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Category: Member News

Learn who’s growing, changing, moving and more! Stay on top of what’s new with your neighboring businesses. We share news releases and announcements from your peers in the Madison area. Want to toot your own horn? Use our Submit Member News form to share your own stories.

Photo by Richard Hurd

A.M. Best Reaffirms A- Excellent Rating of NGL

National Guardian Life Insurance Company (NGL) is pleased to announce that A.M. Best has recently reaffirmed its A- (Excellent) rating. This rating reflects the excellent ability of NGL to meet its ongoing insurance policy and contract obligations and further attests to its financial strength.

“The A- Excellent rating further demonstrates our commitment to over 1.2 million policyholders and 28,000 independent agents who depend on NGL as a strong and reliable insurance company. NGL has the financial strength to be there when needed,” said Brian Hogan, Senior Vice President and Chief Financial Officer at NGL.

A.M. Best is the world’s oldest and most authoritative insurance rating information source. The financial strength rating is based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.

As a longtime leader in the insurance industry, NGL is dedicated to serving policyholders and partners by offering high-quality products that are among the safest and most stable in the industry.

About NGL

Since 1910, National Guardian Life Insurance Company (NGL), a mutual insurance company, has been located in Madison, Wis. Licensed to do business in 49 states and the District of Columbia, NGL markets preneed and individual life and annuities, as well as group markets products including specialty and student insurance. Additional information about NGL can be found at www.nglic.com; Facebook: Facebook.com/NGLIC and LinkedIn: https://www.linkedin.com/company/national-guardian-life-insurance-company

National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.

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Photo by Richard Hurd

Statement: Chamber Disappointed by Unexpected Kraft Heinz Closure

FOR IMMEDIATE RELEASE (November 4, 2015)
Contact: Kevin Little, Managing Director of Economic Development, 608-443-1949

MADISON – In response to today’s decision by the Kraft Heinz Company to close its Madison operations, Greater Madison Chamber of Commerce President Zach Brandon released the following statement:

“To say this unexpected news is both sad and unfortunate is an understatement. Oscar Mayer is deeply rooted in Madison’s history, and we expected it would be a part of greater Madison’s next chapter.

Nearly 100 years ago, the Mayer brothers saw great opportunity and purchased a failing meat-packing plant in Madison. As a community, we grew with Oscar Mayer and took pride in its success. Over the years, the company has not only been a major employer, it has been a major investor in our community institutions.

Today, our attention turns to the employees, families, and suppliers affected by this decision, and the need for coordinated, intentional, public and private economic development efforts to ensure greater Madison continues to be a place of great opportunity.”

About the Greater Madison Chamber of Commerce:
The Greater Madison Chamber of Commerce is the voice of business with nearly 1,300 organizations – ranging from one-person shops to corporations with more than 8,000 employees – working to bring the Greater Madison area to its full potential. The Greater Madison region is a leader in innovation. From cutting-edge technologies to distinctive retail shops to inventive services and products, our members vary greatly but are united by the region’s entrepreneurial spirit. More information can be found at greatermadisonchamber.com.

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