AM Best Assigns Credit Ratings to Fidelity Security Assurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Fidelity Security Assurance Company (Fidelity Assurance) (Kansas City, MO). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Fidelity Assurance’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile, appropriate enterprise risk management, and one notch of lift.
Fidelity Assurance is a property/casualty (P/C) professional liability insurance company with a program for educators. The company grew out of a desire for increased synergies and diversification with its affiliated company, Fidelity Security Life Insurance Company and Forrest T. Jones Co./FTJ Consulting Co, which is a national third-party administrator and broker. The company is expected to have modest growth as it executes its plan including exploring other ancillary P/C lines of business with similar synergies. Fidelity Assurance is expected to rely on its parent for services as it expands its business profile and future reinsurance. Additionally, it is expected that the parent company will aid in maintaining Fidelity Assurance’s risk-adjusted capital if needed.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250818410069/en/
Brent DeAngelis
Financial Analyst
+1 908 882 1730
[email protected]
Edward Kohlberg
Director
+1 908 882 1979
[email protected]
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
[email protected]
Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
[email protected]
Source: AM Best
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Align Climbs to No. 1,572 on the 2026 Inc. 5000
- CFP Board Connections Conference Offers a Wealth of Insights, Resources and Expertise for CFP® Professionals Entire Financial Planning Ecosystem Convenes in Las Vegas Oct. 5-7
- Automatic Garage Door Corporation: A Leading Garage Door Company Serving San Francisco Property Owners
Create E-mail Alert Related Categories
Business Wire, Press ReleasesRelated Entities
AM Best CompanySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share