Delta Earns Third ‘Excellent’ from AM Best

Delta Earns Third ‘Excellent’ from AM Best

Delta Insurance Group is excited to share that, for the third year in a row, we've earned a PA-2 (Excellent) assessment from AM Best, the well-known global credit rating agency based in New Jersey.

Back in 2022, Delta was the first MGA in the Asia Pacific to go through AM Best’s thorough assessment. Two years later, our specialised approach to underwriting and risk selection continues to drive strong and positive results. AM Best’s rating highlights our strong underwriting capabilities, solid governance, robust financial health, talented team, and long-lasting relationships with brokers.

Over the past year, we've expanded our team and made significant investments in our own technology to help us expand into new regions and strengthen ties with our brokers. AM Best has recognised our efforts to boost underwriting skills through professional development, which has contributed to our impressive employee retention over the past decade.

Kent Chaplin, Group CEO, says, "The positive outcome of this assessment, three years running, reflects our team's values and commitment to excellence. Brokers trust our expertise and value our outstanding level of service. This is fundamental in building strong relationships and puts us in a unique position to continue expanding our risk offerings."

AM Best notes that our governance and internal controls are excellent, pointing out our sophisticated approach to selecting capacity providers and improving our products and coverage. Chaplin adds, "Good governance is imperative in our industry. We do the right thing by our customers and partners," says Chaplin, adding that "Delta is here to build resilience, we innovate, and we lead the way. Our commitment to excellence is unwavering, and it should reassure our stakeholders of our continued growth."

For the latest Performance Assessment, access www.ambest.com.