Acuity Insurance has once again been ranked highly by the S&P Global Ratings.
For the 23rd year in a row, the Sheboygan County-based insurance company received an A+ credit rating from the national ratings organization.
In its reaffirmation, S&P noted Acuity’s combination of a very strong business risk profile and financial risk profile.
In particular, S&P highlighted that robust capital is Acuity’s key rating strength, with the company’s strong balance sheet reflecting the insurer’s ability to generate consistent underwriting performance over the long term.
Acuity’s S&P A+ rating affirmation combines with the insurer’s continued strong business growth.
The company is on track to set new benchmarks in both personal and commercial lines in 2025, add $330 million to top-line revenue, and achieve record assets of nearly $9 billion for the first time in its 100-year history.
