BMI Companies Subsidiary Receives Superior Rating from AM Best
The prestigious provider of Insurance Risk Ratings, awarded a new title to Best Meridian International Insurance Company SPC for its optimal efforts in this area
AM Best, recognized globally as a leading provider of Insurance Risk Ratings, has given it a superior rating TO- (Excellent) to Best Meridian International Insurance Company SPC, a subsidiary of BMI Financial Group, for its optimal ability to comply with the procedures and obligations towards its policyholders.
Regarding obtaining such a prestigious rating, Anthony Sierra, President and CEO of BMI Companies, comments: “This is undoubtedly a great step within BMI Companies as obtaining such a high rating from AM Best gives us an independent view. of financial maturity and also generates a favorable impact on our way of doing business ".
This indicator of financial strength can be used to help increase equity and decrease debt, becoming a determining factor for competition. "Having such an excellent rating from AM Best is a test of security for all our customers", Sierra adds.
Best Meridian Insurance Company, another of the BMI group insurers in the United States, is currently rated TO- (Excellent) and with this new rating from Best Meridian International, the insurance group shows an excellent job in the insurance industry.
It is worth mentioning that AM Best's ratings are assigned to insurance companies that subscribe to its interactive rating service, based on a comprehensive quantitative and qualitative assessment of a company's strengths, operating performance and business profile.
