Central United Life Insurance Company has been named a 2012 Ward’s Top 50 performing life and health insurer. Each year, the Ward Group analyzes 800 life and health insurers based on performance benchmarks. To make the top 50, an insurer must demonstrate superior performance, including a measured ability to grow and maintain financial stability, over a five-year period (2007 - 2011).
Despite tough economic conditions, Ward’s 50 companies outperformed the rest of the industry and passed safety and consistency screens. According to Jeff Rieder, Ward Group Partner, the “…overall financial stability for the industry remains very strong,” with companies “…investing in new systems, improving internal processes and focusing on developing new capabilities to meet customer demands.”
“We are honored to have made the Ward’s 50 this year,” said David Harris, Chairman and CEO of Central United Life. “We have been committed to providing excellent customer service and developing new and innovative ways to meet customer demands while maintaining solid, long-term financial performances. We couldn’t do it without our great employees and customers.”
The Ward Group has been a leading provider of benchmarking and best practices services to the insurance industry for more than 20 years.