26 Sep Synergy Comp Insurance Company AM Best Rating of “A” Reaffirmed
AM Best has reaffirmed Synergy Comp’s Financial Strength Rating of AM Best “A” (Excellent), and the Long-Term Issuer Credit Rating to AM Best “a” (Excellent). The outlook of these financial and credit ratings is stable.
The ratings reflect Synergy Comp’s balance sheet strength, which AM Best Rating assesses as very strong, as well as its strong operating performance, business profile, and appropriate enterprise risk management.
“This financial strength rating reflects the work that Synergy Comp has done over the years in creating safer workplaces, adjudicating claims fairly, and maintaining 100% compliance with transitional return to work,” stated CEO, Lew Kachulis as he announced Synergy Comp’s recent success to the Team. “Synergy Comp is well-positioned to continue its growth while staying true to our model of reducing expenses and helping injured employees return to work, and we look forward to building on this success as we move into the future.”
Synergy’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is categorized as “strongest” reflective of the modest underwriting and investment leverage measures, sound liquidity ratios, and organic surplus growth achieved through sustained strong operating performance that has driven retained earnings.
What’s next? Reach out to our team today to discuss your prospect and client accounts to see how you can best place their workers’ comp risk with a partner that can deliver results.
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*Information pulled directly from the AM Best website as of 8/29/2025.
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