Companion Life Earns A+ Financial Strength Rating from AM Best for 24th Consecutive Year

February 10, 2026

COLUMBIA, S.C. — Companion Life Insurance Company has earned an A+ (Superior) Financial Strength Rating from AM Best, marking more than two decades of consistent financial performance and operational stability.

AM Best is a respected global organization that evaluates the financial health of insurance companies. Its ratings consider factors such as capital strength, business performance, market position and risk management. An A+ rating shows that Companion Life has a strong ability to meet its obligations to policyholders and reflects steady management with a positive outlook.

This recognition for 24 consecutive years underscores Companion Life’s long-standing focus on financial discipline, sound operations, product and geographic diversification and dependable service for employers, brokers and members across the country.

“Receiving an A+ rating from AM Best reflects the strength of our company and the consistency of our performance,” said Andy Folsom, president of Companion Life Insurance Company. “It speaks to the trust our partners place in us and the work our team does every day to support our customers and deliver dependable coverage. We remain focused on serving our markets with experience and excellence.”

Companion Life offers a broad range of insurance products, including stop loss, dental, life, disability, vision, accident, gap, limited medical and critical illness coverage. The company distributes its products through owned divisions, managing general underwriters, third-party administrators and a nationwide network of brokers and agents.

Companion Life and its wholly owned subsidiaries, Companion Life of California and Niagara Life and Health, are collectively licensed in all 50 states and the District of Columbia, allowing the organization to support employers nationwide with consistent service and strong financial backing.

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About Companion Life

Headquartered in Columbia, South Carolina, Companion Life has specialized in employee benefits for more than 50 years. The company markets stop loss, dental, life, disability, vision, accident, gap, limited medical and critical illness insurance. These products are marketed through Companion Life’s owned divisions, managing general underwriters, third-party administrators and a network of brokers and agents. Companion Life, Companion Life of California and Niagara Life and Health together are licensed in all 50 states and the District of Columbia.

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