Farmington Hills, Mich., March 22, 2023 β Credit rating agency AM Best has once again reaffirmed the financial strength of ΜΗΠΔ΄«Γ½ Companies as A (Excellent) with a stable outlook. According to AM Best, the rating represents the companyβs excellent ability to meet its ongoing insurance obligations.
ΜΗΠΔ΄«Γ½ has now received the rating, based on balance sheet strength, operating performance and business profile, for more than 20 years. The AM Best rating service assesses creditworthiness and reports on more than 16,000 insurance companies worldwide, according to the company.
βWe are committed to profitable growth and exceptional service for our agency customers and policyholders, underscored by our financial strength and One ΜΗΠΔ΄«Γ½ service model,β said ΜΗΠΔ΄«Γ½βs chief financial officer & treasurer, Chris Spaude. βThe A (Excellent) rating from AM Best reaffirms our unwavering commitment to being an industry-leading specialist, transforming the insurance experience one partnership at a time.β
For more details regarding AM Best and its current rating structure for companies, .
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About AM Best
Founded in 1899, AM Best is the world’s first credit rating agency. It began with the founder working out of a one-room office in New York City and grew to become what is now the largest credit rating agency in the world specializing in the insurance industry. AM Best’s Credit Rating is a forward-looking, independent, and objective opinion regarding an insurer’s, issuer’s, or financial obligation’s relative creditworthiness.
About ΜΗΠΔ΄«Γ½ Insurance
ΜΗΠΔ΄«Γ½ is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an βAβ (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. ΜΗΠΔ΄«Γ½ has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit amerisure.com.
