Erie Insurance Named in 2009 Ward’s 50 Top Performing Insurance Companies
The Ward’s 50 award analyzes the financial performance of 3,000 property and casualty companies and 800 life-health insurance companies and recognizes the top performers for achieving outstanding financial results in safety and consistency over a five-year period (2004-2008).
“This is a significant recognition for our property and casualty business. It affirms our commitment to a strong balance sheet and an operating model that allows us to meet our customers’ needs,” said
The Ward’s 50 analysis provides a detailed look at what makes a top performing insurance company. It highlights these companies as excelling at balancing expense management, technology deployment and customer service. A top performer must meet a five-year consecutive operating history and follow a detailed list of financial criteria and metrics.
Ward is a consulting firm specializing in the insurance industry and leading provider of industry benchmarking and best practices services. For more information on the Ward’s 50 Group of top performing companies, see Ward’s Web site at www.wardinc.com.
The recognition follows Erie Insurance recently moving up three spots from 21 to 18 on A.M. Best’s top 200 Property/Casualty Groups ranked by 2008 net premiums written. A.M. Best Company also affirmed the financial strength rating of A+ (Superior) of the Erie Insurance Group and its property/casualty members, Erie Insurance Exchange, Erie Insurance Company, Erie Insurance Company of
According to A.M. Best Company, Erie Insurance Group, based in
To learn more, visit www.erieinsurance.com.
SOURCE Erie Insurance