Grinnell Mutual board chair receives national award

Grinnell Mutual board chair receives national award

Board chairman Paul Stueven smilingGrinnell, Iowa — Paul Stueven, Grinnell Mutual’s board chairman as of June, was named the Professional Farm Mutual Manager (PFMM) of the year by the National Association of Mutual Insurance Companies (NAMIC) at their 2018 convention in San Antonio, Texas.

Stueven has worked in the mutual insurance industry since 1979 as an agent, inspector/adjuster, and company manager, and has served as the CEO and treasurer of Fairmont Farmers Mutual in Fairmont, Minn., since 2002.

He has also served on NAMIC’s board of directors and as chairman on several NAMIC committees. In 2007, he was honored with the NAMIC Merit Society Award.

He received his Professional Farm Mutual Manager (PFMM) designation in 2005 and earned his Farm Mutual Director Certification (FMDC) in 2017.

“Paul’s experience and focus on the future of our industry makes him the perfect person to be part of the leadership of multiple organizations,” said Jeff Menary, president and CEO of Grinnell Mutual. “It’s unusual to find someone like Paul who is able to look forward toward an organization’s vision, but is also grounded in the knowledge that serving mutual policyholders is our primary objective. We are proud of Paul’s achievements and lucky to have him serving as our chairman.”

The NAMIC Farm Mutual Conference board of directors created the Professional Farm Mutual Manager of the Year Award in 2002 to recognize outstanding leadership and accomplishments in service to NAMIC and the farm mutual industry. The annual award’s recipient must be a PFMM designate and perform at a high level in marketing, administrative, and financial management.

Award-winners are selected for exceptional achievements in both the short and the long terms of their career.

“It is truly an honor to be recognized as the NAMIC PFMM Manager of the year by my peers,” Stueven said. “The completion of the courses needed to receive and maintain the PFMM designation have provided me with a good understanding of company operations and help me stay current on industry changes. My participation in the PFMM program has been a significant benefit to me personally and to Fairmont Farmers Mutual.”