Today the AM Best Company published a release announcing that they have upgraded Unity Financial’s Financial Strength rating from B+ to B++.
AM Best noted the positive outlook reflects Unity Financial’s consistent marketing approach, positive net operating performance, good risk-adjusted capitalization, and a high quality investment portfolio. Best also noted that the Hardy, LLC acquisition of all of the shares it did not previously own stabilizes the ownership of the company.
Tom Hardy, Unity Financial’s President and CEO, stated that he appreciates AM Best’s confidence in the company’s results and prospects. He noted that 2010 and 2011 were excellent years for Unity Financial and that 2012 is almost certain to set new records in almost every area. Substantially every financial statistic for the company has improved every year since 2002.
Unity Financial is a leading provider of life insurance for pre-need funeral funding and for funeral trust insurance. From its headquarters in Cincinnati, Ohio, the company serves customers throughout the country with licenses in 45 states plus the District of Columbia.
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