The ratings reflect Delta Dental of California Group’s balance sheet strength assessment, which AM Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The ERM program is supported by a well-established governance structure, with culture and risk management controls. In addition, it utilizes the three lines of defense strategy. The top risk scenarios are stress tested to ascertain if the capital position exceeds minimum levels, and whether solvency was maintained to meet management’s business plan. The organization continues to invest in cyber security infrastructure and maintains cyber liability insurance coverage. AM Best will continue to monitor the organization’s ERM practices.
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