New York, NY – December 18, 2020 – Kroll Bond Rating Agency (KBRA) assigned an insurance financial strength rating (IFSR) with a Stable Outlook to Coefficient Insurance Company (Coefficient or CIC). Coefficient is a recently established accident and health insurer that will focus on the employer stop-loss (ESL) market.
Oldwick, New Jersey – October 23, 2020 – AM Best has assigned a Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” to Coefficient Insurance Company (headquartered in South San Francisco, CA) (Coefficient). The outlook assigned to these Credit Ratings (ratings) is stable.
Columbus, Ohio – Oct. 8, 2020 – Coefficient Insurance Company, a subsidiary of Verily Life Sciences, an Alphabet company, has earned a Financial Stability Rating® (FSR) of Aʺ, A Double Prime, Unsurpassed, from Demotech, Inc., the first rating agency to review and rate independent, regional, and specialty carriers.