Demotech, Inc. Nominated for Rating Agency of the Year

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Oct 07, 2015, 05:41 ET

COLUMBUS, Ohio, Oct. 7, 2015 /PRNewswire/ -- At the tenth annual Reactions North American Awards held in September at Cipriani Wall Street, Demotech, Inc. celebrated its initial nomination for the Rating Agency of the Year Award – 2015.

According to Vice President and co-founder Sharon M. Romano Petrelli, CPCU, AIAF, CCP, ARC, "It was a distinct honor to be one of the three finalists in the Rating Agency of the Year category. The other nominees were A.M. Best Company and Standard & Poor's."

Joseph L. Petrelli, ACAS, MAAA, ASA, FCA, President and co-founder, noted that "Demotech has been securing ratings related awards as well as nominations over the past several months. On behalf of the 420 financially stable insurers that we review and rate, we thank you."

About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech, Inc. has been serving the insurance industry by providing actuarial consulting as well as accurate and proven Financial Stability Ratings^® (FSRs) for Property & Casualty insurance companies and Title underwriters. FSRs are a leading indicator of the financial stability of an insurer. The rating process provides an objective baseline as well as insight as to the financial stability of an insurer. Demotech levels the playing field by offering FSRs to insurers of all sizes. Visit www.demotech.com for more information.

About Reactions
Since its 1981 inception as a traditional London market reinsurance magazine, Reactions has evolved to meet the fast changing information needs of the global insurance and reinsurance market.

No longer just a magazine, Reactions provides the latest breaking news, specialist insight and detailed analysis, integrated across their website, trusted email alerts and print products. In addition, the Reactions brand hosts annual events, conferences, webinars and industry awards spanning the globe.

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SOURCE Demotech, Inc.