A.M. Best affirms Financial Strength Rating of A (Excellent) for SECURA Insurance
Appleton, Wisconsin (January 30, 2018) — A.M. Best affirmed the Financial Strength Rating of A (Excellent) and Issuer Credit Rating of a+, both with a stable outlook for SECURA Insurance, a property and casualty insurer based in Appleton, Wis. The ratings are measures of an insurance company’s ability to pay claims to its policyholders and meet its ongoing financial obligations.
“Our company’s rating from A.M. Best speaks to our financial strength and so much more,” said Dave Gross, President & CEO. “It reflects the hard work and commitment of our independent agency partners and employees.”
“Together, we’re dedicated to serving our policyholders. That remains our focus, as well as maintaining long-term growth and stability,” Gross added.
The “A” (Excellent) rating signifies SECURA’s strong financial stability and historically profitable underwriting and operating results. The stable outlooks reflect the company’s continued solid risk-adjusted capitalization and A.M. Best’s expectation that earnings will remain positive.
The organization recognized SECURA for key strengths such as long-standing regional business presence with significant market knowledge, and broad and strong agency relationships. Additional strengths noted by A.M. Best included a very strong, conservative balance sheet and a diversified business mix, offering a broad range of Commercial, Personal, Farm-Ag, and Specialty products.
A.M. Best Company is the insurance rating and information source for the industry. For more information, visit www.ambest.com.
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.