Renaissance Life & Health Insurance Company of America has been elevated from an A- to an A in its issuer credit rating (ICR) performed by A.M. Best Company. Renaissance Dental is the flagship product of Renaissance Life & Health Insurance Company of America. The new “excellent” rating emphasizes Renaissance’s stable financial outlook. It also proves Renaissance can be successful within a changing and increasingly competitive insurance landscape.
“Renaissance is very proud of our A rating by A.M. Best Company, It’s a great achievement for us. We know this new rating will only add to the growing confidence brokers, employers and our private exchange partners have in our products.”
Renaissance was able to secure the A rating in part because of its product diversification. Renaissance now offers insurance plans that combine dental with vision, life and disability.
The ratings are determined by using Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the rating criteria used in the rating process. Best’s Credit Rating Methodology can be found at www.ambest.com/ratings/methodology.
Key insurance criteria reports utilized:
- Rating Members of Insurance Groups
- Risk Management and Rating Processes for Insurance Companies
- Understanding BCAR for U.S. and Canadian Life/Health Insurers
Renaissance is a leading ancillary insurance provider well-known for its flexible and customizable dental and vision plans that offer extensive coverage of services, maximum choice and value, and hassle-free benefits for individuals and groups of any size. For more information, visit RenaissanceFamily.com.