Skyward Specialty Named in U.S. News & World Report’s 2024-2025 Best Companies to Work For

Rhea-AI Summary

Skyward Specialty Insurance Group (NASDAQ: SKWD) has been named one of U.S. News & World Report's Best Companies to Work For in 2024-2025. The recognition is based on publicly available information about the company's employee support and work environment. Key factors considered include quality of pay and benefits, work-life balance, job stability, and career opportunities. CEO Andrew Robinson emphasized the company's commitment to fostering a winning and compassionate culture, stating that the recognition confirms their efforts in creating a desirable workplace.

Positive

• Skyward Specialty named among US News & World Report's Best Companies to Work For in 2024-2025.
• Recognition based on criteria such as quality of pay and benefits, work-life balance, job stability, and career opportunities.
• CEO Andrew Robinson highlights the company's winning and compassionate culture.
• Positive company culture could attract top talent and improve employee retention.
• Enhanced public image and brand reputation due to the recognition.

Negative

• The press release lacks specific financial data or metrics related to business growth or profitability.
• No mention of direct financial benefits or impacts on shareholder value from the recognition.
• Potentially seen as a marketing effort without substantial business performance indicators.

HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- U.S. News & World Report (“US News”), the global authority in rankings and consumer advice, has named Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”), one of the 2024-2025 Best Companies to Work For. Skyward Specialty, a leader in the specialty property and casualty market, was rated among the top companies in its region based on publicly available information about how the Company supports the everyday experience of its employees.

U.S. News’ ratings reflect the evolving sentiments that factor into a potential employee’s decision-making when choosing a company to work for. The ratings analyze that sentiment against factors, including quality of pay and benefits, work-life balance and flexibility, job and company stability, physical and psychological comfort, belongingness and esteem, and career opportunities and professional development.

“We are proud of our winning and compassionate culture, and this recognition by US News and World Report further confirms we’ve created something very special and not easily replicated by others in the industry,” said Andrew Robinson, Chairman and CEO at Skyward Specialty. “We remain steadfast in our pursuit of creating an environment that not only meets but exceeds the expectations of our talented workforce, as we continue to build the company we always wanted to work for.”

About Skyward Specialty
Skyward Specialty (NASDAQ: SKWD) 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

Why was Skyward Specialty named one of the Best Companies to Work For?

Skyward Specialty was named one of the Best Companies to Work For by U.S. News & World Report based on factors such as quality of pay and benefits, work-life balance, job stability, and career opportunities.

What criteria were used in U.S. News & World Report's rankings for Best Companies to Work For?

U.S. News & World Report used criteria including quality of pay and benefits, work-life balance, job stability, physical and psychological comfort, and career opportunities to rank the best companies to work for.

How does Skyward Specialty's recognition as a Best Company to Work For affect its stock (SKWD)?

While the recognition enhances Skyward Specialty's public image and could attract top talent, the press release does not provide specific financial impacts on the stock (SKWD).

Who is the CEO of Skyward Specialty and what did he say about the recognition?

Andrew Robinson is the CEO of Skyward Specialty. He stated that the recognition confirms their efforts in creating a winning and compassionate culture.

What are the potential benefits for Skyward Specialty being named a Best Company to Work For?

The potential benefits include attracting top talent, improving employee retention, and enhancing the company's public image and brand reputation.