BRADENTON, Fla., Aug. 18, 2022 /PRNewswire/ — SUNZ Insurance CEO Steve F. Herrig announced today that AM Best affirmed the Financial Strength Rating of “A-” (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to SUNZ Insurance Company. The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect SUNZ Insurance Company’s balance sheet strength, operating performance, business profile and enterprise risk management. The rating actions are affirmed amidst the expansion of SUNZ’s footprint to 42 states and offers customized workers’ compensation insurance coverage nationwide through its fronting partnership. SUNZ continues to maintain its position as one of the leading providers of large deductible workers’ compensation coverage, with a specialization in PEO & Staffing companies, Transportation, and other Large Employers.