Co-operative Business of the Year

Co-operative Business of the Year

Farmers Mutual Group (FMG) is the inaugural winner of this award and Chief Executive Chris Black, pictured, was on hand to receive it on behalf of the 111-year-old mutual.

Cooperative Business NZ Chief Executive, Craig Presland, says FMG “leads the way” in making a significant and positive impact within the co-operative community during the 2015/16 year.

“Co-operatives return value to their shareholders in many different ways – not just the bottom line,” says Craig. “Farmers Mutual Group leads the way here in NZ, no better example being its concern for the well-being of farmers and growers across NZ with its Farmstrong programme.

“In challenging economic times, Farmstrong is aiming to shift the focus of mental health from depression and illness to one of well-being.

“In addition, in true co-operative spirit, FMG has been fully involved in community investment with such programmes as principal sponsorship of Young Farmer of the Year, rural crime prevention advice and guidance. It also shows its support for farmers and growers by attending, hosting and sponsoring some 600 rurally focused events across New Zealand each year”.  

Craig Presland says the award is about celebrating the success of the co-operative business model.

“As winner, FMG clearly demonstrated the value of the model in returning benefits to its members and wider communities across New Zealand.”

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FMG at a glance

  • FMG was established in 1905 and 111 years later, remains steadfastly 100% New Zealand owned and operated
  • It is New Zealand’s leading rural insurer, providing risk advice and insurance to over 64,000 people
  • It has 30 offices nationwide – from Gore to Thames to Dannevirke – employing more than 500 Kiwis, 350 of which are based in the Manawatu
  • Read more about FMG here.

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