According to A.M. Best, "IIC's historically solid operating profitability and resulting excellent capital position reflect its experienced management team, conservative operating strategies, established agency relationships, and local underwriting expertise within the Texas marketplace."
The Excellent rating is assigned to companies which have, on balance, excellent financial strength, operating performance and market profile. In the opinion of the A.M. Best Company, these companies have a strong ability to meet their ongoing insurance obligations.
In response to the reaffirmed rating, CEO Dave Talbert reiterated, "Insurors Indemnity Companies' strategy continues to be one of consistent, long-term growth through sound underwriting practices, conservative investment practices and superior service to policyholders and agents. We are pleased to again receive external affirmation of our solid plan for continued success."
For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com.
A.M. Best is a leading, worldwide recognized independent rating agency which reports on the financial strength of insurance companies.