ProAssurance Named a Ward’s 50 Company for the Thirteenth Consecutive Year
July 17, 2019by
ProAssurance Corp. has been named to the Ward’s 50 for 2019. This is the thirteenth-consecutive year the Ward Group has recognized ProAssurance as one of America’s fifty top performing property-casualty insurance companies.
To be included in the Ward’s 50, companies are subject to a rigorous evaluation process that includes financial performance, asset quality and capital position, revenue growth, underwriting results, financial returns and operational excellence.
“Being named to the Ward’s 50 for the thirteenth consecutive year is an accomplishment that highlights the success of our long-term strategy, emphasizing the unrivaled protection and security we offer our customers," said Ned Rand, ProAssurance’s president and chief executive officer. "It is a testament to our employees and distribution partners that we have extended our Ward’s run despite the challenging insurance marketplace in which we operate, made possible by their unyielding dedication to our promise of ‘Treated Fairly’.”
“We recognize ProAssurance for outstanding financial results in the areas of safety, consistency and performance over a five-year period,” said Jeff Rieder, partner and head of Ward Group. “In selecting the Ward’s 50, we analyze the financial performance of nearly 3,000 property-casualty insurance companies, identifying the 50 companies that pass financial stability requirements and demonstrate the ability to grow while maintaining strong capital positions and underwriting results.”