Appleton, Wis. (February 27, 2019) – SECURA Insurance released the 2018 Annual Report this week sharing details of its strong financial performance and continued growth. SECURA continues to outperform industry results and showed significant gains in the past year. The company is based in Appleton, Wisconsin and serves policyholders in twelve states.
“2018 was an incredible year of growth for SECURA and on behalf of everyone in our company, I’m proud to share the financial results of our hard work and continued focus on our policyholders and independent agents,” said Dave Gross, President & CEO. “As a mutual company, financial performance is not the only way we measure success, and yet we deliver outstanding results year-over-year. That growth empowers us to continue expanding our business and services to our independent agents and a growing number of policyholders.”
SECURA’s financial success is directly linked to the close relationships the company has with independent insurance agents. “When we bring on a new agency partner, we want only the best to represent our company and serve our policyholders,” said Gross. “We look for experience, compassion, and a demonstrated commitment to providing excellent customer service, so the agency reflects our customer-centric philosophy as a carrier of choice.”
SECURA grew direct written premium to $670.3 million, which was an 8.9 percent increase. Profitability also finished ahead of plan and is expected to outperform the industry average.
In addition to premium growth, SECURA grew its workforce in 2018 by 53 full-time positions and plans to continue that trend in 2019 and beyond. The company is currently building a new headquarters in Fox Crossing, with an estimated completion date of October 2019. For more information about SECURA’s growth in the Fox Cities, visit secura.net/report. For career opportunities, visit secura.net/careers.
ABOUT SECURA INSURANCE
SECURA Insurance is headquartered in Appleton, Wis. More than 475 independent insurance agencies in 12 states represent the company, which provides a broad range of competitive commercial, personal, farm, nonprofit, and special events products. It is known for providing exceptional service to its agents and policyholders since 1900. The carrier also is a Ward’s 50 company for outstanding results in financial performance and consistency over a five-year period. Visit www.secura.net to learn more.
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