A.M. Best reaffirms rating of ALPS at A- (Excellent) with a Stable Outlook
The premier insurance rating agency,
ALPS President & CEO,
In 2013, ALPS achieved the highest gross written premium in company history at
The Public Financial Strength Rating Rationale provided by
"The ratings of
Bell states, "ALPS achieved a policy retention rate of 91% during 2013, which is inclusive of retirements and well above industry standards. That loyalty results from the hard working men and women who make up the ALPS family and their commitment to honesty, transparency, and customer service."
As the first multi-state, bar-related insurance company, ALPS' long-held relationships with State Bars has been mutually beneficial. State Bars are able to tap ALPS' risk management experience to help members mitigate claims and ALPS is able to market its services through the Bar. Today, ALPS is affiliated with or endorsed by 14 State Bars, more than any other legal malpractice insurance carrier in the country, regardless of size.
Founded in 1899,
Since 1988, ALPS has been the preeminent provider of lawyers' professional liability insurance, with an emphasis on protection, stability, and commitment to the legal community. To read the 2013 ALPS Annual Report as well as the complete independent auditor's report and consolidated financial statements, visit http://www.alpsnet.com/annualreport2013
Read the full story at http://www.prweb.com/releases/2014/06/prweb11940749.htm
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