WEST BEND, WI (July 11, 2022) – West Bend Mutual Insurance Company has placed in the Ward's 50 group of top-performing property and casualty insurers for 2022. The recently released list includes the best industry performers of nearly 3,000 U.S.-domiciled companies. West Bend is recognized for its outstanding financial results in the areas of safety, consistency, and performance over a five-year period (2017-2021). It is the eighth consecutive year the company has been included on this list.
The Ward Group's methodology evaluates key safety and consistency measurements and performance tests. Ward's 50 identifies companies that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results. To be awarded the designation on the 2022 list, insurance companies must pass minimum thresholds of performance.
"Being included again in the Ward's 50 list of top property and casualty insurers in the U.S. is a great honor for us," stated Kevin Steiner, president and CEO. "I extend my thanks to our associates for their outstanding performance and to the independent agents who represent West Bend Mutual Insurance Company, who are why we've achieved this success."