MORRISTOWN, N.J., Oct. 19, 2015 /PRNewswire/ -- ProSight Specialty Insurance today announced that it is proud to be the recipient of the 2015 Company of the Year Award from the Business Intelligence Group ("BIG"). The annual BIG Awards for Business highlight outstanding talent and superior performances of organizations from across the globe, providing a platform for recognizing the world's best products, companies and executives.
"We're honored to be recognized by a panel of business executives who appreciate companies that challenge the status quo," said ProSight CEO, Joe Beneducci. "This acknowledgement from the Business Intelligence Group is a testament to the uniqueness of our business strategy and the positive impact it's creating for our customers. For too long, insurance customers have been conditioned to think that all insurance is the same. ProSight is determined to change that belief and is on a mission to redefine what it means to be a knowledgeable and trusted partner by providing true value to our customers."
ProSight Specialty Insurance was founded in response to the growing needs of insurance customers and the lack of innovation from the insurance industry to meet such needs. Unlike traditional insurance companies, ProSight came into existence and succeeds based on a core principle – make sure every ProSight customer receives unparalleled value with their purchase and they can always trust they've made a good decision.
The BIG Awards recognize top-performing companies and organizations using a proprietary judging process scored by well-known and experienced leaders and executives from around the globe. The unique scoring system selectively measures performance across multiple business domains and rewards those companies whose achievements stand above those of their peers.
"In an industry dominated by centuries-old institutions, ProSight has done the unthinkable by not only building an entirely new insurance entity from the ground up, but by turning it into a successful company in just five years," said Managing Director of the Business Intelligence Group, Russ Fordyce. "ProSight has exemplified innovation and growth through an unwavering perseverance, which is just one of the many reasons the Business Intelligence Group is proud to recognize ProSight as 2015 Company of the Year."
To learn more about ProSight's insurance solutions, please visit www.prosightspecialty.com. Media interested in speaking with CEO Joe Beneducci, please contact Havas Formula at [email protected] to coordinate a briefing.
About ProSight Specialty Insurance
ProSight Specialty Insurance was founded by CEO Joe Beneducci and focuses on niche markets where it has differentiated underwriting and claims expertise, and partners exclusively with specialist distributors who have a deep understanding of their customers. The underwriting members of the ProSight Specialty Insurance (ProSight) group of companies are rated "A" (Excellent) by A.M. Best. ProSight also operates Syndicate 1110 at Lloyd's of London, which is also rated 'A' (Excellent) by A.M. Best and 'A+' (Strong) by Standard & Poor's. Based in Morristown, N.J., ProSight has regional offices in Los Angeles, New York and Santa Rosa, Calif. and owns and manages Syndicate 1110 at Lloyd's of London. More information about ProSight Specialty Insurance and its member insurers can be found at www.prosightspecialty.com.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
SOURCE ProSight Specialty Insurance