AM Best Affirms Financial Strength Rating of At-Bay Carrier
July 01 2024 - 8:00AM
Business Wire
At-Bay, the insurance provider for the digital age, announced
today that AM Best has affirmed At-Bay Specialty Insurance
Company’s Financial Strength Rating of A- (Excellent) with a
“Stable” outlook. This rating indicates AM Best’s expectation that
At-Bay’s very strong balance sheet and ongoing strategic
initiatives will continue to drive consistent operating performance
following its 2023 annual review.
At-Bay Specialty Insurance Company is an excess and surplus
(E&S) lines property and casualty (P&C) carrier. As an
E&S carrier, At-Bay aims to provide its policyholders and
valued brokers with innovative insurance solutions, and access to
enterprise-grade cybersecurity solutions, to address the new and
emerging risks of today’s mid-market to small businesses.
“We’re incredibly proud to have AM Best recognize our financial
strength and operating performance,” said Ari Fischel, Chief
Financial Officer of At-Bay. “The AM Best rating is an important
validation of our team’s work as we continue to build the next
generation of insurance for mid-market and small businesses.
Remaining committed as ever to underwriting discipline and service
excellence, we look forward to the year ahead.”
For the latest rating, access www.ambest.com.
About At-Bay
At-Bay is the insurance provider for the digital age. By
combining world-class technology with industry-leading insurance,
At-Bay was designed from the ground up to empower businesses of
every size to meet cyber risk head on. At-Bay Insurance Services,
LLC provides insurance protection and security prevention solutions
to close to 40,000 businesses in the US, safeguarding up to $800B
in collective business revenue, and offers coverage by admitted and
non-admitted insurers for Cyber, Technology Errors & Omissions
(Tech E&O), and Miscellaneous Professional Liability (MPL). The
At-Bay Group also includes an active full-stack insurance company
and a cybersecurity company. At-Bay Security offers proprietary
security solutions including At-Bay Stance Managed Detection &
Response (MDR).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240701278111/en/
Jackie Gray, Corporate Communications, At-Bay
press@at-bay.com