Financial Strength

We’re built to be Prepared

When you buy a policy from Prepared, you are placing your home in our hands. That’s why we’re open and honest about our financial strength to keep you covered in the event of a disaster. We work hard to balance risk and capital issues while striving to offer competitively priced products.

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Reinsurance Coverage

Our financial strength is based on the ability to handle claims following catastrophic as well as day-to-day events. We take this responsibility seriously and have partnered with TigerRisk Partners, a leading worldwide, reinsurance brokerage to place our annual Catastrophe Loss Reinsurance Program. We obtain reinsurance from multiple insurance carriers based all over the world to protect our policyholders in a 100 year storm or multiple smaller events in a single year.
Reinsurance Carrier (U.S.) A.M. Best Rating
American Agricultural Insurance Company
A
Everest Reinsurance Company
A+
Odyssey Reinsurance Company
A
Quantedge (Tokio Millennium Re)
A++
Transatlantic Reinsurance Company
A+
Reinsurance Carrier (Bermuda) A.M. Best Rating
Chubb Tempest Reinsurance Company Ltd.
A++
DaVinci Reinsurance Ltd.
A
Elementum Re Ltd. (Tokio Millennium Re)
A++
Endurance Specialty Insurance Limited
A+
Greenlight Reinsurance, Ltd.
A-
Markel Bermuda Limited
A
Neon Underwriting Bermuda Ltd. o/b/o Neon Syndicate 2468
A
Nephila Capital Ltd. (2)
A
Partner Reinsurance Company Ltd.
A
Partner Reinsurance Company Ltd.
A
Renaissance Reinsurance Ltd.
A+
Securis ILS Management Ltd. (Tokio Millennium Re)
A++
XL Bermuda Ltd.
A
Reinsurance Carrier (London) A.M. Best Rating
Ascot Underwriting BDA o/b/o American International Reinsurance Company Limited
A
CATCo Re Ltd. (Hannover Rueck SE)
A+
General Insurance Corporation of India (via ACE Insurance Brokers)
A-
Lloyd’s Syndicate 0382 Hardy
A
Lloyd’s Syndicate 0435 Faraday
A
Lloyd’s Syndicate 1084 Chaucer
A
Lloyd’s Syndicate 1414 Ascot
A
Lloyd’s Syndicate 1458 (Ren Re)
A
Lloyd’s Syndicate 1729 Dale
A
Lloyd’s Syndicate 1969 (Apollo)
A
Lloyd’s Syndicate 2001 Amlin
A
Lloyd’s Syndicate 2003 (Catlin)
A
Lloyd’s Syndicate 2007 (Axis)
A
Lloyd’s Syndicate 2010 (Cathedral)
A
Lloyd’s Syndicate 2007 (Neon)
A
Lloyd’s Syndicate 2007 (Beazley)
A
Lloyd’s Syndicate 2007 (MAP)
A
Lloyd’s Syndicate 2007 (Markel)
A
Lloyd’s Syndicate 2007 (Blenheim)
A
MS Amlin AG
A
Pioneer CAT obo Peak Reinsurance Co. Ltd.
A-
Pioneer CAT obo Taiping Reinsurance Co. Ltd.
A

Prepared Insurance Company is rated ‘A Exceptional’ by Demotech, Inc.