“Ward Group recognizes Acuity for achieving outstanding financial results in the areas of safety, consistency, and performance,” said Jeffrey J. Rieder, Partner and Head of Ward Group. “From 2010 through 2014, Acuity demonstrated its ability to consistently generate outstanding results.”
“It's immensely gratifying to be recognized as one of the top performers, out of more than 3,000 insurers nationwide, for 16 straight years," said Ben Salzmann, Acuity President and CEO. "Being part of the Ward's 50 is a remarkable testament to our operational consistency, stability, and efficiency. It is also an important measure of strength to our employees, our independent agents, and the individuals, families, and businesses who count on us to protect their financial well-being.”
To develop its annual list of the 50 top-performing insurance companies, Ward Group analyzes the financial performance of over 3,000 property-casualty insurance companies domiciled in the United States based on objective data and quality measures. Top performers have passed all safety and consistency tests and achieved superior performance over a five-year period.
Acuity's first inclusion on the Ward's 50 in 2000 marked the beginning of an uninterrupted period of growth, profitability, and consistency of performance that is unparalleled in the insurer's 90-year history. 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.
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