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Jewelers Mutual® Earns 38th Consecutive A+ Superior Rating from AM Best

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AM Best A+ Superior Rating Logo

NEENAH, Wis. (December 18, 2024) - Jewelers Mutual® Insurance Company, SI (a stock insurer), a member insurer of Jewelers Mutual Group, earned its 38th consecutive “A+ Superior” rating from AM Best as of November 2024. AM Best is one of the world’s most respected insurance rating and information sources. Its rating references the company’s financial strength, operational performance, and overall business strategy, along with its continued innovation and reputation as a leading insurer for the jewelry industry and jewelry customers.

This achievement highlights Jewelers Mutual’s unwavering dedication to upholding exceptional standards of excellence, transparency, and dependability within the insurance industry. As a trusted advisor and solutions provider to over 1 million customers, the company leverages its solid foundation to go beyond traditional insurance to address its customers’ evolving needs. By embracing cutting-edge technology, it continuously adapts to the changing landscape, delivering tailored solutions that meet customers where they are and take them into the future.

"Pushing the boundaries of what is possible is what defines us as a leader in the industry,” said Scott Murphy, President and Chief Executive Officer at Jewelers Mutual. “By nurturing a shared sense of purpose and excitement, we build strong, passionate teams who are continually motivated to move the company forward. To be recognized by AM Best with one of its highest ratings for 38 years is a testament to the dedication of our teams and our continuous improvement mindset for the betterment of our customers.”

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

Individuals interested in learning more about Jewelers Mutual and its products and services may visit JewelersMutual.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. Later, consumers began putting their trust in Jewelers Mutual to protect their jewelry and the special memories each piece holds. Today, Jewelers Mutual continues to support and move the industry forward by listening to jewelers and consumers and offering products and services to meet their evolving needs. Beyond insurance, Jewelers Mutual’s powerful suite of innovative solutions and digital technology offerings help jewelers strengthen and grow their businesses, mitigate risk, and bring them closer to their customers. The Group insurers’ strong financial position is reflected in their 38 consecutive “A+ Superior” ratings from AM Best Company, as of November 2024. Policyholders of the Group insurers are members of Jewelers Mutual Holding Company. Jewelers Mutual is headquartered in Neenah, Wisconsin, with other Group offices in Dallas, Texas and Miami, Florida. To learn more, visit JewelersMutual.com.