A good reputation in the insurance industry is invaluable.

Reputation permeates and influences all aspects of a company and a good reputation is a must for any insurance business that wants to survive and grow.

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Respect of peers

Many organizations consider their good name or reputation to be their greatest asset. It's no surprise that the trust and confidence of peers, as well as the consumer, can have a direct and profound effect on an organization's bottom line.

To create its annual list of the World's Most Admired Companies, Fortune magazine asked 3,800 executives, directors and analysts to select the 10 companies they admired most across nearly 50 industries. A total of 680 companies in 28 countries were considered.

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].