United Fire : Association of Insurance and Financial Analysts (AIFA) Conference

Exhibit 99.2

MARCH 2, 2021

Forward-Looking Statements

This presentation may contain forward-looking statements about our operations, strategic plan, expensive initiatives, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 for forward-looking statements. The forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about the Company, the industry in which we operate, and beliefs and assumptions made by management. Words such as "expect(s)," "anticipate(s)," "intend(s)," "plan(s)," "believe(s)," "continue(s)," "seek(s)," "estimate(s)," "goal(s)," "remain(s) optimistic," "target(s)," "forecast(s)," "project(s)," "predict(s)," "should," "could," "may," "will," "might," "hope," "can" and other words and terms of similar meaning or expression in connection with a discussion of future operations, financial performance or financial condition, are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Information concerning factors that could cause actual outcomes and results to differ materially from those expressed in the forward-looking statements is contained in Part I, Item 1A "Risk Factors" of our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission ("SEC") on February 26, 2021. The risks identified in our Annual Report on Form 10-K and in our other SEC filings are representative of the risks, uncertainties, and assumptions that could cause actual outcomes and results to differ materially from what is expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release or as of the date they are made. Except as required under the federal securities laws and the rules and regulations of the SEC, we do not have any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

Strategic Plan: "One UFG boldly forward"

•  Several initiatives aimed at long-term profitability, diversification and growth in profitable lines, and innovation.

•  Portfolio management initiatives include diversifying our book of business and targeting attractive markets and products.

  •  Includes reducing size of commercial auto book by non renewing underperforming accounts and reducing the number of commercial auto exposure units.

  •  Growth in profitable lines: E&S, surety and assumed reinsurance.

•  Underwriting initiatives include rate increases and focusing on consistency across regional branches.

•  Claims initiatives include shorting cycle time, reducing legal expenses and the impact of litigation.

•  Expansion of analytics capabilities.

•  Primarily focused on commercial auto, property, umbrella

•  Auto - unit reduction, rate increase

•  Property - rate increase, reduce undesirable exposures

•  Umbrella - rate increase, limits reduction