The Pure Group of Insurance Companies Named One of Inc. Magazine’s Best Workplaces for Second Consecutive Year
May 15, 2019
WHITE PLAINS, N.Y.—May 16, 2019—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 2019. This is the second consecutive year PURE has made the list. From student loan assistance to funding for passion courses, PURE’s unique offerings provide employees with a supportive, productive environment that promotes empathy and dedication to PURE’s membership.
Out of thousands of applicants, Inc. singled out just over 300 finalists. Each nominated company took part in an employee survey, conducted by Omaha’s Quantum Workplace, on topics including trust, management effectiveness, perks, and confidence in the future. Inc. gathered, analyzed, and audited the data, and then ranked all the employers using a composite score of survey results.
The strongest engagement scores came from companies that prioritize the most human elements of work—leading the way in employee recognition, performance management and diversity. These elements, always a key part of PURE’s culture, have only continued to grow over the past year, evidenced by PURE’s recent partnership with CommonBond to provide monthly contributions to employees’ student loan repayments—helping to alleviate a major stressor and encourage financial health. Additionally, other benefits, like access to subscription wellness apps and flexible paid time off, continue to promote employee engagement, wellness and happiness.
"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, are humbled by this recognition and remain deeply committed to continuing our efforts in making PURE a standout place to work.”
"With today's tight labor market, building a great corporate culture is more important than ever,” says Inc. magazine editor in chief James Ledbetter. “The companies on Inc.'s Best Workplaces list are setting an example that the whole country can learn from."
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 85,000 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.
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 “A-List” in January 2015, and a National Magazine Award for General Excellence in both 2014 and 2012, Inc. has a monthly audience reach that’s grown from two million in 2010 to more than 20 million today. For more information, visit 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 QuantumWorkplace.com.