Albert Falkenhainer - Founder The year was 1898 when a young man named Albert Falkenhainer moved west to Titonka, Iowa, to open the town's first business: a drug store. Four years later when that store was destroyed by fire, he learned firsthand about the often painful experiences encountered by druggists seeking insurance: difficulties with loss settlements, poor service, and excessive premiums. Falkenhainer did rebuild his drug store; and during the process, another new business was born. He obtained a mutual insurance company charter in 1909 and began offering policies to pharmacists that same year. Falkenhainer's philosophy was simple, yet powerful: Be the best at serving your customers. From its earliest days, Druggists Mutual Insurance Company was dedicated to the pharmacy profession and the "mutual" concept.

OUR MISSION: To help our customers attain financial peace of mind. Since its beginning, Druggists Mutual Insurance has had a unique understanding of druggists insurance and financial needs. The name changed in 1992 to Pharmacists Mutual but the company continues to evolve with the changing needs of todays pharmacists. Why insure with Pharmacists Mutual? - There are so many reasons. One of which would be the company's field representatives and home office staff specialize in knowledge of pharmacy profession risks and needs. Practicing pharmacists serve on the Board of Directors. Our on-staff pharmacist/attorneys stay in touch with current legislation and litigation trends that affect you. Pharmacists Mutual field representatives serve as your link to the company and have years of experience with your profession. Our Board of Directors, officers and employees abide by our Code of Ethics and are committed to conducting business in accordance with the highest ethical standards. Pharmacists Mutual is also very active in support of pharmacy. We take pride in supporting state pharmacy associations, College of Pharmacy scholarship programs, awards for outstanding scholastic achievement, the pharmaceutical industry through our Foundation, and providing help for alcohol and drug abuse programs, and research. Pharmacists Mutual Companies are committed to pharmacy--your profession! Our commitment to quality and outstanding service for your professional, business, and personal insurance coverage shows that we know excellent value is essential. Our competitive rates and dividend payments to policyholders each year since 1909 show we share your concern about cost control.