A.M. Best affirms Financial Strength Rating of A (Excellent) for SECURA Insurance
Appleton, Wis. (March 11, 2019) – 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, Wisconsin. The ratings are measures of an insurance company’s ability to pay claims to its policyholders and meet ongoing financial obligations.
“Recognition by A.M. Best is something that speaks volumes to the work that we do to protect our policyholders,” said Dave Gross, President & CEO. “Together with our independent agents, we are capitalizing on incredible momentum and potential for growth.”
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 the strongest level of risk-adjusted capitalization, a 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.
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.