Why does supplier diversity matter?
We believe that developing and sustaining relationships with diverse suppliers is important. Providing opportunities for traditionally underrepresented businesses in our procurement efforts, where possible, can add value for our policyholders and the communities where our policyholders, employees and agents live and work.
While supplier diversity seeks to ensure a level playing field in our procurement practices, the decision to award business to a diverse supplier is based on their ability to provide the product or service that best meets our business requirements.
What is a diverse supplier?
A business qualifies as diverse when it is at least 51%-owned, operated and controlled by an individual or group that is part of a traditionally underrepresented or underserved community:

What are our supplier diversity certification requirements?
Suppliers interested in participating in Farmers’ supplier diversity program must be a certified diverse company. There are numerous certifying agencies, each having a focus on a particular minority group. Farmers accepts certification from the following third parties:
Why do we require third-party certification?

How do we know you have completed third-party certification?
Farmers is working with Supplier.IO to access its database of certified diverse suppliers. The Supplier.IO database is used by Farmers and many other companies when seeking qualified diverse suppliers to consider when sourcing products and services.
If you are a diverse business owner and would like to make information on your company available to Farmers and other companies that access Supplier.IO’s database, register as a supplier with Supplier.IO. There is no cost to register with Supplier.IO.
Once your company successfully creates a profile, the information provided will be made available to the Farmers Sourcing and Procurement team. Please note: submitting information to Supplier.IO is not a guarantee that Farmers will engage a supplier or provide the opportunity to submit proposals. Rather, it can help improve the possibility of a company being recognized as a prospective supplier of products and/or services.
