PURE Insurance Earns Spot on Fortune's 40 Best Workplaces in Financial Services & Insurance for Second Consecutive Year

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Mar 31, 2017, 15:15 ET

WHITE PLAINS, N.Y., March 31, 2017 /PRNewswire/ -- The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, today announced that it has once again been named one of the 40 Best Workplaces in Financial Services & Insurance by Fortune and Great Place to Work®. This is PURE's second consecutive year making the list.

"At PURE, we are focused on fostering a strong work culture that empowers employees and provides them with a sense of purpose and direction in their career," said Colin Haupt, Vice President of Human Resources for PURE Insurance. "This culture helps to create a passionate and engaged workforce that comes to work every day dedicated to serving our members."

This list is based on survey feedback from over 62,000 people working at leading financial firms. Employees at the winning organizations reported high levels of trust in their management, as well as camaraderie and pride in what they do. These organizations also boast that 98 percent of their employees enjoy a psychologically healthy and friendly workplace.

"Colleagues say their leaders at the Best Workplaces are consistent in their ethics and take an earnest interest in their teams' feedback when making decisions. This reflects the high level of integrity customers expect from a business entrusted with their money," said Kim Peters, Executive Vice President of Great Place to Work.

Companies and organizations recognized as Best Workplaces are also honored for their efforts in giving back to the community and creating an environment for employees to flourish. This has made way for strengthened loyalty and increased revenue growth.

About PURE

Privilege Underwriters Reciprocal Exchange (PURE) is a policyholder-owned insurer dedicated to creating an exceptional experience for responsible high net worth individuals and families. PURE provides best-in-class, customizable coverage throughout the U.S. for high-value homes, automobiles, jewelry, art, personal liability, watercraft and flood. Today PURE insures more than 60,000 responsible, high net worth families and has earned a world-class NPS of 67. Inspired by some of the finest policyholder-owned companies in the world, PURE emphasizes alignment of interests and transparency. PURE's low cost of capital, careful member selection and proactive risk management all contribute to highly competitive rates. In return for a fee, PURE Risk Management, LLC acts as Attorney-in-Fact for PURE. For more information or to find a local broker, visit pureinsurance.com. You can follow PURE on Facebook, Twitter and LinkedIn.

About The Best Workplaces in Financial Services & Insurance

The Best Workplaces in Financial Services & Insurance rankings are based on feedback from 62,450 employees at Great Place to Work-Certified organizations in these sectors. Employees completed an anonymous Trust Index© survey, answering questions about how frequently they experience the building blocks of a great workplace. Employees rated leadership strength and integrity, pride in their work and organization, opportunities for professional growth and support for work-life balance, among other factors. Results from the survey are highly reliable, having a 95% confidence level and a margin error of 5 percent or less.

Earning a place on this list indicates a company has distinguished itself from peers by creating a Great Place to Work For All™. Rankings reward organizations where not only the majority of their employees experience a great place to work, but these experiences are highly consistent regardless of who people are or what they do within the organization. Results are considered based on the complexity of the employee population and relative to peer performance.

About Great Place to Work

Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work provides the benchmarks, framework and expertise needed to create, sustain and recognize outstanding workplace cultures. In the United States, Great Place to Work produces the annual Fortune "100 Best Companies to Work For®" and a series of Great Place to Work Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies and over half a dozen different industries.

Follow Great Place to Work online at www.greatplacetowork.com and on Twitter at @GPTW_US. When sharing on social media about the 2017 Best Workplaces in Financial Services & Insurance, please use the hashtag: #bestworkplaces.

SOURCE PURE Insurance