ICW Group Recognized Among Ward's 50 Top Insurance Firms for 2025
On July 9, 2025, ICW Group Insurance Companies proudly announces its inclusion in the highly esteemed Ward's 50 list, showcasing the elite top-performing property and casualty insurance companies in the industry. This recognition marks an impressive milestone, as ICW Group secures a spot for the 11th consecutive year and the 19th time overall. Such an achievement reflects the company’s unwavering commitment to delivering outstanding financial strength and consistent long-term performance.
Ward Benchmarking, a division of Aon, conducts an annual analysis of nearly 3,000 property and casualty insurance companies based in the United States. Through meticulous examination of financial results over a five-year period, Aon identifies firms that demonstrate superior stability and performance. To be recognized in this exclusive group, companies must showcase solid financial results, highlighting their reliability and capacity to maintain robust underwriting results despite varying market conditions.
Kevin Prior, the CEO of ICW Group, commented on this significant achievement, stating, “Being part of the Ward's 50 for well over a decade is a clear reflection of the extraordinary work and dedication of the entire team at ICW Group. It also underscores the trust our agents, brokers, and policyholders place in us, and our ongoing commitment to earning it every day.” This sentiment echoes the collective efforts of the employees who contribute to the company’s success in various capacities.
In addition, ICW Group has recently announced the launch of a new business unit named ICW Specialty under VerTerra Insurance, which serves as ICW Group’s Excess and Surplus lines insurer. This strategic move positions ICW Group to broaden its market offerings, aligning with their commitment to growth and diversification. Mark Moitoso, President of ICW Group, expressed optimism regarding this new venture, saying, “Achieving a place on the Ward's 50 list reinforces our strong market position as we advance our strategic priorities around growth and diversification of our offerings. As we broaden our scope to deliver even greater value to our partners and customers, this accomplishment signals that we're well-positioned for future success.”
The recognition in the Ward's 50 list serves as validation of ICW Group’s efforts and stability, paralleled with their ambitious goals of expanding their services and ensuring customer satisfaction. The accomplishment also emphasizes their commitment to nurturing trust among agents, brokers, and policyholders, crucial components of the insurance industry.
As a leading national and multi-line property and casualty insurance company, ICW Group encompasses a group of carriers, including the Insurance Company of the West, Explorer Insurance Company, and VerTerra Insurance. This conglomerate strives to create the optimal insurance experience for their customers while maintaining a strong network of independent agents and broker partners.
For further information about ICW Group and its service offerings, visit their official website at
www.icwgroup.com. This accolade not only highlights the company’s credibility in the industry but also sets a strong foundation for its future endeavors as it aims to provide enhanced value and innovation in insurance solutions.