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Concord Group Recognized as Super Regional Insurer
Concord Group Insurance Company has been recognized by Insurance Journal as a Super Regional Insurer. Insurance Journal reported that "Super Regional insurers are critically important to the insurance industry and to their agents and insureds because they are strong, stable companies working hard for their insureds."
In general, a Super Regional Property/Casualty Insurer is an individual company writing multiple lines of insurance in multiple states. More specifically, the insurer must have at least $100 million of policyholder surplus and have net written Premium of at least $50 million as of December 31, 2009.
Demotech, the research partner for Insurance Journal reports that they expect to find Super Regional insurers like Concord Group and its customers to value long term relationships. Super Regional insurance companies like Concord Group are competing quite successfully against large national insurers. Super Regional insurers like Concord Group have management teams who are self-disciplined and apply consistent underwriting guidelines. That means financial strength and stability over the long term.
Concord Group was recognized in the May, 2010 edition of Insurance Journal.
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In business since 1928, Concord Group has consistently earned a A (Excellent) financial strength rating from A.M. Best Company, a national insurance rating organization.
Press Contact:
John M. Natale, Vice President - Marketing
1-800-852-3380 x6311
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