Demotech Affirms the Financial Stability Rating® Assigned to Inspirien Insurance Company


Columbus, Ohio, February 3, 2021: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Inspirien Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About Inspirien Insurance Company

Inspirien Insurance Company has provided insurance products and services to the healthcare community in Alabama for over 15 years with a focus on risk mitigation and protection. The company’s solutions are built around the way their customers’ work and what they need. It’s a commitment to help improve customers’ outcomes as well as their bottom line.

In 2016, the company restructured making Inspirien Insurance Company (rebranded from Coastal Insurance Company) a subsidiary of Inspirien Holding Corporation. The insurance company boasts solid financial strength in its premium to surplus ratio due to its successful underwriting, risk management and claims administration in the fields of medical professional, general and excess liability and workers’ compensation coverages. The company also offers a separate cyber product underwritten by Ascent.

Having the insurance company as a subsidiary to the holding company continues to position the company for its plans related to product and geographic expansion.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable, and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.  Visit www.demotech.com for additional information.

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