by Frankenmuth Insurance | Jun 22, 2023 | Honors and Awards, General / News
For 47 years running, Frankenmuth Insurance has earned an A rating or higher from AM Best ─ the most widely recognized provider of ratings and financial data in the insurance industry. In AM Best’s latest review, Best assigned a Financial Strength Rating of A (Excellent) and a long-term Issuer Credit Rating of a+ to Frankenmuth Insurance.
These high ratings represent Best’s assessment of Frankenmuth Insurance Company and our property and casualty insurance subsidiaries: Ansur America Insurance Company, ASure Worldwide Insurance Company, Fortuity Insurance Company, and Patriot Insurance Company.
Patriot Life Insurance Company, also a subsidiary of Frankenmuth Insurance, was separately evaluated and received a Financial Strength Rating of A (Excellent) and a long-term Issuer Credit Rating of a. Both ratings were affirmed with stable outlooks.
Our core purpose as a company is to provide peace of mind to our policyholders. These “Excellent” ratings demonstrate our commitment to being an insurer you can trust and one that has the financial means to deliver on our promises to restore lives, rebuild properties, and help sustain businesses following a loss.
For the latest Best’s Credit Rating, access www.ambest.com.
