BUCYRUS, OH – For the sixth time in eleven years, Ohio Mutual Insurance Group has been recognized among the nation’s top 50 insurers, honored as a member of the prestigious “Ward’s 50,” as announced today by Aon.
For each of the past 29 years, Aon’s Ward benchmarking has conducted a detailed financial analysis of nearly 3,000 property & casualty insurers domiciled in the United States, 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.
“Ohio Mutual is proud to count itself once again as a member of the Ward’s 50 this year,” said Ohio Mutual President and CEO Mark C. Russell.
“Our peers on this list represent the best insurers in the country, and we are pleased to share this honor with them.”
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.
“We recognize Ohio Mutual for outstanding financial results in the areas of safety, consistency, and performance over a five-year period,” said Jeff Rieder, partner and head of Ward benchmarking at Aon. “In selecting the Ward’s 50, we analyze the financial performance of nearly 3,000 property-casualty insurance companies, identifying the 50 companies that pass financial stability requirements and demonstrate the ability to grow while maintaining strong capital positions and underwriting results.”
In addition to today’s recognition from Aon’s Ward benchmarking, Ohio Mutual also recently achieved a highest-ever ranking of #183 among the nation’s Top 200 Writers of property & casualty insurers, following the company’s double-digit growth in 2018, as calculated by national insurance rating service A.M. Best.
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 Connecticut, Indiana, Maine, New Hampshire, Ohio, Rhode Island, and Vermont. Ohio Mutual has maintained a rating of “A / Stable” from A.M. Best Co. for 27 consecutive years, and has been named to the Ward’s 50® six times since 2009. Additional company information is available at www.omig.com.
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Editor’s Note: For a complete list of the 2019 Ward’s 50 companies, go to ward.aon.com/ward-benchmarking/wards50.