WHITE PLAINS, N.Y.—March 26, 2019—The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has been named by Great Place to Work® and FORTUNE as one of the 2019 Best Workplaces in Financial Services & Insurance.
Great Place to Work evaluated more than 60 data points regarding the experiences of more than 726,000 employees from Great Place to Work certified organizations in the Financial Services & Insurance sector. In addition to employee engagement and trust, this year’s ranking focused on Innovation By All, the approach that great business leaders take to empower every member of their team to innovate. PURE Insurance took the number 24 spot on the list.
“It is important to us that our employees feel comfortable thinking creatively and have autonomy in their roles,” said Katherine Richardson, Chief Human Resources Officer at the PURE Group of Insurance Companies. “PURE places a great deal of emphasis on workplace culture, so it is incredibly gratifying to be recognized in this way by FORTUNE and Great Place to Work.”
Each of the winners have implemented innovative strategies to stand out in a highly competitive industry. In 2018, PURE partnered with financial technology company CommonBond to provide monthly contributions to student loan repayments in an effort to help employees with the burden of student loan debt. This benefit joined PURE’s growing list of attractive offerings, including flexible paid time off, designated time off to volunteer and access to wellness apps like HeadSpace and Training Amigo.
“In an industry that is becoming increasingly reliant on technology to provide new and improved services, these top employers in financial services demonstrate that they value their people by tapping into their creativity, enabling them to innovate and help the organization thrive,” said Michael Bush, CEO of Great Place to Work. “Organizations like PURE stand out from the crowd, intentionally growing their businesses by creating great places to work for all, making employees feel valued and respected for their talents and contributions.”
The Best Workplaces in Financial Services & Insurance is one of a series of rankings by Great Place to Work based on employee feedback from Great Place to Work-Certified™ organizations. This is PURE’s second consecutive year being named to the list.
Privilege Underwriters Reciprocal Exchange (PURE) is a policyholder-owned insurer dedicated to creating an exceptional experience for responsible high net worth individuals and families. PURE provides customizable coverage for high-value homes, automobiles, jewelry, art, personal liability, watercraft, flood, fraud and cyber fraud to more than 80,000 responsible, high net worth families throughout the U.S. Inspired by some of the finest policyholder-owned companies, PURE emphasizes alignment of interests and transparency. PURE's low cost of capital, careful member selection and proactive risk management all contribute to highly competitive rates and a Financial Strength Rating of “A” (Excellent) from A.M. Best. In return for a fee, PURE Risk Management, LLC acts as Attorney-in-Fact for PURE.
For more information or to find a local broker, visit pureinsurance.com. You can follow PURE on Facebook, Twitter, LinkedIn and Instagram.
About the Best Workplaces in Financial Services and Insurance
Great Place to Work based its ranking on a data-driven methodology applied to anonymous Trust Index™ survey responses representing more than 726,000 employees at Great Place to Work-Certified organizations. To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with FORTUNE, visit Greatplacetowork.com.
About Great Place to Work
Great Place to Work® is a global people analytics and consulting firm that helps companies produce better business results by focusing on workplace culture. Powered by more than 30 years of research, Emprising®, its SaaS-enabled survey and analytics platform, gives companies access to the assessments, data, and reporting needed to build a high-trust, high-performance culture.
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