How Did Your 2017 Footcare Business Compare With Your Annual Income In 2016?
Some 59% of farriers increased their footcare business income in 2017 over the previous year. Some 32% indicated their income stayed pretty much the same for both years while 9% reported a reduction in income.
— Survey of 2018 International Hoof-Care Summit attendees
Using Toe Vs. Side Clips
When clips are required on shoes, 37% of full-time farriers use side clips while 15% rely on toe clips.
— 2016 American Farriers Journal Farrier Benchmark Study
Friday's Farrier Facts & Figures is brought to you by Markel Insurance.
Markel Corporation (NYSE – MKL) is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930, Markel reports its ongoing underwriting operations in three segments, and products originate from four insurance divisions and one reinsurance division. Markel Ventures, a subsidiary that makes strategic investments in companies outside of the insurance marketplace, is another important component of our business.
In each of our businesses, we seek to deliver innovative products and responsive customer service so that we can be a market leader. Our time horizon is long-term, our underwriting approach is disciplined, and our focus is on continuously improving the quality of the customer experience. Our financial goals are to earn consistent underwriting and operating profits and to combine those profits with superior investment returns to build shareholder value.