WEST
TRENTON, N.J., July 17,
2024 /PRNewswire/ -- For the third year in a row, NJM
Insurance Group has been named as a Ward's 50 Company by Ward, a
business unit of Aon plc and a leading benchmarking provider for
the insurance industry. This recognition places NJM Insurance as a
top-performing company nationally in the insurance industry.
"NJM is committed to maintaining the highest levels of financial
stewardship, so we are honored to receive this recognition," said
Mitch Livingston, NJM President
& CEO. "Our placement as a top performer among insurance
companies is a testament to our team's hard work and dedication to
operating for the exclusive benefit of our policyholders."
This prestigious group of 50 companies is chosen from almost
3,000 property casualty insurers headquartered in the U.S.,
following a review of their financial performance by Ward. Each
company on the list has passed all safety and consistency screens
and achieved superior performance over the five years (2019–2023)
analyzed.
In its benchmarks and best practices studies, Aon's Ward
analyzes staff levels, compensation, business practices, and
expenses for all areas of company operations and helps insurers
measure results compared to peer groups, optimize performance, and
improve profitability. Visit ward.aon.com for more
information.
About Aon
Aon plc exists to shape decisions for the better — to
protect and enrich the lives of people around the world. Our
colleagues provide our clients in over 120 countries and
sovereignties with advice and solutions that give them the clarity
and confidence to make better decisions to protect and grow their
business.
About NJM Insurance Group
Founded in 1913, NJM is among the Mid-Atlantic's region leading
property casualty insurers and has maintained AM Best's Financial
Strength Rating of A or higher for over 70 years. The Company
operates in a mutual fashion for the exclusive benefit of its
policyholders and is consistently recognized for its award-winning
customer service, superior claims handling procedures, and overall
customer satisfaction. NJM's personal insurance products are
available direct to consumers in Connecticut, Maryland, New
Jersey, Ohio, and
Pennsylvania. The Company also
works with a preferred network of independent agents to deliver
business insurance in Connecticut,
Delaware, Maryland, New
Jersey, New York, and
Pennsylvania.
Visit njm.com to learn more.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/njm-named-as-a-2024-wards-50-top-property-and-casualty-insurance-company-302198579.html
SOURCE NJM Insurance Group