NJM Recognized as a 2024 Ward’s 50® Top Property and Casualty Insurance Company
July 17, 2024WEST TRENTON, NJ — For the third year in a row, NJM Insurance Group has been named as a Ward’s 50 Company by Ward, a business unit of Aon plc and a leading benchmarking provider for the insurance industry. This recognition places NJM Insurance as a top-performing company nationally in the insurance industry.
“NJM is committed to maintaining the highest levels of financial stewardship, so we are honored to receive this recognition,” said Mitch Livingston, NJM President & CEO. “Our placement as a top performer among insurance companies is a testament to our team’s hard work and dedication to operating for the exclusive benefit of our policyholders.”
This prestigious group of fifty companies is chosen from almost 3,000 property casualty insurers headquartered in the U.S., following a review of their financial performance by Ward. Each company on the list has passed all safety and consistency screens and achieved superior performance over the five years (2019–2023) analyzed.
In its benchmarks and best practices studies, Aon’s Ward analyzes staff levels, compensation, business practices, and expenses for all areas of company operations and helps insurers measure results compared to peer groups, optimize performance, and improve profitability. Visit ward.aon.com for more information.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.
About NJM Insurance Group
Founded in 1913, NJM is among the Mid-Atlantic’s region leading property and casualty insurers and has maintained AM Best’s Financial Strength Rating of A or higher for over 70 years. The Company operates in a mutual fashion for the exclusive benefit of its policyholders and is consistently recognized for its award-winning customer service, superior claims handling procedures, and overall customer satisfaction. NJM’s personal insurance products are available direct to consumers in Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania. The Company also works with a preferred network of independent agents to deliver business insurance in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania. Visit njm.com to learn more.