This year, Rockford Mutual Insurance Company celebrates our 115th year. Since its beginnings, the company has carried on a proud partnership with our independent agents and farm mutuals. Our goal is to provide the very best service possible and to be your choice in companies.
As I begin this new role, I would like to share my thoughts. Although 2010 will come in with a combined loss ratio of just over 106, we were able to add to surplus and had solid premium growth. There is still great opportunity for profitable growth, and we intend to earn your good business.
Our focus is on putting the experience of 2010 behind us and returning to a combined loss ratio under 100 percent. We recognize the market is not turning yet, and don’t see that happening this year in commercial lines. We also recognize that we must grow policy count and surplus along the way.
A company is only as good as the people that work there, and Rockford Mutual has a fantastic team to help you. That is one of the strengths that we will leverage to work with you to help you be more successful – despite the market. We have knowledgeable, experienced underwriters, great claims service, a solid portfolio of products and associates that want to help you.
In closing, I want to say that It has been a pleasure working with Bill throughout this transition. As you know, his official retirement date is March 31st. We all wish Bill the very best in his retirement and appreciate the many contributions and sacrifices he has made in the success of Rockford Mutual.
Thank you for your support,
Joseph DeChatelets
President/CEO
President/CEO
No comments:
Post a Comment