VermontBiz Vermont Mutual Insurance Group® has been named a Ward’s 50® top-performing U.S. property-casualty insurer for the 18th consecutive year, placing the Vermont-based insurer among the top 2% of approximately 3,000 insurers evaluated nationwide. The annual recognition from Ward Group, an Aon company and respected insurance benchmarking organization, reflects Vermont Mutual’s sustained financial strength, operating performance and consistency.
Each year, Ward Group identifies the industry’s top insurance companies through a comprehensive financial analysis of approximately 3,000 U.S. property and casualty insurers. The Ward’s 50 recognizes insurers that demonstrate consistency, safety and outstanding financial performance over a five-year period.
Mark McDonnell, Vermont Mutual’s Chair, President and CEO, said, “For nearly 200 years, Vermont Mutual has protected policyholders from financial loss. The Ward’s 50 recognition reflects the exceptional financial results required to reliably fulfill that promise, as well as the hard work and expertise of our employees and the strong relationships we enjoy with our agency partners. It is thanks to their combined efforts that we have earned this distinction for 18 consecutive years.”
Vermont Mutual Executive Vice President and COO, Brody Gilbert, remarked, “Achieving superior financial results is no small accomplishment. It requires strong planning, execution and the dedication of our employees, agency partners and business partners. We are grateful for their continued efforts in helping Vermont Mutual receive this important and much-appreciated recognition.”
Companies recognized by Ward Group have passed all safety and consistency screens and achieved superior performance over a five-year period. As a Ward’s 50 recipient for 18 consecutive years, Vermont Mutual has once again affirmed its position as a leading provider of homeowners, automobile and business insurance in the Northeast.
Vermont Mutual Insurance Group® is a trade name of Vermont Mutual Insurance Company, Northern Security Insurance Company, Inc., and Granite Security Insurance Company. Chartered in 1828, Vermont Mutual is one of the 10 oldest mutual property-casualty insurers in the United States and provides coverage throughout New England and upstate New York. Through more than 600 independent agencies, the Group insures 320,000 policyholders, with direct written premium of $860 million. The Group is rated “A Excellent” by A.M. Best and has been named a Ward’s 50® top-performing U.S. property-casualty insurer for 18 consecutive years. For more information, visit VermontMutual.com.
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