The new Sentry building on April 26. (Metro Wire photo)

Sentry again climbs Fortune 1000

Metro Wire Staff

Sentry continues to climb Fortune’s annual rankings of the nation’s largest companies.

This year, the national magazine ranks Sentry No. 685 on its Fortune 1000 list—up nine slots from 2018.

Fortune bases its rankings on total revenue. Sentry’s nearly reached $3.5 billion last year.

The mutual insurance company, with national headquarters in Stevens Point, has climbed 114 slots since 2015. It’s one of 25 Wisconsin-based companies on the Fortune 1000 list.

“I’m proud of our Sentry associates and retirees for building a company that’s financially sound and has strong vitality,” said Pete McPartland, chairman of the board, president, and CEO, in an email statement on June 18.

In its press release, Sentry referred to its measured growth as “disciplined and opportunistic,” saying it was only punctuated by an A+ rating for the 28th year in a row from A.M. Best, the industry’s leading rating authority.

“That financial strength is good for customers, who can count on the company to pay their future claims,” the release reads.