Add-on Acquisition • Insurance

Farmers Mutual Hail Insurance Company of Iowa Acquires Palliser Insurance

On February 4, 2025, Farmers Mutual Hail Insurance Company of Iowa acquired insurance company Palliser Insurance

Acquisition Context
  • This is Farmers Mutual Hail Insurance Company of Iowa’s 2nd transaction in the Insurance sector.
  • This is Farmers Mutual Hail Insurance Company of Iowa’s 1st transaction in Canada.
  • This is Farmers Mutual Hail Insurance Company of Iowa’s 1st transaction in Saskatchewan.

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M&A Deal Summary

Date February 4, 2025
Target Palliser Insurance
Sector Insurance
Buyer(s) Farmers Mutual Hail Insurance Company of Iowa
Deal Type Add-on Acquisition

Target Company

Palliser Insurance

Saskatoon, Saskatchewan, Canada
Palliser is a crop hail insurance provider, offering crop hail insurance across Western Canada, supported by the industry's largest network of agents and adjusters. Palliser Insurance is based in Saskatoon, Saskatchewan.
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Buyer Overview 1

Buyer

Farmers Mutual Hail Insurance Company of Iowa

West Des Moines, Iowa, United States

Category Company
Founded 1893
Sector Insurance
DESCRIPTION

Farmers Mutual Hail Insurance Company of Iowa (FMH) is a provider of insurance services in US.


Deal Context for Buyer #
Overall 2 of 2
Sector: Insurance 2 of 2
Type: Add-on Acquisition 1 of 1
State: Saskatchewan 1 of 1
Country: Canada 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-18 John Deere Risk Protection

Johnston, Iowa, United States

John Deere Risk Protection, Inc. is a crop insurance provider.

Buy -