Originally published by the Stevens Point Journal
Sentry rated A+ for 25 years in a row
Sentry Insurance is once again rated as one of the strongest mutual insurance companies in the United States. For the 25th straight year, A.M. Best, the leading insurance company rating agency, has rated Sentry A+ (Superior).
When determining financial strength A.M. Best looks at prior year results, along with the next year’s forecast. It takes into account the strategic focus of a company, and whether or not they have achieved their stated goals.
In reaffirming the A+ rating, A.M. Best points to Sentry’s sustained operating earnings, diversified product offerings, strong risk management culture, and depth of management experience and expertise. Additionally, it notes Sentry’s improved underwriting efforts during the past five years.
“I am extremely pleased that Sentry’s management and associates carry on the legacy of Sentry retirees in building a company that continues to grow and demonstrate exceptional financial stewardship,” said Pete McPartland, Sentry chairman of the board, president and CEO. “We are most fortunate to be headquartered in Central Wisconsin, which provides a fertile field for recruiting talent and a great place to live and raise a family.”
The ranking is a great benchmark for companies looking to purchase insurance. “They want to know their insurance company is able to pay their claims, if the worst happens to their business,” said Dewey Gantz, Sentry’s chief financial officer. “Additionally, when businesses seek capital to grow, banks often require their insurer have a high A.M. Best rating.”
A third reason for insuring with a highly-rated company is customers who bid on construction jobs, or contract with a national supplier, often find more open doors when backed by a strong insurer.
A.M. Best, based in Oldwick, New Jersey, is recognized as the insurance industry’s leading rating authority.
Sterling Water Culligan receives pair of top 25 awards
Culligan International, world leader in water treatment technologies, recently awarded two Sterling Water Culligan dealerships with Top 25 Awards for revenue excellence in 2015.
Sterling Water Culligan in Eau Claire and in Rothschild, both local water experts, accepted the award at Culligan’s 80th Anniversary Bash in Huntington Beach, California, April 23-27.
“We are so excited for the opportunity to accept not one, but two top dealer awards,” said Bret Tangley, President of Sterling Water Culligan. “The recognition epitomizes our commitment to serving our communities, as well as our pride in representing the Culligan name.”