SWBC Life Insurance and SWBC P&C Maintain Strong A- Rating from AM Best
SAN ANTONIO–(BUSINESS WIRE)–SWBC Life Insurance Company (SWBC Life) and SWBC Property and Casualty Insurance Company (SWBC P&C) have been reaffirmed with A- (Excellent) ratings and a Stable Outlook by AM Best, a globally recognized credit rating agency focused on the insurance industry.
This achievement reflects both entities’ strength, stability, and sound risk management practices. SWBC Life Insurance Company, known for its credit insurance and reinsurance solutions, maintained its A- rating due to its strong balance sheet performance and effective enterprise risk management. SWBC P&C, strengthened by a recent merger, also received an A- rating with a Stable Outlook after AM Best’s thorough evaluation of its financial stability and long-term outlook.
“We are proud to see both SWBC Life and SWBC P&C independently validated by AM Best at this level,” said Joan Cleveland, President and CEO of SWBC Life Insurance Company and Executive Vice President of SWBC Property and Casualty Insurance Company. “We are super excited about the future and remain committed to delivering the same high level of service and security our clients have come to expect.”
Jim Pangburn, President and CEO of SWBC Property and Casualty Insurance Company, emphasized the importance of maintaining strong ratings, stating, “Maintaining strong ratings is always at the forefront of our thinking, planning, and execution. It is a testament to our disciplined management approach, which is focused on financial strength and long-term security for our valued clients.”
The A- rating from AM Best signals to policyholders and partners that SWBC Life and SWBC P&C remain reliable and resilient insurance providers, positioning the organization for continued and sustainable growth.
About SWBC
SWBC is a diversified financial services company providing insurance, mortgages, wealth management, and employee benefits to financial institutions, businesses, and individuals. Headquartered in San Antonio, Texas, SWBC operates across all 50 states and manages businesses globally. The company is known for its personalized service and customized solutions.
For more information about SWBC’s innovative approach, visit their website. Contact Lisa Pinto at 210.382.1520 or [email protected] for further details.
