Connect with us

Press Releases

Jewelers Mutual Earns 33rd Consecutive A+ Superior Rating From A.M. Best Company

A.M. Best’s rating references Jewelers Mutual’s strong risk-adjusted capitalization, operating results and liquidity.

mm

Published

on

(PRESS RELEASE) NEENAH, WI — Jewelers Mutual Insurance Company, SI, a member insurer of the Jewelers Mutual Insurance Group, earned its 33rd 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 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.

Video: Why You Should Be Turning Over the Sale More Often
Jimmy Degroot

Video: Why You Should Be Turning Over the Sale More Often

Video: Fix the ‘Glitches’ in Your Jewelry Business
Jimmy Degroot

Video: Fix the ‘Glitches’ in Your Jewelry Business

Video: Everyone in Your Jewelry Store Can Get Along. Here’s How.
Jimmy Degroot

Video: Everyone in Your Jewelry Store Can Get Along. Here’s How.

“Jewelers Mutual is proud to be recognized for our 33rd consecutive positive rating from A.M. Best Company as a strong, financially secure institution,” said Scott Murphy, Jewelers Mutual president and CEO.

“As we look toward the future, we will continue to focus on successful business practices and make business decisions with our top priority, the well-being of our policyholders, in mind.”

In their review, A.M. Best’s rating references Jewelers Mutual’s strong risk-adjusted capitalization, operating results and liquidity. Also considered is Jewelers Mutual’s excellent risk management practices and reputation as the nation’s leading insurance company specializing in jewelry insurance and the jewelry industry.

Additionally, the rating 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. The company maintains active involvement in loss prevention activities for the jewelry industry.

Advertisement

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.

Advertisement

SPONSORED VIDEO

Maximize Every Sale with Wilkerson

When it’s time to run a sale, whether it’s a retirement, going-out-of-business, anniversary or “we’ve got too much merchandise” sale, let Wilkerson handle the details. The Diamond Galleria did just that when they selected Wilkerson to run its liquidation sale. According to Sharon, their CPA, it was the right choice. “We could have done a going-out-of-business sale ourselves and done 30 to 40 percent of what we actually sold with Wilkerson involved,” she says. Seeing the strategies that Wilkerson puts in place for every sale was something that convinced her they had made the right move. “I would highly recommend Wilkerson to anyone considering this type of sale.”

Promoted Headlines

Advertisement

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Facebook

Latest Comments

Most Popular