AM Best Reaffirms “A” (Excellent) Rating for Amerisure Insurance

PRESS RELEASE For Immediate Release

Media Contact: Marilyn Banes
Marketing & Advertising Manager
248-426-7914| mbanes@amerisure.com

AM Best A Excellent Rating

Farmington Hills, Mich., March 28, 2025 — Amerisure is proud to announce it has received a reaffirmed rating of A (Excellent) with a stable outlook by AM Best, the global credit rating agency with a unique focus on the insurance industry. This rating reflects Amerisure’s strong ability to meet its ongoing insurance obligations and underscores financial stability.

Amerisure’s robust balance sheet, surplus growth, and sound business profile served as key factors in the reaffirmation decision. The AM Best agency also recognized Amerisure’s “significant local and niche market experience” as instrumental to its longstanding success. The company has maintained its A (Excellent) rating for more than 25 years.

“We are pleased that AM Best has reaffirmed our A (Excellent) rating and stable outlook as an organization,” said Chris Spaude, Chief Financial Officer and Treasurer at Amerisure. “This recognition reflects our continued focus on financial strength and disciplined growth, as well as our unwavering commitment to delivering exceptional service to our agency partners and policyholders.”

Each year, AM Best evaluates more than 16,000 insurance companies worldwide, assessing creditworthiness and financial stability. For more details and current rating structures, visit ambest.com.

 

About AM Best

Founded in 1899, AM Best is the world’s first credit rating agency and the largest specializing in the insurance industry. What began as a one-room office in New York City has grown into a globally recognized authority on insurer creditworthiness. AM Best’s credit ratings provide forward-looking, independent, and objective assessments of insurers, issuers, and financial obligations.

About Amerisure Insurance

Amerisure is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an “A” (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. Amerisure has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit amerisure.com.

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