WEST BEND, WI (June 29, 2023) – West Bend Mutual Insurance Company has placed in the coveted Ward's 50 group of top-performing companies for 2023. The recently released list includes the best industry performers of nearly 3,000 U.S.-domiciled property-casualty insurance companies and nearly 700 life-health insurance companies. West Bend is recognized for its outstanding financial results in the areas of safety, consistency, and performance over five years (2018-2022). It is the tenth consecutive year the company has been included.
The Ward Group's methodology evaluates key safety and consistency measurements and performance tests. Ward's 50 identifies companies that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results. To be awarded the designation, companies must pass minimum thresholds of performance.
"Our consistent appearance on Ward's 50 list is a testament to our associates for their outstanding performance and independent agents who represent West Bend," stated West Bend's President, Rob Jacques. "We're honored to again join the ranks of other top property and casualty insurers in the nation."