Demotech Affirms the Financial Stability Rating® Assigned to Hartwell Insurance Company

Columbus, Ohio, April 12, 2024: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Hartwell 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 Hartwell Insurance Company

Hartwell Insurance was formed on January 13 2016.  The Company is a highly specialized insurer that looks to write Primary Layers across a number of classes ranging from Dealers Open Lot to Hired and Non-Owned Auto, Rental Payment Protection, Cannabis Growers, Habitational programs and more.  Utilizing their unique approach to underwriting Hartwell is able to accept low level primary layers and share profits with brokers and clients.  Hartwell adopts a very careful underwriting approach to the acceptance of risk and can create bespoke solutions to every client’s need.  Although licensed and registered as a PCCIC in the State of Tennessee because of their unique approach the company is able to write business nationwide.  Hartwell’s mantra is to help the broker get his client the best terms possible.  Whether it’s primary layers or Captive Cell solutions, Hartwell is able to deliver.  As they always say: others talk about innovation, we do innovation.

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.  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 450 insurers operating in the US.  As of 7/11/2022, Demotech, Inc. is registered with the U.S. Securities and Exchange Commission (SEC) as a nationally recognized statistical rating organization (NRSRO) in the class of ratings for insurance companies.  Visit for additional information.

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