Financial Strength & Rating

PURE has earned a Financial Strength Rating of A- (Excellent) from A.M Best.

From the press release issued by A.M. Best on August 6, 2008:

"A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of "a-" to The PURE Group of Insurance Companies (PURE) and its members: Privilege Underwriters Reciprocal Exchange and PURE Insurance Company. All companies are domiciled in Fort Lauderdale, FL. The outlook for the ratings is stable.

The ratings reflect PURE's solid risk-adjusted capitalization, moderate operating leverage measures currently maintained and anticipated in its business plan, prudent reinsurance programs and management's previous successful history in the niche of high net worth personal lines clients. The ratings also contemplate the additional financial flexibility afforded PURE through its parent company with multiple investor sources, as well as the growing positive impact of surplus contributions from PURE subscribers..."

Click a title below (or in the left navigation) to learn more about PURE's unique approach to building surplus.