For Immediate Release
July 12, 2021
Media Contact: Thomas Thamm
MONTPELIER, Vermont (July 13, 2021)—Vermont Mutual Insurance Group® has again been recognized as one of the top 50 property and casualty insurers in the United States by Ward Group. This is the thirteenth consecutive year Vermont Mutual has been recognized 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” designation 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 “The Ward 50 designation is one that is coveted in our industry. It speaks not only to an insurer’s financial acumen and stability, but also to the dedication and expertise required of a company's employees to achieve such extraordinary results. This recognition stands as confirmation of Vermont Mutual's commitment to remaining the stable, predictable, and competent partner our policyholders and our independent agents have relied on for 194 years."
“To find ourselves in the top 2% of insurance companies nationally is an accomplishment we could not be more proud of" remarked Mark McDonnell, Vermont Mutual’s Executive Vice President and COO. "It is a distinction that is due, in no small part, to the strong partnerships we have developed with our independent agents and to the hard work of the entire Vermont Mutual team, all of whom remain dedicated to producing exceptional results year after year.”
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 financial results and passed all safety and consistency screens. As a recipient of the Ward’s 50 designation for thirteen consecutive years, Vermont Mutual has again affirmed its position as a leading provider of homeowner, automobile 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 thirteen consecutive years.