Surplus Austin's ratio of net premium written to policyholder
surplus is among the best in the industry. This ratio reflects the superior financial
strength and capitalization of the company.
Reinsurance As additional security for policyholders, the company
carries a comprehensive reinsurance program with strong, stable reinsurance companies.
In addition to increased safety for policyholders, reinsurance makes it possible
for the company to write larger lines.
Austin Mutual strongly supports the American Agency System, believing that policyholders
are best served by agents who can select from a variety of companies for their insurance
needs. Conservative management practices have enabled the company to provide a stable
market for agencies, with equitable commissions and rate structures, avoiding the
pitfalls of industry fluctuations. Agents know they can count on Austin for consistent
and fair underwriting, competitive rates and prompt claims handling.