WHITE PLAINS, N.Y. — June 4, 2018 — The PURE Group of Insurance Companies (the PURE Group), 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 one of Inc. magazine's Best Workplaces for 2018, the publication's third annual ranking in the fast-growing private company sector.
The award is the result of a wide-ranging and comprehensive measurement of private American companies who have created exceptional workplaces through vibrant cultures, deep employee engagement and superior benefits. Out of thousands of applicants, Inc. singled out just under 300 winning companies.
Built in partnership with employee engagement and work culture experts Quantum Workplace of Omaha, NE, Inc.'s Best Workplaces list focuses on how innovative companies can raise the bar in hiring and retaining the best talent. They assessed applicants on the basis of benefits offered and employees' responses to a unique, 30-question survey fielded by each of the applying companies. Responses were evaluated by the research team at Quantum Workplace. For results to qualify, each company had to achieve a statistically significant response rate based on employee count. Survey scores account for employer size to level the playing field between small and large businesses. All companies had to have a minimum of 10 employees and be U.S.-based, privately held and independent.
"A great member experience starts with a great employee experience," said Katherine Richardson, Chief Human Resources Officer for the PURE Group of Insurance Companies. "We are proud to build a culture that supports and gives back to those who come to work every day in service of our membership and are humbled by this recognition."
While researching the entries, Inc. and Quantum saw that exceptional company cultures promote individual and team performance, and when employees feel valued by their organization, they are far more likely to be engaged. This proved to be one of the largest drivers of employee engagement. Inc. magazine established that it is more than good pay and good perks―it's also about having a clear purpose, a sense of humor and strong leadership that makes them all work together.
"By including an employee survey into this year's Best Workplaces selection process, we've really raised the bar. Companies that don't score at the very top of their peer group don't make the cut. So, our hats are off to the winners. They all excelled at engaging their workers, making them feel appreciated, and aligning them behind a mission. And remember, that's not just our opinion: The employees told us that themselves," says James Ledbetter, Inc. editor-in-chief.
Privilege Underwriters Reciprocal Exchange (PURE) is a member-owned reciprocal 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 75,000 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. In return for a fee, PURE Risk Management, LLC acts as Attorney-in-Fact for PURE. PURE membership is subject to an executed Subscriber's Agreement & Power of Attorney. For more information or to find a local broker, visit pureinsurance.com. You can follow PURE on Facebook, Twitter, LinkedIn and Instagram.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of Advertising Age's "The A-List" in January 2015, and the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 20,000,000 today. For more information, visit http://www.inc.com/.
About Quantum Workplace
Quantum Workplace is an HR technology company that serves organizations through employee engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit www.quantumworkplace.com.