Two business professionals talking on two blue chairs Two business professionals talking on two blue chairs

AM Best rates Sentry A+ for 32nd straight year

Rating confirms the mutual insurance group’s financial strength and ability to pay customers’ current and future claims.

STEVENS POINT, Wisconsin (July 17, 2023) – After concluding its annual review, AM Best assigned Sentry an A+ (superior) rating for a 32nd consecutive year. In doing so, the insurance industry’s lead rating authority pointed to the mutual insurance group’s “innovative initiatives” as positioning it as a leading commercial casualty writer.

AM Best 32nd year logo

“Our strategy for success involves accessing new markets, investing in new technologies that better serve the business and our customers, and developing a strong talent pipeline,” said Pete McPartland, Sentry Chairman of the Board, President, and CEO. “Our efforts, led by a unified management team and dedicated associates, pave a path for a strong future for Sentry—one where we’re leading the way in an evolving business landscape.”

Fewer than 10% of U.S.-based property and casualty insurance companies earn the A+ rating—even less have achieved it for more than three straight decades. This past year, elevated inflation, catastrophic weather events, and volatile investment markets strained the insurance industry.

“In a challenging year, Sentry outperformed standards for premium growth and profitability, solidifying our position as one of the best-capitalized companies in the insurance industry,” said Todd Schroeder, Chief Administrative Officer and Chief Financial Officer.

The A+ (superior) rating speaks to the soundness of Sentry as a company. In support of the rating, AM Best points to Sentry’s balance sheet strength, which it ranks as “strongest” for risk-adjusted capitalization. AM Best also recognizes Sentry’s disciplined investment management strategy and consistent operating results, the latter of which is “fueled by management’s innovative initiatives.”

It also noted Sentry’s well-diversified business mix, offering a broad range of commercial and personal property and casualty coverages throughout the U.S.

For more information, please contact:

Carolyn Schamberger
Mobile: 715-315-9929

Rick LaFrombois
Mobile: 715-581-9396

Find an agent

Please enter a ZIP code.
Please check your ZIP code!
Please select an industry.

What can we help you find?

Loading...please wait