AgriSompo North America Retains A+ Credit Rating

AgriSompo North America Retains A+ Credit Rating

AgriSompo North America is proud to announce that AM Best has once again reaffirmed our Financial Strength Rating of A+ this month. 

AM Best assigns an A+ rating only to those companies who demonstrate a superior ability to meet their financial obligations to policyholders. AgriSompo North America has received a Financial Strength Rating of A+ every year since its purchase by Sompo International in 2017 (at which time it was operating under the name ARMtech). 

It is this foundation of financial security, combined with our industry-leading claims service and nationwide network of experienced agents, that allows our policyholders to rest easy in the knowledge that they have chosen the best crop insurance has to offer. 

The AM Best rating process involves quantitative and qualitative reviews of a company’s balance sheet, operating performance, and business profile. This includes comparisons to peers and industry standards, as well as assessments of an insurer’s operating plans, philosophy, and management. 

Read the full press release here.