Jewelers Mutual Insurance Company has earned 29 consecutive A+ Superior financial strength ratings from A.M. Best Company, one of the world’s most respected insurance rating and information sources.
Founded in 1913, Jewelers Mutual is the only insurer dedicated solely to serving the jewelry industry in the United States and Canada, serving both commercial jewelry businesses and personal jewelry owners. Jewelers Mutual is headquartered in Neenah, Wisconsin.
“We at Jewelers Mutual are proud to be recognized by A.M. Best Company as a strong, financially secure institution,” said Jewelers Mutual’s President and CEO Scott Murphy. “We will continue to focus on successful business practices and leading the jewelry insurance category.”
In their review, A.M. Best’s rating references Jewelers Mutual Insurance Company’s strong risk-adjusted capitalization, operating results and liquidity. The ratings also consider Jewelers Mutual’s excellent risk management practices and reputation as the nation’s leading insurance company specializing in jewelry insurance and the jewelry industry.
The rating also recognizes the company’s management’s focus and adherence to its core competency as well as extensive loss control programs and well-diversified geographic scope, operating in all fifty states and Canada. In addition, the company maintains active involvement in loss prevention activities for the jewelry industry.
A.M. Best’s Financial Strength Rating is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. Ratings from A.M. Best are derived after a comprehensive quantitative and qualitative analysis of a company’s balance sheet strength, operating performance and business profile. For more information on A.M. Best’s rating process and methodologies, visit ambest.com.
