"Our ‘A’ rating is important to our brand", says CEO Douetil

Brit Insurance Holdings has welcomed the decision by AM Best to confirm the ‘A’ (Excellent) financial strength rating for the group’s principle insurance company subsidiary, Brit Insurance Limited (BIL).

Dane Douetil, chief executive officer, commented: “This is the 6th consecutive year that AM Best has rated BIL ‘A’ (Excellent) during which the company has grown from a small specialist reinsurer to a well-known and respected general re/insurer writing over 80 classes of business and with an established network of UK offices.

“Our ‘A’ rating is important to our brand and I am delighted that once more it has been independently recognised that our strategy is working and that it justifies an excellent Financial Strength Rating. ”