Security Benefit Named to Ward’s 50® Companies List in the Life-Health Segment
July 18, 2023 by Security Benefit
TOPEKA, Kan.–(BUSINESS WIRE)–Security Benefit Life Insurance Company has again been named to the Ward’s 50® list for 2023. The Ward’s 50® companies rank as the top performing life-health companies based on Ward’s annual analysis of nearly 700 life-health firms in the insurance industry domiciled in the U.S. Security Benefit Life passed all safety and consistency screens and achieved superior performance over the past five years analyzed.
“Being named to the Ward’s 50® list once again is a great honor,” said Doug Wolff, Chief Executive Officer at Security Benefit. “Ward has recognized our outstanding financial results in the areas of safety, consistency, and performance over the past five-year period (2018-2022). It is indicative of what it takes to become a leader in the U.S. retirement market, and also of our ongoing commitment to our distribution partners and their clients.”
Competing in the U.S. insurance industry is challenging. Top performers like Security Benefit Life Insurance Company have excelled at managing expenses and the efficiencies of our operations.
About Ward Benchmarking
Ward Benchmarking, a business unit of Aon, 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. To be awarded the Ward’s 50® designation, insurance companies must pass minimum thresholds of performance, pass financial stability requirements, and show their ability to grow while maintaining strong capital positions and underwriting results. For more information, go to ward.aon.com/ward-benchmarking/wards50.
About Security Benefit
Security Benefit Corporation (“Security Benefit”), through its subsidiary Security Benefit Life Insurance Company (SBL), a Kansas-based insurance company that has been in business for more than 131 years, is a leader in the U.S. retirement market. Security Benefit together with its affiliates offers products in a full range of retirement markets and wealth segments for employers and individuals and held $47.6 billion in assets under management as of December 31, 2022. Security Benefit, an Eldridge business, continues its mission of helping Americans To and Through Retirement®. Learn more at www.securitybenefit.com and follow us on LinkedIn, Facebook or Twitter.
Annuities are issued by SBL in all states except New York.
Contacts
Media:
Michael Castino, Director of Public Relations, Security Benefit
michael.castino@securitybenefit.com
