Over the years, the company changed its name—to Heritage Insurance and, in 2001, to Acuity—and also became a leading regional insurer. Today, Acuity writes personal and commercial insurance in 24 states and manages over $3.5 billion in assets.
In particular, the past 16 years at ACUITY has seen a remarkable transformation, beginning with the company’s corporate culture. “We’ve undergone a cultural metamorphosis, transforming from a rigid workplace that suffered 28 percent annual turnover prior to 2000 into one of the best companies to work for anywhere,” said Ben Salzmann, Acuity President and CEO. Acuity is the #3 large company to work for in the nation.
ACUITY’s cultural renaissance has contributed to its financial success. Year after year, Acuity has outperformed the industry, and the company did so again in 2014, growing its revenue 10.6 percent while recording a combined ratio of just 94.9.
In its 90th year in business, Acuity has grown to become the 61st largest property-casualty insurer in the nation, setting all-time company records for written premium, policyholders’ surplus, and assets under management. Acuity was recently named to the list of Super Regional P&C Insurers and has been named to the Ward’s 50 Benchmark Group of top-performing insurance companies for 16 consecutive years, putting Acuity in the top 2 percent of insurers nationwide.
Acuity's achievements over its first 90 years in business position the company well for continued growth and success. “We’ve become a leading regional insurer by recruiting and retaining top employees and agents and providing them the best technology the industry has to offer,” Salzmann said. “We are poised operationally, strategically, and financially to create a successful future for all our stakeholders—agents, policyholders, and employees. Acuity is a company that people can rely on, year after year.”
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