News

March 05, 2015

Companion Life Earns Industry’s ‘A+’ Financial Rating for 13th Year

COLUMBIA, S.C. – Companion Life Insurance Co. has received a financial strength rating of A+ for the 13th consecutive year and a rating outlook of “stable” from A.M. Best Co.

“We’re proud to again receive the A+ rating as an indication of our solid financial position and our commitment to sound business practices,” Companion Life President Trescott Hinton said. “This favorable rating is yet another reason our policyholders and marketing partners can confidently look to us to provide quality insurance products and a high level of service.”

Hinton said the latest rating and outlook place the Columbia, S.C.-based company at the top of its industry.

According to a February 2015 A.M. Best report based on 2014 performance, the ratings for Companion Life reflect the company’s premium growth, geographic expansion, consistently positive operating and net income results, and strong capitalization.

For more information on A.M. Best's ratings, an overview of its rating process and rating methods, visit: www.ambest.com/ratings.

About Companion Life

Headquartered in Columbia, S.C., Companion Life (www.CompanionLife.com) has specialized in employee benefits since 1971. The company markets life, dental, disability, accident and specialty health insurance products through a network of independent agents and brokers, general agents and managing general underwriters. Companion Life markets its products and services in 46 states and the District of Columbia.

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