Acuity reports revenue record

Nearly $1.4 billion in 2016

Acuity headquarters
Acuity corporate headquarters in Sheboygan.
Acuity headquarters
Acuity corporate headquarters in Sheboygan.

Sheboygan-based property and casualty insurer Acuity announced today that it had $1.38 billion in revenue in 2016, a record for the company.

The company also said it gained more than $46 million in total written premium in 2016.

Salzmann
Salzmann

“For the past 17 years, Acuity has consistently grown faster than the insurance industry,” said Acuity president and CEO Ben Salzmann. “Over the past six years alone, we have added $600 million to top-line revenue.”

It was the 20th consecutive year of premium increase in personal lines for the company.

Acuity also said it had a record $1 billion in written premium in commercial lines in 2016.

“Acuity’s financial success in 2016 is a tribute to the partnership between our dedicated staff and trusted agency force and the faith of our mutual customers,” said Wally Waldhart, vice president – sales and communications. “We are thankful to everyone who helped us achieve another record-setting year, and we look forward to continued success in 2017.”

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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