Where Intention Can Take Us–ALPS Property & Casualty Earns an A Rating

On October 6^th the premier insurance rating agency, AM Best, announced its upgrade of ALPS Property & Casualty Insurance Company’s Financial Strength Rating from an A- to an A.

With a well-diversified geographic footprint, a continued investment in technology to reduce friction in the customer application and purchasing processes and a strong balance sheet, ALPS is in a solid position among carriers in its space.

“When the de facto regulator of insurer solvency (AM Best) moves a carrier from A- to A, it’s a pretty big deal,” remarked ALPS CEO David Bell.

For ALPS policyholders, the Best rating upgrade provides continued peace of mind regarding their carrier. “The public recognition of our financial strength is important to our insured law firms. Combined with our commitment to technology and resources that make our customers’ job easier, the A rating reaffirms that ALPS is the legal malpractice insurance carrier of choice,” said Bell.

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Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the insurance industry. Policyholders refer to Best’s ratings and analysis as a means of assessing the financial strength and creditworthiness of risk-bearing entities and investment vehicles. Read the full press release from AM Best.

ALPS is legal malpractice insurance made easy. Founded by lawyers for lawyers in 1988, ALPS is the nation’s largest direct writer of lawyers’ malpractice insurance and is endorsed by more state bars than any other carrier.