United Fire Group (UFCS) 2001年年度报告「NASDAQ」.pdf

1、United Fire Group:Annual Report 2001 CONTENTSIntroduction Notice of Annual Meeting Comparative Financial Highlights Selected Financial Data The Chairmans Report Managements Discussion and Analysis of Financial Condition and Results of Operations Description of Business Market for Registrants Common

2、Equity and Related Stockholder Matters Report of Independent Public Accountants Consolidated Balance Sheets Consolidated Statements of Income Consolidated Statements of Stockholders Equity Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements Directors and Executive Office

3、rs http:/ 11/6/2002 11:41:39 AMTechnology and Peopleust 25 years ago,a computer terminal appeared for the first time on an underwriters desk at United Fire.It cost about$4,000and all it could do was send data to the big computer.The big computer was watched over by two Burroughs field engineers,who

4、worked full-time to keep it running.It was an uncertain entry into the information age.We were convinced that the new technology would revolutionize the insurance industry.Over the next 25 years,United Fire took giant steps in using technology to achieve remarkable new efficiencies of operation.Toda

5、y,every facet of our operation is made more effective through technology:accounting,claims,loss control,marketing,underwriting.Technology helps us control our expenses at the same time it is helping us provide better service to our agents and their clients.Our e-business unit melds our needs with th

6、ose of our agents and policyholders to build systems that serve all of us.As proud as we are of these advances,however,we are even more pleased that we have accomplished this tremendous transition without losing the human touch.Person-to-person contact has always been an important part of our busine