Download PLM's 2024 Annual Report
(Note: file size 15.9MB)
PLM ended 2024 with a combined ratio of 97.95%.
There were 12,050 inforce policies and a total of 5,687 accounts with PLM at the end of 2024.
We wrote 798 new accounts generating over $49.7 million of new business premium in 2024.
We wrote $488.4 million in direct written premium in 2024 with a 90% policy count retention and 102.33% premium retention.
100% of PLM employees in professional development in 2024. A total of 197 exams were passed with 53 designations earned through The Institutes.
We were recognized as one of the 2024 Top Workplaces in the Greater Philadelphia area by The Philadelphia Inquirer for the sixth year in a row.
PLM participated in a total of 235 shows – 134 wood industry events and 101 insurance related events. A total of 105 different PLM employees attended these shows.
Over 2,297 brokers partner with PLM throughout the continental U.S.
Our NPS score for 2024 was 79.05.