WINDSOR, Conn.--(BUSINESS WIRE)--For the second consecutive year, Vantis Life Insurance Company, an industry-leading life insurance provider for mid-market and emerging affluent consumers, has been awarded an A (Excellent) credit rating with a stable outlook by A.M. Best.
Vantis Life’s Long-Term Insurer Credit Rating (Long-Term ICR) has also been affirmed as “a” with a positive outlook.
A.M. Best’s decision to maintain Vantis Life’s A (Excellent) credit rating was a result of its strong balance sheet, operational performance, business profile and Enterprise Risk Management (ERM).
“Now in our second year as part of the Penn Mutual organization, Vantis Life has broadened its distribution to middle-income customers and upgraded life insurance offerings with cutting-edge technology,” said Peter Tedone, President and CEO of Vantis Life. “It’s for these reasons that A.M. Best affirmed our institution’s credit rating as A (Excellent) with a stable outlook for the second year in a row.”
A.M. Best is the world’s oldest and most authoritative insurance rating and information source.
About Vantis Life
Established in 1942, Vantis Life Insurance Company’s primary goal is to provide families affordable life insurance products. Vantis Life markets its products through financial institutions and direct to the consumer. The Company prides itself on providing simple, easy-to-afford products to middle-income American families and supporting these products with attentive and personal customer service. Vantis Life is a separately operated subsidiary of The Penn Mutual Life Insurance Company.