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Top Ratings Reveal Strength of New Ansvar
April 22nd, 2013
MEDIA RELEASE

A.M Best Asia-Pacific Limited this month awarded Ansvar Insurance, Australia’s leading insurance provider for the Community, Care, Education, Faith and Heritage segments, with a financial strength rating of A- (Excellent) and issuer credit rating of a-.  The insurance rating agency recognises the outlook for both ratings is stable.

“We have been faced with a number of challenges over the past few years and the ratings reflect the measures we have taken to de-risk our balance sheets, reduce the costs of our reinsurance programs and support our risk-adjusted capitalisation,” said Andrew Moon, CEO, Ansvar.

Ansvar Australia has recently overhauled the business, moving towards a broker-only model, and this process of being a wholly intermediated insurer is almost complete.

“Given the redirection of Ansvar, the ratings come as timely confirmation that we are on the right track in terms of continually improving our services. It also shows the refinement of our portfolio which has taken place over the past 12 – 18 months has been a success,” said Andrew.

“Brokers have been very supportive of the direction we’re headed in.  As a smaller insurer, we are able to be agile and provide exemplary service in a way that larger competitors cannot easily replicate,” said Andrew.

Facebook Feed

Ansvar Insurance

4 days 22 hours ago

We're so happy to support this brilliant program. A huge congrats to all of the graduates, it's very exciting 🙌🎖️☺️

Say hello to the latest graduates of our #CareerEdge program!

This program is all about delivering pre-employment training and work placement opportunities to youth in #Queensland.

✨ Thanks Ansvar Insurance for making this possible! ✨

#jobsforyouth #jobready #employment

Ansvar Insurance

1 month 9 hours ago

Another one of our 2017/ 2018 Community Education Program's that we're delighted to be supporting 🎖️☺️🙌

As part of the Ansvar Insurance 2017/18 Community Education Program, Hunter Life Education has been the proud recipient of grant funding for children in the Hunter region.

Ansvar's grant program helps NFP's such as ours to continue empowering lives of young people in the community. As a result of this grant, a number of disadvantaged Hunter schools will be receiving fully funded Life Education programs in 2018!

One of these schools was visited by Healthy Harold 🦒and the Life Education van last week at Coolongolook Public School.

Thank you again to the Ansvar team for your support in empowering Hunter kids to lead healthier and safer lives!!🙏

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