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Ohio Mutual on Ward's 50 for Fourth Consecutive Year

Tuesday, July 17, 2012

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Independently Recognized as One of Nation's Top 50 Insurers

 BUCYRUS, OH – For the fourth consecutive year, Ohio Mutual Insurance Group has been recognized among the nation’s top 50 insurers, according to Ward Group, one of the industry’s most respected organizations.  The honor was announced today during an on-line press conference hosted by the Cincinnati-based Ward Group.

Ward Group has conducted a detailed financial analysis of more than 3,000 property & casualty insurers domiciled in the United States for each of the past 22 years, annually identifying the industry’s top performers.  The top 50 companies are named to the “Ward’s 50® Top Performers” list for the year and awarded the “Ward’s 50” ® Seal.

“By earning this prestigious designation for a fourth consecutive year, Ohio Mutual finds itself in elite company,” said Ohio Mutual President and CEO Jim Kennedy. “Only a handful of companies in our industry make this list each year, and fewer still have done so for each of the past four years. This affirmation of the financial strength of our organization reflects the unified efforts of our associates, agents, and business partners to create a financially impregnable organization committed to and capable of keeping every promise we make.”

Today’s recognition from Ward Group aligns with the analysis of A.M. Best Co., which last month affirmed the company’s financial strength rating of “A” for the 20th consecutive year.

Each company named to the Ward’s 50® has excelled at balancing safety, consistency, and superior financial performance over the past five years, and is then benchmarked against the industry overall.  Ward Group publishes a comparative analysis each year in Ward’s Results®, an industry financial reference series, which is available from Ward Group at www.wardinc.com.

“Excellent returns and strong operating results helped make Ohio Mutual a top-performing insurance organization.  Ohio Mutual has demonstrated the ability to maintain outstanding results over the long term,” said Jeff Rieder, Partner and Head of Ward Group.

Ohio Mutual Insurance Group, founded in 1901 and based in Bucyrus, OH, partners with nearly 400 independent agencies to distribute quality property and casualty insurance products throughout Ohio, Indiana, and five states in New England. Ohio Mutual has maintained a rating of “A / Stable” from A.M. Best Co. for 20 consecutive years, and in 2009 was named Company of the Year by the nation’s largest association of independent insurance agents. Additional company information is available at www.omig.com.

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