance CompanyminorOthersMember company mentioned as presenter for RAAC burn cell demonstration. Grinnell Mutual provides reinsurance to mutual insurance companies.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Wisconsin Association of Mutual Insurance Companies (WAMIC): State-level mutual insurance trade association in an adjacent Upper Midwestern state with a comparable farm/rural member base and similar advocacy, education, and event-driven member services.
• National Association of Professional Insurance Agents (PIA): National trade association for independent insurance agents offering advocacy, education, CE, and member benefits; comparable operating model and shared agent and adjuster member base with MAFMIC.
• Independent Insurance Agents & Brokers of America (Big 'I'): National trade association for independent insurance agents and brokers with advocacy, education, and member service offerings overlapping MAFMIC's agent-focused programming.
• National Association of Mutual Insurance Companies (NAMIC): National trade association for mutual insurance companies; MAFMIC coordinates directly with NAMIC for federal advocacy and the Congressional Contact Program, making it the closest peer organization.
• Iowa Association of Mutual Insurance Companies: State-level trade association serving Iowa mutual insurers with a comparable model of advocacy, continuing education, and member events; structurally analogous to MAFMIC.

Broad incumbents

• American Property Casualty Insurance Association (APCIA): National trade association representing a broad range of property/casualty insurers, including mutuals; overlaps MAFMIC's advocacy role at the national level but with a much wider portfolio of members and issues.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• Xx.com/MAFMIC
• LinkedInlinkedin.com/company/minnesota-association-of-farm-mutual-insurance-companies-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Minnesota Association of Farm Mutual Insurance Companies