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Is Demotech A rating the same as AM Best A?

Branch carries a Demotech A Exceptional financial stability rating. AM Best and Demotech are different rating agencies. AM Best is the more established name in insurance financial strength ratings, which is why most traditional carriers (Travelers, Nationwide, Hartford) carry AM Best ratings. Demotech ratings are considered credible and are recognized by secured creditors, but some clients prefer AM Best-rated carriers for traditional assurance. The ratings measure similar things (financial ability to pay claims), just through different methodologies. For Georgia clients who value AM Best specifically, we can place with Safeco, Travelers, or Nationwide instead.

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