For businesses and organizations alike, one of the unsung keys to success is dealing effectively with risk management. Companies — especially farms — need insurance to protect themselves in highly competitive, highly risky enterprises.
Everett Cash Mutual is a national leader in writing policies that protect the large investments farmers must make.
How did ECM grow to be the 29th largest writer of Farm Insurance? “By finding a niche that fits our strengths and maintaining focus on executing it,” said Randy Shaw, president and CEO, ECM. “Success is all about overcoming obstacles. Given enough time, and commitment to execute, success can be achieved.”
Shaw understands the role that competition plays in growing a successful company and the ways to sustain that growth.
“Anyone who avoids competition or dislikes it, doesn’t realize the essence of it,” Shaw said. “Competition keeps us fresh, focusing on striving to always improve. Without competition we become complacent.”
ECM was named one of the fastest growing companies in the nation in 2016. Its successes continue to mount.
“We are currently covering Farm and Small Commercial risks in ten states,” Shaw said. “We recently hired a Farm Underwriter in Omaha, Nebraska who will enable our expansion to an additional 20 states within the next two years.”
ECM recently purchased the old State Police barracks next door to its current facility. The company’s goal is to create a campus setting for its new addition.
“We plan to move our software division, 1st Choice Connect, and the former Whetstone Agency, now called ECM Service Agency, into this facility,” Shaw said.