Demotech Affirms the Financial Stability Rating® Assigned to Freedom Advantage Insurance Company

Columbus, Ohio, January 7, 2022: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Freedom Advantage 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 Freedom Advantage Insurance Company

Freedom Advantage Insurance Company (“Freedom”) was incorporated in the state of Pennsylvania as a stock property and casualty insurance company and granted its authority to write workers compensation coverages effective January 1, 2004. Freedom’s primary focus is to provide workers’ compensation insurance for transportation risks, who traditionally have had limited market options. The company’s intent is to continue to do this through both the soft and hard market cycles. Freedom’s services are geared to clients that don’t have a fixed workplace and the company is sensitive to the higher public risk their clients have than other company sectors.

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 for additional information.

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