AgencyEquity adds A.M. Best ratings to carrier directory

AgencyEquity adds A.M. Best ratings to carrier directory | Insurance Business

AgencyEquity adds A.M. Best ratings to carrier directory
AgencyEquity, a website for insurance agency owners, has published a new directory of insurance carriers that includes up-to-date financial-strength ratings from A.M. Best. The database will include detailed information on more than 1,000 carrier groups and more than 2,000 A.M. Best ratings.

“Carrier appointments are part of an agency’s strategy,” said Joseph Totah, president of AgencyEquity’s parent company, Strategic Agencies. “We are excited to be able to offer this new resource to our agency customers.”

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The new directory will allow agency owners who are seeking new carrier appointments to more easily research prospects. The financial ratings will be updated every three months for every carrier in the directory, according to AgencyEquity. A.M. Best – the oldest and most recognized provider of insurance carrier ratings – gives carriers letter grades that indicate their ability to pay claims.

The new directory lists more than 1,000 carrier groups, along with the individual carriers that belong to the group. Users can search for carriers by carrier type, states in which they do business, and types of coverage. In addition to A.M. Best ratings, the directory will also list carrier details and links to information including:
  • Carrier home pages
  • Directories of carriers’ current appointed agents
  • Agency appointment information
  • States in which the carrier does business
  • Carrier size
The directory is available free of charge to customers.

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