Skyward Specialty: Honored as a Top Employer in Insurance

Recognition of Excellence at Skyward Specialty

Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD), a prominent player in the specialty property and casualty (P&C) insurance market, has achieved significant recognition as one of the "Best Places to Work in Insurance" for 2024. This accolade, awarded by Business Insurance and Best Companies Group, marks Skyward Specialty's second consecutive year of receiving this prestigious honor. This recognition highlights the Company’s commitment to fostering a workplace culture that prioritizes innovation, inclusion, and personal growth.

Understanding the Award Process

Business Insurance collaborates with Best Companies Group to identify employers demonstrating exceptional employee engagement and satisfaction. Through comprehensive evaluations, including results from engagement surveys, they recognize organizations dedicated to attracting, developing, and retaining talented individuals through valuable employee benefits and programs.

Employee Testimonials and Company Culture

Tom Schmitt, Chief People and Administration Officer, expressed his pride in the Company’s achievements, stating, "To be recognized for a second year in a row is a testament to the dedication and hard work of the entire Skyward Specialty team. Our strong emphasis on creating an engaged culture with a supportive work environment is instrumental in achieving this recognition once again." His statement reflects the underlying principle that fostering a high-quality workplace yields dividends in employee satisfaction and performance.

Skyward Specialty's focus on employee engagement and its initiatives for diversity and inclusion have firmly established it as an employer of choice within the insurance sector. Feedback from employee engagement surveys indicates that a remarkable 95% of employees express satisfaction with their employer, while 93% recommend working at Skyward Specialty to their friends.

Company Leadership Insights

Chairman and CEO Andrew Robinson commented on this recognition by sharing, "We are thrilled to be recognized with this highly coveted achievement in our industry. Our vision of building the Company we have always wanted to work for is deeply embedded in our identity and fuels the commitment of our employees." This sentiment emphasizes the genuine passion and dedication from the team to achieve ongoing growth and innovation in the specialty insurance market.

About Skyward Specialty

Skyward Specialty operates as a fast-growing and innovative specialty insurance provider, offering commercial property and casualty solutions on both non-admitted and admitted bases. The Company is segmented into eight underwriting divisions: Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety, and Transactional E&S.

The Company encompasses several subsidiary insurance firms, including Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company, all rated A (Excellent) with a positive outlook by A.M. Best Company. Those interested in learning more about Skyward Specialty and its offerings can explore their official website.

Frequently Asked Questions

What recognition did Skyward Specialty receive in 2024?

Skyward Specialty was honored as one of the "Best Places to Work in Insurance" for 2024.

How many consecutive years has Skyward Specialty received this award?

This is the second consecutive year Skyward Specialty has received this recognition.

What factors contribute to this recognition?

The award is based on employee engagement survey results and the Company's commitment to employee satisfaction and development.

What is the employee satisfaction rate at Skyward Specialty?

95% of employees indicate that they are satisfied with their employer.

Can you tell me about Skyward Specialty's offerings?

Skyward Specialty provides a range of commercial property and casualty products and solutions across various sectors.

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