BATON ROUGE, La. (September 4, 2018) — LWCC has been named to the 2018 Ward’s 50 group of top-performing property-casualty insurance companies by Aon plc, which is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Ward is the leading operational and compensation benchmarking and best practices service for insurance companies.
“Once again, we are honored that Ward's 50 has recognized LWCC as a top performer," stated LWCC President and CEO Kristin Wall. “It is our purpose of helping Louisiana thrive that drives everyone at LWCC to do our best every day. We are pleased to receive this national designation which demonstrates our financial strength and commitment to the businesses and hardworking employees of Louisiana.”
LWCC is recognized for achieving outstanding results in the areas of safety, consistency and performance over a five-year period, 2013-2017. This is the thirteenth time since its inception that LWCC has been recognized with this honor. Each Ward’s 50 company has passed all safety and consistency screens and achieved superior performance over the five years analyzed.
“In selecting the Ward’s 50, we identified companies that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results,” said Jeff Rieder, partner and head of Ward benchmarking at Aon.
Ward analyzes nearly 3,000 property-casualty companies domiciled in the United States to identify top performers. The full list of the Ward’s 50 top performers are featured on the Ward Group website at ward.aon.com.
LWCC, headquartered in Baton Rouge, Louisiana, is a private, nonprofit mutual insurance company that is rated “A” (Excellent) by A.M. Best. As the largest writer of workers’ compensation insurance in Louisiana, LWCC employs over 240 people and serves over 20,000 policyholders in the state. With a disciplined approach and intense focus, LWCC’s vision is to be recognized as the best workers’ compensation carrier for its people, performance, partnerships and positive impact on the economy and community. The Better Business Bureau recognized LWCC with its prestigious Douglas Manship, Sr. Torch Award for Ethics in Business in 2014. Named to the 2018 Ward’s 50 group of top-performing insurance companies, LWCC was recognized for achieving outstanding results in the areas of safety, consistency and performance over a five-year period, 2013-2017. Last year, LWCC was pleased to be named as one of the 2017 Best Places to Work in Baton Rouge by Best Companies Group. For more information on the Corporation and its services, please visit www.lwcc.com.
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
About Ward Benchmarking
Ward is the leading provider of benchmarking and best practices studies for the insurance industry. Ward analyzes staff levels, compensation, business practices, and expenses for all areas of company operations and helps insurers to measure results compared to peer groups, optimize performance, and improve profitability. For more information, please visit ward.aon.com.
LWCC Media Contact: Jennifer Vaccaro, (225) 924-7788, JVaccaro@lwcc.com