COLUMBUS, Ohio, April 8, 2019 /PRNewswire/ — Demotech is pleased to announce its exclusive interview on Worldwide Business with kathy ireland.® Airing on Fox Business Network as sponsored content, Joe Petrelli, President and Sharon Romano Petrelli, Vice President discuss how their company is evaluating and identifying hundreds of stable insurance company options that may have otherwise been overlooked.
According to Sharon Romano Petrelli, CPCU, AIAF, ARC, CCP, “Demotech was the very first to review and rate independent regional and specialty insurance companies. This is important because they represent over 55% of the insurance industry and were being ignored.”
When Kathy Ireland asked what motivated Demotech to do this, Joe Petrelli, ACAS, ASA, MAAA, MBA, responded, “The legacy insurer rating organizations were unable or unwilling to do it, so we said, let’s do it. We had the insurance professionals and credentialed people on staff that understood the insurance business and the workings of an insurance company. There was a need in the marketplace and the legacy rating agencies were ignoring them.”
The company was recently named Best Evaluator of regional specialty companies, and has been awarded the Niche Financial Analysis Provider – Insurance for the past five years.
“Knowing we have a resource that can provide in-depth ratings of an insurance provider opens the doors to options,” says J.L. Haber, Vice President of Programming for Worldwide Business. “This helps put the knowledge back into the consumers’ hands, giving them autonomy to make their own decisions.”
For more information about Demotech, visit www.demotech.com and tune in to Fox Business Network as sponsored content on Sunday, April 14, 2019 at 5:30pm EST and Bloomberg International on Saturday, April 13, 2019 at 7:30pm GMT and Sunday, April 14, 2019 at 10:30am D.F. and 3:00pm HKT. Visit www.tvwwb.com for airing schedules or check local listings. This show airs as sponsored content.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters. FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer. Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Visit www.demotech.com for more information.
About Worldwide Business with kathy ireland®
Worldwide Business with kathy ireland® is a weekly half-hour show featuring global executives sharing their business insights and framing the opportunities shaping their industries. The show is hosted by Kathy Ireland. It broadcasts on Fox Business Network as part of their sponsored content line up and globally on Bloomberg International. Worldwide Business with kathy ireland® extends beyond the weekly on-air program with digital content delivered on various video platforms and across social media.
SOURCE Demotech, Inc.