Frankenmuth Insurance is pleased to announce that the company has once again been named a Ward’s 50® Top Performer for 2019. This coveted placement is based on our company’s outstanding results from the previous five years. To earn a spot on the list, we were judged to be among the top 2 percent of property-casualty insurance companies in terms of financial performance.
The company has now received this honor three years in a row, and for the 17th time overall. Frankenmuth Insurance was previously included in the Ward’s 50 from 1991 (the first year Ward conducted the analysis) through 2000, and again from 2003 through 2006. Ward Group, a part of AON Hewitt, is the leader of benchmarking and best practice services for the insurance industry and has been conducting this analysis for the past 29 years.
Coupled with our “A” (Excellent) rating from A.M. Best, this accolade validates the strength, stability and reliability of our company. For our policyholders, it also ensures peace of mind knowing we will be here when you need us most.
“We are thrilled to be recognized among the most financially stable and consistent insurance companies in the nation for the third consecutive year,” said John S. Benson, Chairman of the Board and Chief Executive Officer. “This incredible honor was made possible by our dedicated team of employees and professional independent agency partners who work hard each day to make Frankenmuth Insurance the insurer of choice.”
The honor is awarded to Frankenmuth Mutual Insurance Company and its property and casualty insurance subsidiaries: Ansur America Insurance Company, Patriot Insurance Company, ASure Worldwide Insurance Company and Fortuity Insurance Company.