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A.M. Best history
A.M. Best company history timeline
An indication of the growth of the business and the continuous elaboration of our reports is the fact that these two volumes, the fire-marine and casualty-surety, then and today contain over six times as many pages as our original 1900 volume covering fire, marine, casualty and surety companies.
In 1905, a quarrel broke out among officers of a large life insurance company, and this led up to an investigation by the New York Legislature through what became known as the Armstrong Committee.
1905 – Developed the first insurance company credit ratings.
1907 – Introduced Best’s Key Rating Guide – P/C and the first alphabetical credit rating scale.
The company acquired its own office building on nearby Fulton Street in 1920, where it did business for 45 years.
1929 – Introduced Best’s Recommended Insurance Attorneys.
1940 – Introduced Best’s Aggregates & Averages – P/C.
Shortly before his death, Alfred M. Best was appointed the Insurance Man of 1958 by the Federation of Insurance Counsel.
1964 – Introduced Best’s Financial Suite.
1975 – Introduced Best’s State Rate Filings.
1986 – Introduced BestESP electronic statement preparation software.
1994 – Held first AM Best's Annual Review & Preview Conference, a forum where insurance industry leaders address key issues and trends.
1997 – Established A.M. Best Europe – Rating Services Ltd. and A.M. Best Europe – Information Services Ltd. in London.
1999 – AM Best celebrated its 100-year anniversary.
2000 – Expanded Oldwick headquarters, more than doubling the facility from 100,000 square feet to 250,000+ square feet.
2008 – Introduced the desktop application for US property/casualty companies Best’s Capital Adequacy Ratio Model – P/C, US.
2011 – Launched what is now known as Best’s News & Research Service, providing comprehensive access to AM Best’s news and analytical content.
2012 – Established a branch of the London office in the Dubai International Finance Centre, UAE.
2012 – Held the first AM Best’s Insurance Market Briefing - Bermuda in Hamilton.
2013 – Introduced Best’s Capital Adequacy Ratio Model – Universal capital modeling tool for single and group insurance companies in the Life and Non-Life sectors.
2015 – Established A.M. Best Asia-Pacific (Singapore) Pte.
2019 – Introduced Best’s Financial Reports as part of the Best’s Insurance Reports subscription (now available individually online).
2020 – Released The AM Best Business Trilogy, a three-book series that explores how AM Best and its founder, Alfred M. Best, influenced the creation of the credit rating industry and its ongoing evolution.
2022 – Discontinued Best’s Key Rating Guide as part of the transition to new avenues for delivering Best’s Credit Ratings and other insurance company information.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Morgan Stanley | 1935 | $3.0B | 68,097 | 1,152 |
| Federal Deposit Insurance | 1933 | $5.5B | 5,977 | - |
| Gain Capital Holdings | 1999 | $742.8M | 801 | - |
| CME Group | 1848 | $6.1B | 4,500 | 41 |
| BNY Mellon | 2007 | $16.4B | 48,400 | 1,052 |
| Stifel Financial | 1890 | $49.8M | 7,100 | 149 |
| Citi | 1812 | $74.3B | 210,000 | 1,401 |
| Eaton Vance | 1924 | $1.7B | 1,871 | - |
| Chubb | 1882 | $36.0B | 31,000 | 1,061 |
| The Vanguard Group | 1975 | $6.9B | 17,600 | 259 |
A.M. Best history FAQs
Zippia gives an in-depth look into the details of A.M. Best, including salaries, political affiliations, employee data, and more, in order to inform job seekers about A.M. Best. The employee data is based on information from people who have self-reported their past or current employments at A.M. Best. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by A.M. Best. The data presented on this page does not represent the view of A.M. Best and its employees or that of Zippia.
A.M. Best may also be known as or be related to A. M. Best, A.M. Best, A.M. Best Co., Inc., A.M. Best Company, Inc., A.m. Best Company and AM Best.