Frankenmuth Insurance Named to National List Again 2006
Frankenmuth Insurance Company was named for the thirteenth time in fifteen years to the Ward’s 50 Benchmark Group of outstanding insurers in the United States by Ward Group, a management consulting firm specializing in the insurance industry.
Ward Group analyzes over 2,900 property-casualty insurers annually and identifies 50 top-performers to serve as the benchmark against which all others are measured. These 50 are selected for their outstanding financial results over a five-year period, and Frankenmuth Insurance again earned a spot.
Notably, only eleven of the 50 insurers named to Ward’s 2005 group, including Frankenmuth Insurance, have been recognized thirteen or more times since the list’s inception in 1990. Mr. Jeff Rieder, Partner of Ward Group, explains, “This is a testament to Frankenmuth Insurance Company’s consistent financial stability. They maintain, over the long-term, outstanding results to the benefit of their clients.”
Gerald L. Stanton, Chairman of the Board and Chief Executive Officer of Frankenmuth Insurance, defers credit for the company’s latest accomplishment. “I’ve said it before and it bears repeating. Credit for our thirteenth appearance on the Ward’s 50 Benchmark list goes to our professional and dedicated employees and independent agents. Their effort and a fiscally conservative corporate philosophy enable us to provide the stable financial platform our policyholders depend on.”
Frankenmuth Insurance Company began as the German Frankenmuth Aid Association in 1868 to protect the property of its 200 members against the peril of fire. Many years-and hundreds of thousands of policies-later, Frankenmuth Insurance Company now actively writes business in seven states with plans to add two more by year-end. Please learn more about Frankenmuth Insurance Company by visiting your local independent insurance agent. Also, learn more about Ward Group and Ward’s 50 Benchmark Group of Insurers by visiting http://www.wardinc.com/.