Unity Financial Receives Upgrade From AM Beset

April 25, 2025.  Unity Financial Life Insurance Company, Cincinnati, Ohio, is pleased to announce that the primary rating agency for the insurance industry, AM Best, has given the company an upgrade to its Credit Rating.  A year ago, AM Best awarded a “positive” change in outlook, with the understanding the company would be in line for an upgrade if business results remained strong.  After back-to-back record results in 2023 and 2024, Unity Financial received its upgrade. The Credit Rating for the company is now BBB+.

AM Best noted the Company’s Balance Sheet Strength was “Strong”, noting the “high quality investment grade bond portfolio”, and that the “2024 BCAR model is projected to increase to the Very Strong level”.

Jay Hardy, President and CEO of Unity Financial, said “We are pleased that AM Best sees our positive results over the last several years the same way we do. The growth in all  our profit centers has been aided by strategic changes in the last several years that have led to growth in both Assets and Surplus.  The future is bright at Unity Financial, as we are looking forward to another great year in 2025.”

Unity Financial is a leading provider of Medicaid compliant life and annuity products in the US.  Based in Cincinnati, Ohio, the company was founded in 1964 and has been family owned and operated since 2001.