Amica Press Releases

07.25.08

Amica Life Named to Ward's 50 List

LINCOLN, RI - Amica Life Insurance Company, headquartered in Lincoln, has been named to the prestigious list of Ward's 50 top performing life-health insurance companies. The list was recently released by Ward Group, a consulting firm that specializes in the insurance industry and is the industry's leading provider of benchmarking and best practices services.

This is the second time Amica Life Insurance Company has received the Ward's 50 designation.

Annually, Ward Group analyzes the financial performance of insurance companies domiciled in the United States and identifies the top performers in both the life-health and property-casualty segments. These top performers comprise the Ward's 50 groups for the year. Each Ward's 50 company has passed safety and consistency screens and achieved superior performance over a five-year analyzed period. More than 3,000 property-casualty insurance companies and more than 850 life-health insurance companies were included in the analysis.

"Over the last decade, the insurance industry has changed dramatically with new technology, changing customer and employee demographics, and increasingly competitive market conditions," explains Robert DiMuccio, President and Chief Executive Officer of Amica Life Insurance Company. "We value Ward Group's recognition of our focus on financial security and strong customer service."

Amica Life Insurance Company, a wholly owned subsidiary of Amica Mutual Insurance Company, was founded in 1968 in Rhode Island. Amica Life and its subsidiary, Amica General Agency, Inc., offer a variety of value-oriented life insurance, retirement, and specialty health insurance products. More information is available at www.amica.com.