White Plains, N.Y. — July 26, 2017 — Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, today announced that it has been named one of the Best Small & Medium Places to Work in New York by Fortune and Great Place to Work®. PURE was ranked fifth of the 25 selected on the list.
“We are very honored to receive this recognition from Fortune and Great Place to Work, especially in the competitive market that is New York,” said Colin Haupt, Vice President of Human Resources for PURE Insurance. “Throughout our New York office and other locations, our focus is on fostering a strong and engaging customer service culture that empowers our employees and provides them with purpose.”
The list was based on 137,000 employee surveys on the company’s culture, leadership, benefits and other crucial factors in an outstanding employee experience. Employees at the winning companies exemplified high performance businesses that are friendly and collaborative. These companies also boast 92% of their employees genuinely care about each other, while nine in 10 also say that they are willing to give extra to get a job done.
“The Best Workplaces give themselves a competitive advantage over peers by creating an environment where trust, collaboration and innovation can thrive,” said Michael Bush, CEO of Great Place to Work.
Companies and organizations recognized as Best Workplaces are also honored for their efforts in giving back to the community and creating an environment for employees to flourish. This has made way for strengthened loyalty and increased revenue growth.
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. Today PURE insures more than 60,000 responsible, high net worth families and has earned a world-class NPS of 67.4. 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 Facebook, Twitter and LinkedIn.
About the Best Workplaces in New York
Great Place to Work surveyed nearly 137,000 employees from Great Place to Work–Certified organizations with locations in New York state and the New York City metropolitan area. It analyzed how positively employees rated their organizations on more than 50 different metrics, including management transparency, professional development, meaningful work, promotion equity and the generosity of benefit programs. It also analyzed demographic patterns to ensure they were creating great workplaces for all employees, regardless of who they are or what they do for the organization. All surveys were anonymous. Results were normalized for organizations’ size and complexity and had at least a 95% confidence level with a 5% margin of error.
About Great Place to Work
Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through its certification programs, Great Place to Work recognizes outstanding workplace cultures and produces the annual Fortune "100 Best Companies to Work For®" and Great Place to Work Best Workplaces lists for Millennials, Women, Diversity, Small and Medium Companies, industries and, internationally, countries and regions. Through its culture consulting services, Great Place to Work helps clients create great workplaces that outpace peers on key business metrics like revenue growth, profitability, retention and stock performance.