Alfa Insurance | 11,903 followers on LinkedIn. With more than 1 million policies in force, Alfa Insurance® stands as a pillar of unwavering strength and unparalleled service to our policyholders. Founded in 1946 by what is now known as the Alabama Farmers Federation, Alfa has earned a reputation as one of the nation's most stable, reliable and affordable providers of insurance. Both our property and casualty insurance companies and our life insurance company are rated A (Excellent) by the A.M.