American Family Life Insurance Company named to Ward Group's Top 50 list for eighth straight year
The Life Company makes Ward Group's Top 50 list for eighth straight year
Madison, Wis. (August 12, 2015) - For the eighth consecutive year, American Family Life Insurance Company (AFLIC) has been recognized by Ward Group as one of the nation's top 50 performing life/health insurance companies. Only nine life/health insurers have been named to Ward's list for eight or more consecutive years, and AFLIC is one of them.
Ward is a consulting firm that helps insurance companies optimize performance and improve profitability by providing operational and compensation benchmarking and best-practices.
Ward Group evaluates the safety, consistency and financial performance of nearly 800 life/health insurers based in the United States to develop its list of the top 50. Ward analyzes data submitted by companies such as AFLIC over a five-year period, in this case 2010 through 2014.
Criteria for selecting a top performer include financial stability, revenue growth, capital/surplus, net income and financial returns.
"It's an honor and a tremendous achievement to again be named to this respected list and for the eighth straight year," says AFLIC President Todd Fancher. "We know this recognition is important to customers who want reassurance that we're financially strong and able to protect and restore the dreams of families after loved ones have passed away."
Madison, Wis. - based American Family Insurance is the nation's third-largest mutual property/casualty insurance company and ranks 358th on the Fortune 500 list. The company sells American Family-brand products, including auto, homeowners, life, business and farm/ranch insurance, through its exclusive agents in 19 states. American Family affiliates (The General, Homesite and AssureStart) also provide options for consumers who want to manage their insurance matters directly over the Internet or by phone. Web www.amfam.com; Facebook www.facebook.com/amfam; Twitter www.twitter.com/amfam; Google+ plus.google.com/+amfam/.