APPLETON, WI (May 30, 2018) — Integrity Insurance remains a financially strong and stable company, according to A.M. Best. The global credit rating agency, which focuses on the insurance industry, recently affirmed Integrity Mutual Insurance Company and its subsidiaries, in conjunction with affiliate partner Grange Insurance Company, a financial strength rating (FSR) of “A” (Excellent) with a stable outlook. The FSR is the most important component of A.M. Best’s rating because it indicates a company’s ability to pay its policyholders’ claims.
In addition, Integrity’s Issuer Credit Rating (ICR) remains an “a+” (Excellent) with a stable outlook. This rating indicates an excellent ability to meet ongoing senior financial obligations and places Integrity among the top tier of insurance companies nationally.
“We’re delighted with this continued acknowledgement by A.M. Best,” said Integrity President Jill Wagner Kelly. “Our financial strength demonstrates our steadfast commitment to ensure the stability to uphold the promises we make to customers every day. It also validates our operational performance and communicates to agency partners and customers our strong and lasting commitment in the marketplace.”
In its review, A.M. Best noted Integrity’s strong balance sheet, consistent operating performance and dedicated enterprise risk management team as contributing factors to the company’s stable outlook.
Integrity has received an “A” financial strength rating from A.M. Best for the past 16 years. This financial strength is a critical consideration when it comes to purchasing insurance.