Farmington Hills, MI — A.M. Best Company has reaffirmed Amerisure Companies’ “A” (Excellent) financial strength rating for the 14th consecutive year. The A.M. Best rating is a nationally recognized, independent third-party opinion, based on a comprehensive evaluation of a company’s balance sheet strength, operating performance and business profile.
“The reaffirmation of Amerisure’s ‘A’ rating from A.M. Best is a direct reflection of our ability to execute the fundamentals of our business strategy,” said Richard F. Russell, President and CEO. “As always, our Partners for Success® program remains the cornerstone of our success, furthered by our efforts to offer new solutions, tools and services to meet and exceed the needs of an ever-changing marketplace.”
According to A.M. Best, “The ratings reflect the group’s strong risk-adjusted capitalization, historical operating profitability and prudent reserving practices. These factors reflect Amerisure’s regional operating strategy writing commercial insurance for mid-market accounts, with value-added loss control and risk management services delivered via strategically located Core Service Centers located throughout the midwestern, southwestern and southern United States.” Amerisure is licensed in all 50 states and has a surplus in excess of $732 million.