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The History of A.M. Best Company
A.M. Best Company, founded in 1899 by Alfred M. Best, has grown steadily over the last century and continues to expand into the new millennium. Since its inception, the company has earned a reputation as The Insurance Information Source®.
The company first operated out of a single room in New York's financial district. In 1920, it moved to its own office building on nearby Fulton Street, where it remained for 45 years. By 1965, when larger offices were needed, the company moved to Morristown, NJ.
Rapid growth soon necessitated another move in 1974 -- this time to the company's present global headquarters in Oldwick, NJ. With a new wing constructed in 2000, the company doubled in size. To address the increasing globalization of the insurance industry, A.M. Best expanded into a worldwide operation and established A.M. Best Europe Ltd. in London in 1997 and A.M. Best Asia-Pacific in Hong Kong in 2000.
What started out as financial reporting in the early 1900s has grown to more than 50 publications and services that meet the diverse demands of the ever-changing insurance industry. Today, more than 400 analysts, statisticians and editorial personnel are dedicated to providing the insurance industry with the most complete, accurate and up-to-date financial and operating information.
A.M. Best's publications and services are produced on a variety of timetables to meet the needs of those who require details on every aspect of the complex insurance field. Statistical background for the publications comes from A.M. Best's database, the most comprehensive source of insurance company financial and operating figures available. Products are obtainable as printed publications, on CD-ROM and online.
In this ever-changing industry, one thing remains the same -- A.M. Best's commitment to providing timely, accurate and complete insurance information and services that meet the needs of this dynamic industry.
Find out when your A.M. Best product was first published in our Chronology of Events.
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