A.M. Best Company, a full-service credit rating agency serving the insurance industry, has affirmed A.I.M. Mutual Insurance Company’s financial strength rating of A (Excellent) with a stable outlook. With regard to the Company's balance sheet strength, A.M. Best provided their strongest rating.
The rating was also assigned to the Company’s wholly-owned subsidiaries, Associated Employers Insurance Company (AEIC), Massachusetts Employers Insurance Company (MEIC), and New Hampshire Employers Insurance Company (NHEIC). The ratings reflect the group’s excellent capitalization, strong operating performance over the long term, conservative operating philosophy, and prudent reserving practices. The group’s positive attributes are derived from its adherence to strict underwriting guidelines, application of proactive claims management, and commitment to injury prevention services.
A.I.M. Mutual has reported strong operating results which compare favorably with the industry composite over the long term. The results benefit from management's local niche market knowledge, specialized loss control strategies, active claims management, and comprehensive medical care improvement initiatives.