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Acuity Receives STAR Award for Sixth Consecutive Year
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June 3, 2019

Acuity earned a 2019 Stakeholder Team Accomplishment Recognition™ (STAR) award from Demotech, Inc., putting the company among the top 1 percent of insurers nationwide. Acuity is one of only two companies to earn a STAR award in each of the last six years.

 

"In a competitive, regulated industry subjected to a variety of economic influences, Acuity’s consistent ability to meet the objective financial standards associated with our criteria underlying Demotech’s STAR award is a tribute to management and the enterprise risk management practices Acuity has put in place. We congratulate Acuity on the incredibly rare feat of earning the STAR award in six out of the seven years since the award’s inception,” said Joe Petrelli, Demotech Co-Founder and President.

 

The Demotech STAR award recognizes insurers whose performance benefits all stakeholders, including agents, customers, employees, consumers, regulators, and reinsurers. Acuity was honored with a STAR award for exceeding performance criteria and maintaining outstanding financial strength and stability, profitability, claim handling, and compensation to employees and agents. Nationwide, only 27 of nearly 3,000 property-casualty carriers evaluated qualified for a STAR award for 2019.

 

“Acuity’s consistent performance benefits everyone who depends on us and reflects our commitment to our employees, agents, and customers,” said Ben Salzmann, Acuity President and CEO. “We can all be proud of performing among the top 1 percent of companies and being one of only two companies to earn a Demotech STAR award for six straight years.”

 

Demotech, Inc. is an independent financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing accurate and proven Financial Stability Ratings® (FSRs) for Property and Casualty insurance companies of all sizes.


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