On July 14, 2025, AM Best affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of 'a-' (Excellent) for Quanta Insurance Company, Inc. (QIC). QIC is a single parent captive of Quanta Services, Inc.
The stable outlook for these ratings reflects QIC's very strong balance sheet strength, adequate operating performance, neutral business profile, and appropriate enterprise risk management. QIC writes workers' compensation, commercial auto, and general liability deductible reimbursement policies for Quanta Services and its affiliates.
QIC's captive orientation provides ready access to business and benefits from its familiarity with homogeneous risk exposures, as well as Quanta's extensive training, fleet management, loss control initiatives, and workplace safety programs. This affirmation underscores the stability of Quanta's internal insurance operations.
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