In 2015, member surplus contributions alone exceeded $30 million, which fueled statutory surplus growth of 23% for the year and enabled PURE to make its fifth allocation in six years to members' Subscriber Savings Accounts (SSA).
PURE currently insures more than 55,000 high net worth families throughout the country. For more information about PURE's operational performance, see their 2015 Annual Report to Members at 2015.pureinsurance.com. You can also follow PURE on Twitter and LinkedIn.
Privilege Underwriters Reciprocal Exchange (PURE) is a policyholder-owned insurer dedicated to creating an exceptional experience for responsible high net worth individuals and families. PURE provides best-in-class, customizable coverage throughout the U.S. for high-value homes, automobiles, jewelry, art, personal liability, watercraft and flood. Inspired by some of the finest policyholder-owned companies in the world, PURE emphasizes alignment of interests and transparency. PURE's low cost of capital, careful member selection, and proactive risk management all contribute to highly competitive rates. In return for a fee, PURE Risk Management, LLC acts as Attorney-in-Fact for PURE. For more information or to find a local broker, visit pureinsurance.com.
Contact: Mark Galante
TEL: (914) 470-9941
FAX: (914) 328-3883
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/am-best-affirms-the-pure-groups-financial-strength-rating-of-a--excellent-300299686.html