Farmington Hills, MI – For the 18th consecutive year, A.M. Best announced it has reaffirmed the financial strength rating of Amerisure Companies as A (Excellent) with a stable outlook. Amerisure received the rating based on its balance sheet strength, operating performance and business profile.
“Amerisure continues to be financially strong and focused on providing service second to none to our Partners For Success® agencies and our policyholders,” said Greg Crabb, president and CEO, Amerisure. “This announcement reflects A.M. Best’s recognition of our business strategy and the ongoing commitment of excellence from our exceptional employees.”
According to A.M. Best, “Amerisure’s level of risk-adjusted capitalization reflects the strongest assessment of balance sheet strength. The company has conservatively established reserve positions, consistently manages sound liquidity levels, and makes effective use of its reinsurance program.”
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 throughout the midwestern, southwestern and southern United States. Licensed in all 50 states, Amerisure has surplus in excess of $983 million.
For details regarding the latest rating, go to www.ambest.com/ratings.