AM Best Affirms A (Excellent) Financial Strength Rating for PURE Specialty Exchange

Jun 20, 2024

We are pleased to announce that AM Best, one of the lead rating agencies for the insurance industry, has affirmed PURE Specialty Exchange's A (Excellent) rating for financial strength and upgraded the Long-Term Issuer Credit Rating to "a+" (Excellent) from "a" (Excellent). Additionally, AM Best has affirmed the financial strength rating of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of PURE.

These ratings reflect the PURE Group's balance sheet strength, operating performance and enterprise risk management.

About PURE Programs

PURE Specialty Exchange (PSE) is a policyholder-owned Domestic Surplus Lines insurer dedicated to helping PURE members and other responsible high net worth families obtain high-quality, customizable coverage for their complex exposures that fail to qualify for coverage in the admitted insurance market. PSE members access the same key services as PURE, most notably including risk management and claims in addition to others. In return for a fee, PURE Specialty Risk Management, LLC, a wholly-owned subsidiary of PUI, serves as Attorney-in-Fact for PSE. PSE will begin accepting members in the Spring of 2022.

Media Contact

Kristin Piccini

VP, Marketing & Communications

kpiccini@pureinsurance.com