ABOUT
In 1978, Francis Richard created a company that would one day become a leader in the insurance services industry by providing exceptional insurance services to carriers, self-insured companies and groups, and government entities. F. A. Richard & Associates, Inc., was born.
We carry out that legacy by providing our clients with the very best service and the highest level of attention.
FARA recognized how important information technology would become and invested in the company by adapting and integrating new technologies into service operations. This approach is what drives us today and have developed various online applications that range from claims management to medicare reporting compliance.
With over 30 years of industry experience, FARA has become a premier provider of insurance services to both the public and private sectors - nationwide.
FARA is firmly committed to the individual success of each of our clients. We are focused on our client’s long term goals and are committed to being a value-added, long term business partner.
Our solutions-driven management team is focused on working with each client, providing them with creative insight and innovative solutions to today’s market challenges.
Our technologies provide efficiencies that create competitive advantages for our clients. Successful partnerships are driven by results and our corporate commitment to successful relationships drive every employee of our organization.
We want to be more than just another vendor, but rather a business partner that is committed to your success.
FARA's mission is to provide valuable insurance and risk management related services to insurance companies, self-insured corporations, and governmental entities throughout the United States. We will accomplish this by providing our clients with an experience superior to our competition and to protect their assets, while achieving the lowest possible claim costs.
FARA's vision is to be recognized nationally as the premiere insurance service provider. We will maintain our valued reputation while growing our revenues 200% over the next five years. FARA will continue to attract the best professionals available and will strive to be considered a very desirable employer.
We will increase our revenues per associate by utilizing the latest cost effective technologies, while continually improving our work product. FARA will play a role in improving technology within the insurance industry, including extensive use of the Internet to offer web-based applications for claims administration, reporting, medical case management, cost containment, risk control, underwriting, policy management, premium audits, and medicare reporting compliance.
