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Jewelers Mutual Group

FOR IMMEDIATE RELEASE

MEDIA CONTACT: 
Kelsey McElrath
Corporate Communications Specialist
Jewelers Mutual Insurance Group
920-521-2126 or kmcelrath@jminsure.com

Jewelers Mutual earns 32nd consecutive A+ Superior rating from A.M. Best Company

NEENAH, Wis. (February 5, 2019) - Jewelers Mutual Insurance Company, a member of the Jewelers Mutual Insurance Group, earned its 32nd consecutive A+ Superior financial strength rating 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.

"Jewelers Mutual is honored to have received this consecutive positive rating from A.M. Best Company," said Scott Murphy, Jewelers Mutual's president and CEO. "We believe it is a reflection of how our diligence and planning is setting our company up to remain successful well into the future.

"We focus on how the decisions we make will impact our policyholders and enhance their experiences with us. Doing what’s in their best interest is the center stone of our strategy.

"Without the support and loyalty of our policyholders, we would never be able to accomplish what we have. Thank you for your trust in Jewelers Mutual and thank you to A.M. Best Company for the continued recognition of our financial direction.”

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 company management's focus and adherence to its core competency as well as extensive loss control programs and well-diversified geographic scope, operating in the United 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.


ABOUT JEWELERS MUTUAL GROUP

Jewelers Mutual Group was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Today, Jewelers Mutual offers products and services enabling jewelry businesses to run safe, secure, and successful operations. Consumers also put their trust in Jewelers Mutual to protect their personal jewelry and the special moments it represents. The group's strong financial position is reflected in its 32 consecutive ratings of "A+ Superior" from A.M. Best Company. To learn more, visit JewelersMutual.com.

© Jewelers Mutual. All rights reserved.

Coverage offered by a member insurer of the
Jewelers Mutual Insurance Group
P.O. Box 468
Neenah, WI 54957-0468
JewelersMutual.com

800-558-6411

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