Acuity announced that AM Best has affirmed the insurer’s Financial Strength Rating of A+ (Superior) with a Stable outlook, marking the 24th consecutive year Acuity has earned the distinction and underscoring the company’s long-term financial strength and consistency.
Acuity’s strength combines with the company’s steady growth, supported by strong capitalization, underwriting discipline, and longstanding agency partnerships. As a mutual insurance company Acuity is able to pursue long-term goals instead of short-term tactics, a strategic approach that is both future-focused and relationship-driven. Acuity’s long-term strategy has also centered on maintaining a culture the company describes as “leading with heart,” prioritizing people and community alongside performance.
In reaffirming Acuity’s rating, AM Best highlighted several areas of strength:
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Balance Sheet: Strongest level of risk-adjusted capitalization, strong liquidity, and prudent reserving practices.
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Operating Performance: Profitable long-term results supported by consistent investment income.
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Business Profile: Diversified mix of personal and commercial lines supported by broad independent agency relationships.
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Enterprise Risk Management: A comprehensive risk culture supported by scenario testing and forward-looking financial modeling.
Acuity’s rating reaffirmation also comes after a year in which the company grew revenue, assets, and policyholders’ surplus to record levels while achieving profitable underwriting results. The company’s financial performance reflects ongoing initiatives aimed at building a solid market foundation, sustaining pricing adequacy, and strengthening agency relationships. Acuity also maintains an A+ Financial Strength Rating from Standard & Poor’s Global Ratings, placing the insurer among a select group of carriers nationally with dual superior financial strength ratings.
About Acuity Insurance
Acuity Insurance is a leading provider of insurance solutions, delivering exceptional coverage and customer service to individuals and businesses in over 30 states. With over $3 billion in annual written premium, the insurer manages assets exceeding $8.5 billion. Headquartered in Sheboygan, Wisconsin, Acuity employs nearly 1,900 people.