Appleton, Wisconsin (January 15, 2017) — A.M. Best affirmed the Financial Strength Rating of A (Excellent) with a stable outlook for SECURA Insurance, a property and casualty insurer based in Appleton, Wis. The rating is a measure of an insurance company’s ability to pay claims to its policyholders.
The “A” rating recognizes SECURA’s solid financial stability and historically profitable underwriting and operating results. The stable outlook reflects A.M. Best’s expectation that earnings will remain positive.
“A.M. Best’s rating speaks beyond our financial strength,” said Dave Gross, President and CEO. “It confirms the hard work and commitment our agency partners and associates exude every day. It’s a team effort we’re proud of.”
The organization recognized SECURA for key strengths such as long-standing regional business presence and strong agency relationships. Additional strengths noted by A.M. Best included a conservative balance sheet, effective reinsurance utilization, and improving risk management capabilities. A.M. Best also affirmed SECURA’s Issuer Credit Rating (ICR) of “a+” with a stable outlook.
The organization recognized SECURA for key strengths such as long-standing regional business presence and strong agency relationships. Additional strengths noted by A.M. Best included a conservative balance sheet, effective reinsurance utilization, and improving risk management capabilities. A.M. Best also affirmed SECURA’s Issuer Credit Rating (ICR) of “a+” with a stable outlook.
A.M. Best Company is the insurance rating and information source for the industry. For more information, visit www.ambest.com or www.ambest.com/ratings/methodology.
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 Top 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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