Pharmacists Mutual Insurance Company has welcomed Matthew Mosher to its Board of Directors. Mosher, who used to be the President and CEO of AM Best Rating Services, brings a wealth of experience in insurance and leadership to the Iowa-based insurer.
During his time at AM Best, Mosher was known for advancing insurance analytics and leading the creation of the Best’s Capital Adequacy Ratio (BCAR) model. This model helps evaluate how strong and well-capitalized insurance companies are. His background is expected to help Pharmacists Mutual continue growing and shaping its future strategies.
Pharmacists Mutual, headquartered in Algona, Iowa, offers specialized insurance products across the U.S. through underwriting companies and partnerships with independent agencies. With Mosher on board, the company looks to build on its expertise and maintain its focus on serving its customers well.