Acuity has been named to the 2020 Ward’s 50 list of top-performing property-casualty companies, putting the company in the top 2 percent of insurers nationwide. Acuity has earned a spot on the Ward’s 50 every year since 2000, making the company one of only four insurers, and the only regional carrier, to be named to the list for 21 consecutive years. Ward Group is the leading provider of benchmarking and best practices studies for insurance companies.
“We recognize Acuity for outstanding financial results in the areas of safety, consistency, and performance over a five-year period,” said Jeff Rieder, partner and head of Ward Group. “In selecting the Ward’s 50, we analyze the financial performance of nearly 2,900 property-casualty insurance companies, identifying the 50 companies that pass financial stability requirements and demonstrate the ability to grow while maintaining strong capital positions and underwriting results.”
“Strength, stability, and consistency in an insurance company have never been more important than today,” said Ben Salzmann, Acuity President and CEO. “We are honored to be recognized by Ward Group for 21 consecutive years as a top performer, which demonstrates our ability to fulfill our promises
to customers and grow our business.”
Acuity continues to outperform the industry. Over the past 21 years, the insurer’s rate of sales and surplus growth have been more than double the industry average. Acuity’s combined ratio, nearly 4 points better than the industry average in 2019, has been under 100 for nine consecutive years.
Acuity Insurance, headquartered in Sheboygan, Wisconsin, insures over 100,000 businesses, including 300,000 commercial vehicles, and nearly a half million homes and private passenger autos across 28 states. Rated A+ by A.M. Best and S&P, Acuity employs over 1,400 people.