American Family Life Insurance Company achieves Ward’s Top 50 designation for 16th consecutive year
Ward's 50 designation recognizes top-performing companies and affirms financial strength and stability.
American Family Life Insurance Company (AFLIC) has been named to the Ward’s 50 list, as one of the nation's top 50 performing life/health insurance companies, for the 16th year.
AFLIC is one of only seven life/health companies to be named to the Ward’s 50 list for 16 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 more than 700 life/health insurance companies domiciled in the United States and identifies the top performers. Each Ward’s 50 company has achieved outstanding financial results in the areas of safety, consistency and performance over a five-year period.
Companies selected as top performers meet several criteria, including financial stability, revenue growth, capital/surplus, net income and financial returns.
"The outstanding work of the American Family Life Insurance Company (AFLIC) team has helped secure our place on Ward’s Top 50 for an incredible 16th consecutive year,” said Todd Fancher, AFLIC president. “Our customers depend on us to be there for them when they need us most, and this Top 50 designation from Ward Group means we have the financial strength and stability to do that, today and in the future.”
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About the American Family Insurance Group
Based in Madison, Wisconsin, American Family Insurance 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 investment and creative partnerships to address societal challenges. We act on our belief in diversity and inclusion by constantly evolving to meet customer needs and preferences. American Family Insurance group is the nation’s 12th-largest property/casualty insurance group, ranking No. 301 on the Fortune 500 list. The group sells American Family-brand products, primarily through exclusive agency owners in 19 states. The American Family Insurance Group also includes CONNECT, powered by American Family Insurance, The General, Homesite and Main Street America Insurance. Across these companies the group has nearly 13,000 employees nationwide.