A.M. Best assigns Fortegra subsidiary FEIC Ltd. a Financial Strength
Rating of A-
JACKSONVILLE, Fla.--(BUSINESS WIRE)--
Fortegra
Financial Corporation (“Fortegra”), a leading international
specialty insurer and subsidiary of Tiptree Inc. (“Tiptree”), today
announces that Malta-based Fortegra Europe Insurance Company Limited
(FEIC Ltd.) has received an A.M. Best Financial Strength Rating of A-
(Excellent). FEIC Ltd. also received an initial Long-Term Issuer Credit
Rating of A- with the outlook assigned to both ratings listed as stable
by the global rating agency.
“We are proud to have yet another subsidiary earn an Excellent A.M. Best
rating,” said Fortegra Executive Vice President and Chief Underwriting
Officer Sanjay Vara. “A.M. Best is the world’s preeminent authority on
insurance ratings, and this A- rating is a reflection of our financial
strength and stability.”
Headquartered in Malta, FEIC Ltd. was established
in 2018 to write warranty and specialty motor insurance in several
European markets.
For details on FEIC Ltd.’s initial ratings, see A.M. Best’s official
announcement. To learn more about Fortegra products and services,
visit fortegra.com.
About Fortegra
Fortegra
Financial Corporation (a Tiptree Inc. company) and its
subsidiaries comprise a single-source insurance services provider that
offers a range of consumer protection options including warranty
solutions, credit insurance, and specialty underwriting programs.
Delivering multifaceted coverage with an unmatched service experience
for domestic and international partners and their customers, Fortegra
solves immediate, everyday needs, empowering consumers to worry less and
Experience More.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190118005374/en/
Media Contact:
Emily Cress
BLASTmedia for Fortegra
(317)
806-1900 ext. 137
emily_cress@blastmedia.com
Source: Fortegra Financial Corporation