For Immediate Release
July 22, 2019
Media Contact: Thomas Thamm
MONTPELIER, Vermont (July 22, 2019)—Ward Group, an Aon Hewitt company, has again recognized Vermont Mutual Insurance Group® as one of the top 50 property and casualty insurers in the United States. This is the eleventh consecutive year Ward Group has affirmed Vermont Mutual’s place as a “Ward’s 50®” insurer. Every year, Ward Group conducts a comprehensive financial analysis of approximately 3,000 U.S. property and casualty insurers. The “Ward’s 50” identifies the top 50 P&C carriers in the U.S. for their consistency, safety and superior financial performance.
Dan Bridge, Chairman, President & CEO of Vermont Mutual, stated “We are in an industry that continues to evolve and increase in complexity. To excel at the level that places us in the top 2% of insurance companies nationally, and to do so for more than a decade, is an accomplishment we’re very proud of and one that aligns well with what our agency partners and policyholders should expect from an insurance carrier. But we’re not ready to rest on our accomplishments. We remain committed to investing in our business and leveraging opportunities that will allow us to continue to produce best in class results for years to come.”
Vermont Mutual Executive Vice President and COO, Mark McDonnell, added “This recognition by Ward Group could not have been achieved without the hard work and dedication of the entire Vermont Mutual team and the expert service and support provided by our Independent Agency Partners. It’s thanks to them that we continue to produce the exceptional results that garner recognition like this from Ward Group.”
Every company recognized by Ward Group as a Top 50 Insurer has demonstrated superior performance based on a comprehensive examination of the past five years of operation and passed all safety and consistency screens. This is the 29th year Ward Group has conducted the analysis. As a recipient of the Ward’s 50 designation for eleven consecutive years, Vermont Mutual has again affirmed its position as a leading provider of automobile, homeowner and business insurance in the Northeast, and ranks their performance in the top tier of all companies nationwide since 2009.
Vermont Mutual Insurance Group® is a trade name of Vermont Mutual Insurance Company, Northern Security Insurance Company, Inc. and Granite Mutual Insurance Company. Chartered in 1828, Vermont Mutual is one of the ten oldest mutual property/casualty insurers in the United States and provides coverage throughout New England and upstate New York. Through more than 400 independent agencies, the Group insures over 300,000 policyholders with a direct written premium of more than $500,000,000. The group is rated “A+ Superior” by A. M. Best and a Ward’s Top 50 performing property/casualty insurer in the U.S. for the past ten consecutive years.