United Educators Receives AM Best A (Excellent) Rating for 24th Consecutive Year
Bethesda, Md., Aug. 9, 2022 — United Educators Insurance (UE), a reciprocal risk retention group serving K-12 schools, colleges, and universities, is proud to announce that it has received an A (Excellent) financial strength rating for the 24th consecutive year from AM Best. UE also has had an a+ (Excellent) issuer credit rating since 2010.
AM Best stated that UE’s business profile is favorable due to a “leading market position and diversification of risk by region and type of institution.”
“In this era of uncertainty, UE is continuing its history as a financially stable partner for institutions seeking our education-specific expertise,” says Sean Barnes, UE’s Vice President Finance & Administration, Chief Financial Officer, and Chief Investment Officer. “We remain committed to helping the education community focus on its important mission by operating efficiently and implementing appropriate risk management practices.”
For the latest Best’s Credit Rating, access www.ambest.com.
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UE is education’s answer to the distinct risks and opportunities institutions face. UE provides liability insurance and risk management services to about 1,600 members representing K-12 schools, colleges, and universities throughout the United States. Founded in 1987 as a risk retention group, UE is owned and governed by the institutions it insures. UE addresses our members’ unique risks through thoughtful underwriting resulting in appropriate coverage.