AM Best
| Company type | Private |
|---|---|
| Industry | Credit rating agency, Insurance industry |
| Founded | January 1, 1899 |
| Founder | Alfred M. Best |
| Headquarters | Oldwick, New Jersey , United States |
Area served | United States, Europe, Pacific Rim, Latin America |
| Products | Financial-strength ratings, Best's Recommended Insurance Attorneys & Adjusters, BestWeek, Best's Review, BestWire |
| Owner | Privately owned |
| Website | www |
A.M. Best Company, Inc. is a credit rating agency located in the United States, with its main office situated in Oldwick, New Jersey. The firm concentrates on the insurance industry and holds the designation of a Nationally Recognized Statistical Rating Organization (NRSRO), as acknowledged by both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners.
Business
AM Best specializes in issuing financial-strength ratings that evaluate the capacity of insurance firms to fulfill their claims commitments. Additionally, it assigns ratings to financial products issued by insurers, such as bonds, notes, and securitized instruments.
The company offers multiple publications tailored for insurance sector professionals. Its premier publication is Best's Recommended Insurance Attorneys & Adjusters. Other significant products include BestWeek, a weekly newsletter; Best's Review, available monthly in both digital and print formats; and BestWire, a digital news platform.
History
Established in 1899 by Alfred M. Best in New York City, this privately owned company moved to Morristown, New Jersey, in 1965 before settling in Oldwick in 1974. It maintains offices internationally, including locations in London, Hong Kong, Dubai, Mexico City, Singapore, and operates a news bureau situated in Washington, D.C.
Although its primary recognition is within the United States, A.M. Best has broadened its operations throughout Europe, the Pacific Rim, and Latin America. The London location houses A.M. Best Europe—Rating Services and Information Services. Its Asia-Pacific presence is anchored by offices in Hong Kong and Singapore, while the Latin American market is served from Mexico City. To enhance its footprint in Europe, A.M. Best recently inaugurated a Ratings Services office in Amsterdam.