Skyward Specialty Earns “Best Places to Work in Insurance” Recognition for 2024

Rhea-AI Summary

Skyward Specialty Insurance Group (Nasdaq: SKWD) has been recognized as one of the Best Places to Work in Insurance for 2024 by Business Insurance and Best Companies Group for the second consecutive year. This award highlights Skyward Specialty's commitment to fostering an exceptional workplace culture that promotes innovation, inclusion, and professional growth.

Key highlights from the employee engagement survey:

• 95% of employees are very satisfied with their employer
• 93% would recommend working at Skyward Specialty to a friend

The company's focus on employee engagement, diversity, and inclusion initiatives has positioned it as an employer of choice in the insurance industry. Tom Schmitt, Chief People and Administration Officer, emphasized the company's dedication to maintaining a high-quality workplace where employees can thrive.

Positive

• Recognized as Best Places to Work in Insurance for 2024 for the second consecutive year
• 95% of employees are very satisfied with their employer
• 93% of employees would recommend working at Skyward Specialty to a friend
• Strong emphasis on creating an engaged culture and supportive work environment
• Positioned as an employer of choice in the insurance industry

Negative

• None.

News Market Reaction

-1.61%

1 alert

-1.61% News Effect

On the day this news was published, SKWD declined 1.61%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, is proud to announce it has been recognized as one of the Best Places to Work in Insurance for 2024, as determined by Business Insurance and Best Companies Group, for its second consecutive year. This prestigious award underscores Skyward Specialty's ongoing commitment to cultivating an exceptional workplace culture that fosters innovation, inclusion and professional growth.

Best Companies Group recognizes employers who demonstrate, as determined through various evaluations, including employee engagement survey results, the highest employee engagement and satisfaction, as well as a commitment to attracting, developing and retaining great talent through employee benefits and other programs their workers value.  

"To be recognized for a second year in a row is a testament to the dedication and hard work of the entire Skyward Specialty team. Our strong emphasis on creating an engaged culture with a supporting work environment is instrumental in achieving this recognition once again," said Tom Schmitt, Chief People and Administration Officer. "We will continue to invest in our teams to ensure we maintain a high-quality workplace where employees want to work and are empowered to thrive at their highest potential."

Skyward Specialty's continued focus on employee engagement, diversity and inclusion initiatives while fostering a collaborative culture has positioned the Company as an employer of choice in the insurance industry. Feedback from the employee engagement survey results showed that 95% of employees agree with the statement, "Overall, I am very satisfied with my employer," and 93% report, "I would recommend working here to a friend."

Chairman and CEO Andrew Robinson commented, "We are thrilled to be recognized with this highly coveted achievement in our industry. Our vision of building the Company we have always wanted to work for is deeply embedded in our identity and fuels the commitment of our employees. Ours is a culture that is not easily replicable without the full belief of our colleagues and the passion and dedication they apply every day as we continue to grow and innovate within the specialty market."

About Skyward Specialty
Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions -- Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety and Transactional E&S.

Skyward Specialty's subsidiary insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with positive outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.

Media Contact
Haley Doughty
Skyward Specialty Insurance Group
713-935-4944
hdoughty@skywardinsurance.com

Investor Contact
Natalie Schoolcraft
Skyward Specialty Insurance Group
614-494-4988
nschoolcraft@skywardinsurance.com

FAQ

What recognition did Skyward Specialty Insurance Group (SKWD) receive in 2024?

Skyward Specialty Insurance Group (SKWD) was recognized as one of the Best Places to Work in Insurance for 2024 by Business Insurance and Best Companies Group for the second consecutive year.

What percentage of Skyward Specialty (SKWD) employees are satisfied with their employer?

According to the employee engagement survey, 95% of Skyward Specialty (SKWD) employees agree with the statement, 'Overall, I am very satisfied with my employer.'

How many Skyward Specialty (SKWD) employees would recommend working there to a friend?

93% of Skyward Specialty (SKWD) employees report that they would recommend working at the company to a friend.

What factors contributed to Skyward Specialty's (SKWD) recognition as a Best Place to Work in Insurance?

Skyward Specialty's (SKWD) recognition was based on its commitment to cultivating an exceptional workplace culture, fostering innovation, inclusion, professional growth, and maintaining high employee engagement and satisfaction.