AM Best Affirms Stable Outlook for GuideOne AM Best, the largest credit rating agency in the world specializing in the insurance industry, recently affirmed the Financial Strength Rating of A- (Excellent) and the Issuer Credit Rating of “a-” of the GuideOne Insurance Companies. The outlook of these ratings is stable. The Best’s Company Report, from July 5, 2022, highlights that “the management team responded to the poor underwriting results in previous years and took quick actions to de-leverage the balance sheet, reduce volatility and restore surplus.” Additionally, “the stable outlooks reflect the expectation that [GuideOne] will maintain its overall balance sheet assessment, supported by risk-adjusted capitalization at the strongest level, while ongoing strategic initiatives implemented by management will stabilize volatility in operating results over the intermediate term.” “This report shows indicators that we are building the strength of our underwriting skills, which will remain our focus over the coming years,” said Bernie Hengesbaugh, president and chief executive officer at GuideOne. “From this point forward, we are committed to being distinguished by our underwriting excellence, allowing us to deliver stronger products, intellectual capital and risk insights to our customers.” The Best's Report(s) reproduced on this site appear under license from A.M. Best and do not constitute, either expressly or implied, an endorsement of (Licensee)'s products or services. A.M. Best is not responsible for transcription errors made in presenting A.M. Best Reports. A.M. Best Report(s) are copyright © A.M. Best Company and may not be reproduced or distributed without the express written permission of A.M. Best Company. Visitors to this web site are authorized to print a single copy of the A.M. Best Report(s) displayed here for their own personal use. Any other printing, copying or distribution is strictly prohibited. Best's Ratings are under continuous review and subject to change and/or affirmation. To confirm the current rating, please visit the A.M. Best web site, www.ambest.com. ### About GuideOne Insurance Company GuideOne Insurance Company supports our policyholders’ goals by providing Nimble Solutions for Niche NeedsTM. GuideOne reached $1.06B in written premium in 2021, driven by a diverse portfolio of property and liability insurance and risk management solutions provided through GuideOne Insurance and GuideOne National. Our company is guided by our mission and our promise — We Help Make Positive Change Possible® — by protecting the people who strengthen and support our communities. Rated “A-” (Excellent) by industry analyst AM Best, GuideOne’s corporate headquarters are located in West Des Moines, Iowa. For more information, visit www.guideone.com. © GuideOne Insurance Company-2022. GuideOne and We Make Positive Change Possible are registered trademarks of GuideOne Insurance Company. All rights reserved. Media Contact GuideOne Insurance Corporate Communications Corporate-communications@guideone.com