Nationwide named Most Trusted Company
Ponemon Institute, TRUSTe release Most Trusted Companies for Privacy study
FOR IMMEDIATE RELEASE
March 28, 2007
Liz Christopher 614-249-7705
Columbus, Ohio— Nationwide is pleased to announce that it has been named one of the Most Trusted Companies for Privacy for the second time by the Ponemon Institute and TRUSTe. Nationwide was named to the Top 10 list, as well as being named the top company in the insurance industry.
The Web-based research study asked respondents to name one to five companies in 23 industries listed in the study they believed to be the most trustworthy when handling their personal information. Company names were not provided in the survey instrument to allow participants to freely select the organizations believed to be most trusted for privacy. Nationwide was also named to the list in 2004.
“Being named a Most Trusted Company is a great honor for Nationwide,” said Kirk Herath, Chief Privacy Officer at Nationwide. “We pride ourselves in being a company that works hard everyday to protect our customers’ information.”
"With so much negative publicity related to data breaches, our annual Most Trusted Companies survey demonstrates that there are many organizations that place a premium on responsible data stewardship," said Larry Ponemon, chairman and founder, Ponemon Institute. "These companies understand that an investment in effective security and privacy practice has a payoff in building brand loyalty and a stronger, more profitable customer relationship."
The survey was conducted in two stages. Nationwide was rated a most trusted company in an unaided consumer survey and then through an expert review where policies, practices, and execution were tested for consistent care with regard to privacy issues. More information about award criteria is available at www.truste.org.
Nationwide, based in Columbus, Ohio, is one of the largest diversified insurance and financial services organizations in the world, with more than $158 billion in assets. Nationwide ranks #98 on the Fortune 100 list. The company provides a full range of insurance and financial services, including auto, motorcycle, boat, homeowners, life, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions and long-term savings plans. For more information, visit www.nationwide.com.
Nationwide, the Nationwide Framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company.