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Ratings
American Republic Insurance Company has earned an A rating for the year 2006 from A.M. Best Company, the foremost provider of insurance company financial ratings. An A rating is defined as Excellent and is the fourth highest among the fifteen possible rankings. The rating reflects the company on the whole, and not just certain individual products. The A rating represents a strong balance sheet, high operating performance, and a competitive business profile among leading companies.
Mission
Market driven and customer focused, American Republic Insurance Company is committed to providing affordable health care with high quality products and services that live up to expectations and to develop and maintain long-term relationships with consumers. With over 600 home office locations and more than 15,000 sales representative, managing agents, and personal agents, American Republic Insurance Company continues to grow in employee and financial strength.
History
The American Republic Insurance Company was established over 75 years ago and was founded just prior to the Great Depression. In 1929, Watson Powell launched 200 charter policies, and it was through his shrewd planning and responsible attitude that he was able to facilitate the survival of the fledgling company. By the close of the Second World War, he was able to expand beyond his home territory of Iowa and into Minnesota.
Today, American Republic Insurance Company continues to employ the sound financial practices that helped it succeed in its early days. It has become an industry leader with over 230,000 active policies encompassing a variety of health and life insurance products.
Today, American Republic Insurance Company continues to employ the sound financial practices that helped it succeed in its early days. It has become an industry leader with over 230,000 active policies encompassing a variety of health and life insurance products.
Community
American Republic has a strong belief in supporting community causes in the areas of art and culture, education, health and safety, hunger and homelessness, as well as urban and civic affairs. Employees of the company volunteer their time and efforts to various non-profit organizations and the company supports their efforts through cash contributions.
