SWBC celebrates scores achievements for P&C, reinsurance arms


SWBC celebrates scores achievements for P&C, reinsurance arms | Insurance coverage Enterprise America

Co-founder reiterates dedication to “excellence and resilience”

SWBC celebrates ratings achievements for P&C, reinsurance arms

Insurance coverage Information

Kenneth Araullo

Following glorious scores for each its P&C and reinsurance arms, SWBC has underscored its monetary energy inside the sector because it marked a milestone.

Charlie Amato (pictured above), co-founder and chairman of SWBC, mirrored on the corporate’s journey and these new achievements, a end result of a nearly-50-year journey.

“Though the worldwide panorama has introduced challenges, we stay devoted to excellence and resilience,” Amato mentioned. “This steadfast devotion has earned the belief and confidence of our shoppers, making us stronger than ever. It’s proof of our dedication to offering our shoppers the very best service and monetary safety.”

Gary Dudley, SWBC’s co-founder and president, additionally emphasised the significance of shopper satisfaction and belief within the firm’s success technique.

“In a world the place choices abound, being the very best match for our shoppers isn’t simply a bonus – it’s crucial. By prioritizing their satisfaction and incomes their belief, we solidify our place because the go-to companion for his or her wants, now and sooner or later,” Dudley mentioned.

Wonderful preliminary scores for each companies

The agency’s SWBC Property and Casualty Insurance coverage Firm and SWBC RE segments have each been awarded an preliminary A- (Wonderful) score by AM Greatest, which the credit score company attributes on sustaining monetary stability.

The awarded scores additionally mirror SWBC’s sturdy steadiness sheet, satisfactory danger administration methods, and different key efficiency indicators.

“We’re thrilled that two extra of our insurance coverage firms, SWBC Property and Casualty Insurance coverage Firm and SWBC RE, Ltd., have acquired an A- (Wonderful) score, complementing the present AM Greatest A- score held by SWBC Life. Our monetary energy score emphasizes our allegiance and trustworthiness as a dependable companion for our shoppers,” SWBC Property & Casualty Insurance coverage Firm president and CEO Joan Cleveland mentioned.

“On the coronary heart of SWBC’s success lies a deep-rooted custom of reliability and excellence,” Jim Pangburn, CEO of SWBC RE, added. “This custom is upheld by our management, who’re devoted to preserving our legacy of economic energy. As we transfer ahead, our focus stays on embracing innovation, of which we will all be proud.”

SWBC Property and Casualty makes a speciality of creating bespoke fee safety applications for monetary establishments and auto dealerships. SWBC RE, alternatively, operates as a reinsurer of debt cancellation applications and is now set to broaden its reinsurance choices.

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