Starmount Named to Ward’s 50 Top Performers List
BATON ROUGE, La. (PRWEB) July 20, 2016 -- Starmount Life Insurance Company has been named to the 2016 Ward's 50 Top Performers in life and health insurance. Ward Group is a provider of benchmarking and best practices studies for the insurance industry, and part of Aon Hewitt (Aon), a global provider of risk management, insurance brokerage and HR outsourcing services.
Each year the Ward Group analyzes the financial performance of and applies a series of safety and consistency tests to more than 700 life and health insurance companies, domiciled in the United States.
The rigorous evaluation process and comparison identifies the 50 top companies that outperform the industry within a five-year period.
“In selecting the Ward’s 50, we identified companies that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results,” said Jeff Rieder, partner and head of the Ward Group. “In addition to achieving greater levels of income returns, the Ward’s 50 benchmarks outperformed [the industry] in other key performance benchmarks [including lower expense ratios].”
Starmount CEO Erich Sternberg said that a disciplined financial approach allows the company to maintain profitability and a strong capital position, while a focus on customer satisfaction and service has helped deliver several years of continual double-digit growth.
“It’s an honor to be recognized as one of the top performing life and health insurance companies, and a credit to our entire team of professionals across the country,” Sternberg said.
Starmount and sister company, AlwaysCare Benefits, Inc., are based in Baton Rouge, Louisiana, and are national providers and administrators of life and supplemental health insurance, including dental, vision, and life coverage for individuals and employer groups.
“We have made thoughtful and diligent strides to expand our business market share,” said Starmount President Deborah Sternberg. “The company is truly grateful for this prestigious acknowledgement of our performance. We believe this achievement reflects our commitment to providing our customers with the most valuable products and services.”
For a complete listing of the Ward’s 50 Top Performers in life and health insurance, visit http://www.wardinc.com/wards50/life-health.php.
About Starmount Life Insurance Company and AlwaysCare Benefits, Inc.:
Starmount Life Insurance Company is admitted in 49 states, and sister company, AlwaysCare Benefits, Inc., is a nationally licensed, third-party administrator (TPA). Known for reliable service and customer satisfaction, Starmount Life and AlwaysCare Benefits are national providers and administrators of life and supplemental insurance for individuals and groups. For more information, please visit http://www.StarmountLife.com or http://www.AlwaysCareBenefits.com.
Andrea' Randall, Starmount Life Insurance Company, http://www.StarmountLife.com, +1 (225) 400-9245, [email protected]
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