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Zurich Honors Abacus with Pinnacle Award

Jul 01, 2020, Source: Abacus Insurance

Zurich has awarded Abacus the 2019 Pinnacle Award of Distinction.

The Pinnacle Award is presented to only one Program Administrator each year.

To qualify for the award, the program must meet the following requirements:

1. exceed plan by GWP by 5% or more;
2. loss ratio below plan by 1.5 points or more;
3. effective underwriting review;
4. effective compliance review;
5. effective financial review; and
6. profitability target met or exceeded.

The Pinnacle Award is determined by top achievement in gross written premium growth, loss ratio results and the overall quality of underwriting, compliance and financial reviews.