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AM Best Affirms Credit Ratings of Quanta Insurance Company, Inc.

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of 鈥渁-鈥� (Excellent) of Quanta Insurance Company, Inc. (QIC) (Houston, TX). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect QIC鈥檚 balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

QIC is a single parent captive of Quanta Services, Inc. [NYSE: PWR], a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, communications, pipeline and energy industries.

QIC is domiciled in Texas, and writes, on a direct basis, workers鈥� compensation, commercial auto and general liability deductible reimbursement policies for Quanta Services, Inc., and affiliated entities on an occurrence basis. QIC鈥檚 captive orientation not only affords it with ready access to business, but it also benefits from its familiarity of these homogeneous risk exposures, its parent鈥檚 extensive training, fleet management, loss control initiatives and workplace safety.

AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated in the United States and throughout the world. For current Best鈥檚 Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit .

This press release relates to Credit Ratings that have been published on AM Best鈥檚 website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best鈥檚 web page. For additional information regarding the use and limitations of Credit Rating opinions, please view . For information on the proper use of Best鈥檚 Credit Ratings, Best鈥檚 Performance Assessments, Best鈥檚 Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best鈥檚 Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit .

Copyright 漏 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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Fred Eslami

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Christopher Sharkey

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Al Slavin

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Source: AM Best