July 19, 2023
Aon recognizes Texas Mutual as top performer for 11th year
For the 11th year in a row, Texas Mutual was named one of Ward’s 50 top-performing property-casualty insurers out of nearly 2,900 U.S.-based companies. This recognition reflects our continued financial strength and stability as the state’s market leader in workers’ compensation insurance. It’s also a testament to our valued employees who provide exceptional service to our policyholders, agents and injured employees every day.
The Ward’s 50 list is developed by Ward Group, a subsidiary of Aon, which is a global professional services firm for risk, retirement and health solutions. Ward Group identifies top performers that have achieved superior performance over a five-year period (2018-2022) while passing stringent safety and consistency benchmarks. These benchmarks include having a minimum of $50 million in both surplus and premiums each year, positive net income for at least four of the five years measured and compound annual premium growth between -10% and 40%.
Ward Group also evaluates the financial stability of each company to ensure they have the potential for continued growth, while still maintaining strong capital positions and underwriting results. Ward Group is the leading provider of benchmarking and best practice services for insurance companies and is a trusted source within the industry.
We’re proud to have earned this award, which acknowledges our work to remain a stable, competitive source of workers’ comp insurance. We know thousands of Texas employers rely on us to protect their businesses and care for their employees, and we take that responsibility seriously. Thank you to our policyholders and agent partners for their continued trust and for choosing Texas Mutual as their insurer of choice for workers' comp.