PURE Insurance Earns a Spot on Fortune’s 30 Best Workplaces in Financial Services and Insurance
White Plains, New York – July 20, 2016 – The PURE Group of Insurance Companies, inclusive of Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, announced today that Fortune and Great Place to Work® have named PURE as one of the country's 30 Best Workplaces in Financial Services and Insurance.
“We are proud to have earned this recognition, as it reflects PURE’s dedication to attract, develop, and retain exceptionally talented individuals,” said Colin Haupt, Vice President of Human Resources for the PURE Group of Insurance Companies. “Our PURE Principles ask our employees to, among other things, ‘be obsessed with getting better,’ and in return we commit to creating an environment where employees feel exceptionally empowered, recognized, and rewarded.”
Having grown organically by 40% or more per year since inception, PURE has been increasing its staff at a steady pace. In the first half of 2016, PURE has already added more than 100 professionals to its team and is actively recruiting for many other roles.
This list is based on feedback from more than 41,000 employees in the Financial Services and Insurance sector. Companies with the highest employee rankings when it came to trust, camaraderie, respectful treatment and more make up the top 30.
"The Best Workplaces in Financial Services and Insurance prove that money isn't everything," said Michael Bush, CEO of Great Place to Work. "While employees give them high marks for compensation, these businesses also offer a level playing field for advancement and consistent opportunities for professional growth. In turn, team members at the Best Workplaces report high levels of commitment and cooperation that give these organizations a competitive advantage."
The Best Workplaces in Financial Services and Insurance is one of a series of rankings by Fortune and Great Place to Work based upon employee survey feedback from Great Place to Work®-Certified organizations. To view the complete 2016 Best Workplaces in Financial Services and Insurance list, visit fortune.com/best-workplaces-finance-insurance.
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 best-in-class, customizable coverage throughout the U.S. for high-value homes, automobiles, jewelry, art, personal liability, watercraft and flood. Having grown by more than 40% per year since inception, today PURE insures more than 55,000 responsible, high net worth families. Inspired by some of the finest policyholder-owned companies in the world, 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. 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 Twitter and LinkedIn
About The Best Workplaces in Financial Services & Insurance
The Best Workplaces in Financial Services & Insurance ranking is based entirely upon feedback from more than 41,000 employees at Great Place to Work®-Certified companies in the Financial Services & Insurance sector who completed our Trust Index© Employee Survey. Employees answered questions about how frequently they experience the behaviors that create a great workplace, which include management’s honesty and ethics, camaraderie among employees, fair and respectful treatment, and clear expectations from management. Results from the survey are highly reliable, having a 95% confidence level and a margin of error of 5% or less. The total score for each company is based entirely upon this employee feedback. The 30 companies with the highest employee ratings compared with organizations of the same size were selected for the list.
About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work® produces the annual Fortune 100 Best Companies to Work For® list and a series of Great Place to Work® Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium companies, as well as lists representing many different industries.
Follow Great Place to Work® online at www.greatplacetowork.com and on Twitter at @GPTW_US.