A.M. Best Reaffirms GuideOne’s “A” (Excellent) Rating

WEST DES MOINES, Iowa – June 17, 2014 – GuideOne Insurance announced today that its “A” (Excellent) rating and stable outlook from A.M. Best Company have been reaffirmed. GuideOne’s rating has consistently been ranked in the “Excellent” category since the early 1990s.

“We were pleased to receive this reaffirmation from A.M. Best,” said Jim Wallace, GuideOne chairman, president and chief executive officer. “It is a testament to the strength of our company, including the top-line growth we experienced in 2013 that was far above industry expectations.”

In issuing its report, A.M. Best cited GuideOne’s strong capitalization, overall favorable operating results, and established market presence in its core niche markets.

According to Best, “The rating further acknowledges the group’s experienced management team, conservative operating philosophy, growing use of sophisticated predictive analytic modeling tools and sustainable competitive advantages due to its prominent position within its niche market, particularly in terms of pricing, claims adjusting and loss control. GuideOne’s positive attributes are derived from its disciplined underwriting approach, conservative investment strategy, long-standing relationships with its agents and strong recognition among the religious community. GuideOne’s excellent reputation, along with its dedicated service capabilities, has enabled it to sustain strong market penetration and maintain high policyholder retention rates.”

About GuideOne

Founded in 1947 and headquartered in West Des Moines, Iowa, GuideOne Insurance is one of the nation’s largest church insurers, with more than 46,000 church policyholders. GuideOne also insures private schools and higher education institutions, nonprofit organizations, as well as senior living communities. In 1999, the company created the GuideOne Center for Risk Management® in order to help churches and faith-based organizations safeguard their ministries. This effort was expanded in 2008 with the launch of SafeChurch®, the most comprehensive church risk management online resource available. GuideOne is licensed to do business in all 50 states and markets its products and services through nearly 3,000 independent and career agents. The company carries an A “Excellent” rating from A.M. Best. For more information, visit GuideOne.com.