|By PR Newswire||
|September 10, 2013 01:14 PM EDT||
LOS ANGELES, Sept. 10, 2013 /PRNewswire/ -- Farmers Insurance, one of the nation's leading multi-line insurer groups, has named John Mueting as its new Head of Farmers Financial Solutions (FFS), the company's broker dealer business unit that offers a variety of financial service products to consumers.
In his new role, Mueting will be responsible for leading the FFS team and for growing the number of licensed Farmers agencies that sell Farmers Financial Solutions products.
"I am excited about the opportunity at Farmers because I know the company is committed to making consumers smarter about their financial choices, including their investment and financial planning options and it recognizes how valuable an insurance and financial services distribution system can be for agents and, ultimately, for consumers," said Mueting. "At Farmers, we have the tools and the right environment to build on past successes and to grow our business in the future."
For more than 20 years, Mueting has been an industry leader in managing the offering of financial services products to consumers via licensed insurance agents and broker dealers.
Prior to joining Farmers, Mueting was Vice President of Global Accounts for Pershing, LLC. Previously, he spent more than 20 years with Allstate Insurance where he held a number of senior leadership positions, including responsibility for distribution of financial services through the insurer's property and casualty and life specialist distribution channels.
Farmers Insurance Group of Companies is a leading U.S. insurer group of automobiles, homes and small businesses and also provides a wide range of other insurance and financial services products. Farmers Insurance is proud to serve more than 10 million households with more than 20 million individual policies across all 50 states through the efforts of over 50,000 exclusive and independent agents and nearly 24,000 employees.
The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange), including their subsidiaries and affiliates, owned by their policyholders. Farmers Group, Inc., along with its subsidiaries, manages the non-claims insurance operations of the Farmers Exchanges. Farmers Group, Inc. is wholly owned by the Zurich Insurance Group. For more information about Farmers, visit its Web site at www.farmers.com or at www.Facebook.com/FarmersInsurance.
SOURCE Farmers Insurance