A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) of Vault
St. Petersburg, FL, August 29, 2022 – Vault E&S Insurance Company (Little Rock, AR) and Vault Reciprocal Exchange (St. Petersburg, FL), collectively referred to as Vault Insurance Group (“Vault”) announced A.M. Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Vault.
The A.M. Best report highlights, “Vault’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance.” In addition, “Vault’s management implemented effective capital management initiatives that returned risk-adjusted capitalization to the strongest level, as measured by BCAR.”
Launched in October 2017, Vault Insurance has continued to progress as a fast-growing provider of high-net-worth personal insurance. Vault’s growth has been fueled by a modern technology approach, strong underwriting, and an unrivaled business model, acting as a reciprocal insurance exchange, managing general agent, and excess and surplus insurance provider.
Media Contacts
Vault
Katelin Azzarelli
Katelin.azzarelli@vault.insurance
