The “A” (Excellent) rating of First Guard reflect its solid risk-adjusted capitalization and balance sheet liquidity as well as history of excellent underwriting and operating profitability. First Guard’s expertise in the trucking physical damage market for leased owner-operators coupled with prudent underwriting standards, immediate attention to operational issues and a conservative operating strategy continues to play a strong role in long-term profitability and stability.
A reduction in claim activity and loss experience for the latter part of 2011 resulted in sound underwriting profits and this trend has continued into 2012. Solid underwriting capability in conjunction with a conservative operating strategy reassure A.M. Best analysts that First Guard Insurance Company will continue to produce favorable operating results.
“First Guard Insurance Company has stayed true to an underwriting discipline that speaks to our consistently profitable results,” stated Chairman Ed Campbell III. “Surplus has grown by a factor of over ten since the company's founding. While we hope the economic environment improves, we feel well positioned for profit and growth regardless the state of the economy."
About First Guard
Insurance Company
First Guard Insurance Company, rated “A” by AM Best, provides
physical damage and non-trucking liability insurance to leased owner
operators. First Guard is the only
specialty truck insurer in the country that does not market through independent
insurance agents. First Guard Insurance
Company is an affiliate of 1st Guard Corporation, based out of
Venice, Florida. 
