“Acuity's underwriting discipline, precision pricing, and expert claims handling in personal lines consistently produce both growth and profit,” said Ben Salzmann, Acuity President and CEO. “Conning’s ranking of Acuity as a Growth and Profit Leader is further validation of the success of our strategy.”
Acuity produced a personal auto loss ratio over the past five years that was more than four points better than the industry benchmark. Conning also noted that the independent agency distribution channel is the most commonly used distribution format among the 5 top performers, including Acuity.
“Despite the millions of dollars spent by direct-writing, ‘name your price’ companies, Acuity's profitable results show the importance of the independent agent in a company’s performance,” Salzmann said. “Agents’ ability to provide front-line underwriting and risk management are essential components to pricing business accurately and keeping costs under control.”
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