BRADENTON, Florida., August 18, 2022 /PRNewswire/ — CEO of SUNZ Insurance Steve F. Herrig today announced that AM Best has affirmed a financial strength rating of “A-” (Excellent) and a long-term credit rating of “a-” (Excellent) to SUNZ Insurance Company. The outlook for these Credit Ratings (ratings) is stable.
The ratings reflect SUNZ Insurance Company’s balance sheet strength, operating performance, business profile and enterprise risk management. The rating actions are confirmed amid SUNZ’s footprint expansion to 42 states and offer personalized workers’ compensation insurance coverage nationwide through its fronting partnership. SUNZ continues to maintain its position as a leading provider of high-deductible workers’ compensation coverage, specializing in PEO and recruitment companies, transportation and other large employers.
For more information about SUNZ Insurance, please visit www.sunzinsurance.com.
About SUNZ Insurance
SUNZ Insurance is a national workers’ compensation insurance company headquartered in Bradenton, Florida and develops unique workers’ compensation programs that provide innovative, personalized solutions to protect businesses and their employees. SUNZ understands its customers’ need for fluidity, offering workers’ compensation insurance options that don’t start and end with the printed policy. SUNZ believes that a safe work environment and a healthy workforce are the foundation of a successful business.
About AM Best
Founded in 1899, AM Best is the world’s leading credit rating agency. It all started with the founder working in a one-room office in New York City and grew to become what is today the world’s largest credit rating agency specializing in the insurance industry. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Based at United Statesthe company does business in more than 100 countries with regional offices in London, amsterdam, dubai, hong kong, Singaporeand Mexico City. For more information, visit www.ambest.com.
SOURCE SUNZ Insurance