NJM recognized as Top 50 property and casualty insurance company

NJM Insurance Group in West Trenton. (File photo)

NJM Insurance Group has been selected as a Top 50 performing company in the insurance industry by Ward, a business unit of Aon and a leading benchmarking provider for the insurance industry.

As a Property-Casualty Ward’s 50 company, NJM gains national recognition for its commitment to financial stewardship.

“It is an honor for NJM to be included as one of the top-performing property and casualty insurers in the U.S.,” NJM CEO Mitch Livingston said. “Our mission is to operate for the sole benefit of our policyholders, and this recognition is further confirmation that we are achieving that goal.”

This prestigious group of 50 companies is chosen from almost 2,900 insurers headquartered in the U.S., following a review of their financial performance by Ward. Each company on the list has passed all safety and consistency screens and achieved superior performance over the five years (2017-2021) analyzed.

In its benchmarks and best practices studies, Aon’s Ward analyzes staff levels, compensation, business practices and expenses for all areas of company operations and helps insurers measure results compared to peer groups, optimize performance and improve profitability.