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Jewelers Mutual earns 35th consecutive A+ Rating from AM Best

on Jan 13, 2022 4:46 PM
AM Best

NEENAH, Wis. (January 13, 2022) - The Jewelers Mutual Group insurers have earned a 35th consecutive “A+ Superior” financial strength rating from AM Best*, one of the world’s most respected insurance rating and information sources.

The AM Best rating references the Group insurers’ strong risk-adjusted capitalization, operating results and liquidity, along with our risk management practices and reputation as the nation’s leading insurance company specializing in jewelry insurance for over a century.

"To be recognized 35 years in a row by AM Best with a Superior financial strength rating signifies our long-standing stability and commitment to our policyholders," said Scott Murphy, Jewelers Mutual’s president and CEO. "We start this new year focused on digital innovation and product development in an effort to create additional value for our customers and deliver an unmatched customer experience.”

AM 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 AM Best are derived following a comprehensive quantitative and qualitative analysis of a company's balance sheet strength, operating performance and business profile. For more information on AM Best's rating process and methodologies, visit ambest.com.

 

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About Jewelers Mutual Group

Jewelers Mutual was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Consumers put their trust in Jewelers Mutual to protect their personal jewelry and the special moments it represents. The Group insurers’ strong financial position is reflected in their 36 consecutive ratings of “A+ Superior” from AM Best Company, as of November 2022. Today, Jewelers Mutual Group continues to raise the tide of the industry by listening to what jewelers need and offering products and services that meet those needs. A suite of powerful solutions is offered that enables businesses to streamline and grow, run secure and successful operations, and bring them closer to their customers. The Group insurers are Jewelers Mutual Insurance Company, SI (a stock insurer) and JM Specialty Insurance Company. Policyholders of the Group insurers are members of Jewelers Mutual Holding Company. The Jewelers Mutual home office is in Neenah, Wisconsin, with other Group offices in Dallas, Texas and Miami, Florida. To learn more, visit JewelersMutual.com.