The History of A.M. Best Company

New York City office

Alfred M. Best  founded A.M. Best Company in 1899, operating out of a single room in New York's financial district. The company acquired its own office building on nearby Fulton Street in 1920, where it did business for 45 years. When larger offices were needed in 1965, A.M. Best moved out of New York to Morristown, NJ. Rapid growth soon necessitated another move in 1974 to the company's present global headquarters in Oldwick, NJ.

A.M. Best expanded into a worldwide operation to address the increasing globalization of the insurance industry. The company established the following offices abroad:

  • A.M. Best's London office in 1997
  • Two A.M. Best Asia-Pacific offices: Hong Kong in 2000 and Singapore in 2015
  • A.M. Best MENA, South & Central Asia in Dubai in 2012
  • A.M. Best América Latina, S.A. de C.V. in Mexico City in 2014

A.M. Best has received recognition for its leadership in providing objective rating services to the global industry for over ten consecutive years, including Best Rating Agency from Reactions Global Awards and Intelligent Insurer's Global Awards. It provides critical insurance insight and thought leadership through financial data and analysis; news coverage; underwriting, loss control and claims resources; and many other products.

In these changing times, one value remains constant:  A.M. Best's commitment to providing timely, accurate and complete insurance information and services that meet the needs of this dynamic industry.

Check out company milestones in our Chronology of Events.

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