IMT History
Thanks to one trusting farmer’s strong belief in people and desire to help others, we’ve
worked to keep people Worry Free since we were founded in 1884. In the beginning, it was The Iowa Mutual
Tornado, Cyclone and Windstorm Insurance Association. In 1903, the decision was made to refine our name
to Iowa Mutual Tornado Insurance Association and again in 1970 to IMT Insurance Company.
Today, we proudly call ourselves IMT Insurance. Our distinctive red diamond logo is a steadfast symbol of
integrity, compassion and resolve. We’re committed to providing
protection for autos, homes and businesses, and support for our partners.
1880s
- 1884: Founded the Iowa Mutual Tornado, Cyclone and Windstorm Insurance Association in West Union, IA
- 1884: Issued first policy to Dr. Lorenzo Dutton
- 1885: Reached $1 million mark of tornado insurance in force
- 1903: Changed company name to Iowa Mutual Tornado Insurance Association
- 1911: Reached $150 million mark of tornado insurance in force
1920s
- 1927: Iowa Mutual Tornado – the largest co-operative association in the world!
- 1930: J.B. Herriman, IMT founding father, died at age 81
1950s
- 1955: Began fire reinsurance for associated county mutuals in Iowa
- 1958: Began writing casualty insurance with CPL and FCPL Policies with the rapidly expanding multiple lines era underway
- 1959: Introduced the diamond logo as part of IMT’s 75th Anniversary
1960s
- 1960: Introduced Homeowners, Family Auto, and Commercial Truck policies
- 1964: Created our “Be Worry Free with IMT” tagline
- 1964: Introduced Workers’ Compensation policies
1970s
- 1970: Changed company name to IMT Insurance Company (Mutual)
- 1979: Received Iowa Consumerism Award from PIA
1980s
- 1980: Received National Consumerism Award from PIA
- 1982: Added Businessowner Policy
- 1984: Began century #2 as a company!
- 1984: Started “The IMT File” – package of personal policies
1990s
- 1990: Began electronic communications with our agency force
- 1991: Reached $21 million in surplus
- 1994: Named “Company of the Year” by PIA
- 1999: Established Surety and Fidelity department
2000s
- 2000: Exited the assumed reinsurance business
- 2007: Formed Mutual holding company and introduced a new company – Wadena Insurance
- 2007: Reached $114 million in policyholders’ surplus
- 2007: Increased A.M. Best rating to “A” excellent
- 2009: Celebrated IMT’s 125th Anniversary
2010s
- 2011: Expanded writing territory in Minnesota for Personal Lines
- 2014: Released Worry Free mobile app on iOS and Android
- 2014: Released paperless and online portal My Policy+ for policyholders
- 2015: Reached $200 million in Direct Written Premium
- 2015: Released the IMT Link mobile app on iOS and Android
- 2016: Named number one Top Workplace in Iowa
- 2018: Introduced new IMT brand refresh including new logo
- 2018: Moved into new headquarters building in West Des Moines, Iowa
2020s
- 2020: Celebrated seven consecutive years as a Top Workplace in Iowa award
- 2022: Crossed $300 million in Direct Written Premium
- 2024: Celebrated 140th Anniversary
- 2024: Merged with Eden Insurance Company
Today
- We’re committed to providing protection for businesses, autos, homes, and farm/personal liability, and support for our partners.