19 years and counting … American Family Life Insurance Company recognized again with Ward’s Top 50 designation
American Family Life Insurance Company’s ongoing commitment to excellence has landed them a place on Ward’s Top 50 for another year.
American Family Life Insurance Company (AFLIC) has been named to the Ward’s Top 50 list, as one of the nation's top 50 performing life/health insurance companies, for the 19th consecutive year.
AFLIC is one of only seven life/health companies to be named to the Ward’s Top 50 list for 19 consecutive years.
Ward Group is a consulting firm that helps insurance companies optimize performance and improve profitability by providing operational and compensation benchmarking and best practices.
Each year, Ward Group analyzes the financial performance of nearly 700 life/health insurance companies domiciled in the United States and identifies the top performers. Each Ward’s 50 company, including AFLIC, has achieved outstanding financial results in the areas of safety, consistency and performance over a five-year period.
To earn the Ward's 50 designation and be recognized as a top performer, insurance companies must demonstrate financial stability and meet specific performance criteria. These include maintaining a robust capital position, achieving revenue growth and delivering strong underwriting results. Companies are also evaluated based on their ability to surpass minimum thresholds in areas such as capital/surplus, net income and financial returns.
"Our customers depend on us for the peace of mind life insurance brings and to trust we’ll be there for them when we’re needed most,” said Todd Fancher, American Family Life Insurance Company president. “The commitment to quality, performance and financial stability our life organization demonstrates every day has been recognized by Ward’s for the 19th year in a row and reaffirms that deep commitment we make to our customers.”
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About American Family Insurance
American Family Insurance based in Madison, Wis., has been serving customers since 1927. We inspire, protect and restore dreams through our insurance products, exceptional service from our agency owners and employees, community investments and creative partnerships. American Family Insurance is the nation’s 12th-largest property/casualty insurance company, ranking No. 226 on the Fortune 500 list. American Family has a current ‘a+’ credit rating through AM Best, and has distinction as a “Standing the Test of Time” company, which is represented by having an AM Best financial strength rating of ‘A’ or better for at least 75 years. The company offers American Family-brand products through a network of exclusive agency owners as well as nationwide through key strategic partnerships. American Family Insurance also includes Homesite and Main Street America Insurance. The company has approximately 10,500 employees nationwide[JM1] .
Life insurance underwritten by American Family Life Insurance Company, 6000 American Parkway, Madison, WI 53783. American Family Life Insurance Company has an AM Best financial strength rating of ‘A’ (Excellent), the third highest of their 13 ratings; and an ‘a+’ (Excellent) long-term issuer credit rating, the fifth highest of their 21 ratings.