For the second consecutive year, West Trenton-based NJM Insurance Group has been selected as a top performing company in the insurance industry by Ward, a business unit of Aon plc 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 and operational excellence.
“It is an honor for NJM to once again be included as one of the top-performing property and casualty insurers in the U.S.,” Mitch Livingston, NJM president and CEO said. “Our longstanding mission is to operate for the sole benefit of our policyholders, and this continued recognition is 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 (2018-2022) 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.
For more information about the Ward’s 50 analysis please click here.