| The Insurance Marketplace Standards
Association (IMSA) has renewed the membership of the Knights of Columbus as
an insurance industry leader in ethical standards and practices. IMSA, the
premiere standard-setting organization in the life insurance marketplace,
recognized the Knights of Columbus in a March 30, 2007, announcement.
The three-year renewal of qualification reflects the
commitment of the Knights of Columbus to be “fair, honest, and open in the
way they advertise, sell and service their products,” according to IMSA.
IMSA President and CEO Brian Atchinson congratulated
the Knights of Columbus for its “continuing commitment to high ethical
standards,” explaining that the IMSA qualification is a “demonstration of
their dedication to serving customers with honesty and integrity.”
The Knights of Columbus also holds the highest ratings
from A.M. Best Company (A++ Superior) and Standard & Poor’s (AAA Extremely
Strong), independent analyst organizations that evaluate the financial
strength of life insurance companies. The Knights of Columbus is one of only
four insurers in North America to simultaneously earn IMSA certification and
top ratings from both A.M. Best and Standard & Poor’s.
Supreme Knight Carl A. Anderson expressed satisfaction
with the renewed IMSA qualification, saying that “the Knights of Columbus,
throughout its 125-year history, has always placed the needs and care of its
members and their families as its first priority.” He noted that by holding
firmly to its principles, “the Knights of Columbus continues to rank among
life insurance industry leaders in sound and ethical practices.” |