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SECURA announces strong 2012 business results and affirmed A.M. Best "A” rating


Appleton, Wisconsin (January 25, 2013) —

SECURA Insurance announces that A.M. Best has affirmed its Financial Strength Rating of A (Excellent) with a stable outlook. The company also reports strong business results for 2012. The company achieved exceptional operating results in 2012, growing its direct written premium almost 8 percent with strong retention as well as new business, well ahead of industry projections of 4 percent. Loss results were favorable, especially in the Casualty area. Overall, this allowed the company to attain a combined ratio of 97.9 percent, nearly 10 points better than the forecasted industry result, which helped it bolster surplus by more than $32 million.

“At SECURA, our focus is to remain a vibrant, financially strong company over the long term for our policyholders, agents, and associates,” said President & CEO John Bykowski. “Our business results prove we’ve continued down this path during 2012, and I’m happy to say that A.M. Best agrees by affirming our rating.”

Key factors cited by A.M. Best in its rating analysis include SECURA’s:

  • Strong capitalization and historically profitable results.
  • Long-standing regional business presence.
  • Strong agency selection and long-term relationships.

SECURA Insurance, founded in 1900, is headquartered in Appleton, Wis. and employs 560 people. More than 440 independent insurance agencies in 12 states represent the company, which provides a broad range of competitive commercial, personal, farm, and specialty insurance products. SECURA is known for providing exceptional service to its agents and policyholders. Visit www.secura.net for more information and social media outlets.

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