Union Mutual Named 2024 Outstanding Business of the Year

Image of the Union Mutual Logo with an image a torchbearer's lamp and the slogan "Live life well protected" written below "Union Mutual."

 VermontBiz and the Vermont Chamber of Commerce are pleased to announce Union Mutual Insurance Company as the recipient of the 2024 Outstanding Business of the Year Award. The award will be presented to Union Mutual at the opening session of the Vermont Economic Conference on January 28 at the UVM Dudley Davis Center.

A Legacy of Community Commitment

Founded in 1874, Union Mutual has been woven into the fabric of Vermont for more than a century and a half. Throughout its history, the company has combined strong financial performance with a deep sense of social responsibility, supporting a range of community initiatives across the region. In 2024 alone, Union Mutual employees collectively contributed over 230 volunteer hours to local organizations such as Special Olympics Vermont, Meals on Wheels, and the Vermont Foodbank. Its charitable giving fund also provided financial assistance to dozens of nonprofits, from youth sports programs to healthcare foundations.

“For 150 years, Union Mutual has strived to be a reliable and forward-thinking partner to our policyholders and our community,” said Lisa Keysar, President & CEO. “Receiving the Outstanding Business of the Year Award is an honor that reflects our team’s enduring commitment to Vermont. We believe deeply in giving back, fostering a positive work environment, and ensuring Vermonters can ‘live life well protected.’”

Union Mutual’s leadership in corporate responsibility is evident in both its environmental initiatives and its employee-focused culture. The company maintains a solar array at its Montpelier headquarters, pursues paperless processes for policyholders, and partners with One Tree Planted for every new paperless policy—underscoring its dedication to sustainability. Internally, Union Mutual offers robust professional development, competitive benefits, and flexible workplace options, helping earn it recognition as one of the Best Places to Work in Vermont for 11 consecutive years.

“We have so many outstanding businesses in Vermont that reflect our state’s innovative and community-driven spirit,” said Vermont Chamber President Amy Spear. “Union Mutual’s longevity, remarkable community impact, and forward-thinking business practices align perfectly with the core values we celebrate in this award.”

“From its longstanding record of financial stability to its multi-faceted approach to community service, Union Mutual is a wonderful example of how success and responsibility can go hand in hand,” said John Boutin, Publisher of VermontBiz. “They exemplify the best of what Vermont businesses bring to our communities.”

For 35 years, VermontBiz and the Vermont Chamber of Commerce have partnered to present the Outstanding Business of the Year Award, recognizing the state’s most dynamic and community-minded companies. Past winners represent a who’s who of Vermont businesses, each significantly contributing to the state’s economy and the well-being of its residents.

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OUTSTANDING BUSINESS OF THE YEAR AWARD WINNERS

[Previously known as the Deane C. Davis Outstanding Vermont Business of the Year Award]

2023      BOURNE’S ENERGY

2022      HICKOK & BOARDMAN INSURANCE GROUP

2021      HEALTHY LIVING MARKET AND CAFÉ

2020      LAWSON’S FINEST LIQUIDS

2019      CHROMA TECHNOLOGY CORP.

2018      GREEN MOUNTAIN POWER

2017      VERMONT MUTUAL INSURANCE GROUP

2016      MARATHON HEALTH

2015      PC CONSTRUCTION

2014      CHAMPLAIN CABLE

2013      DEALER.COM

2012      GW PLASTICS, INC.

2011      FOLEY FAMILY OF COMPANIES

2010      SMALL DOG ELECTRONICS

2009      BIOTEK INSTRUMENTS INC

2008      NATIONAL LIFE GROUP

2007      SYMQUEST GROUP INC

2006      RSG

2005      KING ARTHUR FLOUR

2004      IDX

2003      HUBBARDTON FORGE

2002      NRG SYSTEMS

2001      WILD APPLE GRAPHICS

2000      WAITSFIELD CHAMPLAIN VALLEY TELECOM

1999      CABOT CREAMERY

1998      VERMONT COUNTRY STORE

1997      SMUGGLERS’ NOTCH RESORT

1996      MACKMOLDING COMPANY

1995      VERMONT HEATING & VENTILATING

1994      GREEN MOUNTAIN COFFEE ROASTERS

1993      PERRY RESTAURANT GROUP

1992      MCKENZIE MEATS

1991      C & S WHOLESALE GROCERS

1990      WALLACE ENTERPRISE