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Jewelers Mutual Earns 36th Consecutive AM Best A+ Rating

on Dec 8, 2022 9:06 AM
AM Best

NEENAH, Wis. (December 8, 2022) - Jewelers Mutual® Insurance Company, SI (a stock insurer), a member insurer of the Jewelers Mutual Group, earned its 36th consecutive “A+ Superior” rating from AM Best, one of the world’s most respected insurance rating and information sources. 

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

"To be recognized 36 years in a row by AM Best with one of its highest ratings signifies our long-standing stability and commitment to our more than one million customers," said Scott Murphy, Jewelers Mutual’s president and chief executive officer. "This year we have maintained strong results while growing and evolving to meet their changing needs. We continue to reimagine how we serve our customers and remain focused on delivering unmatched value that elevates their experiences with us.”

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 web.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.