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.

Smith and DeGroot Release ‘A Vendor Perspective’ Podcast Episode
Jimmy Degroot

Smith and DeGroot Release ‘A Vendor Perspective’ Podcast Episode

Video: Split Sales Require Effort
Jimmy Degroot

Video: Split Sales Require Effort

The Business of Jewelry Podcast Special Edition (Part 2)
Jimmy Degroot

The Business of Jewelry Podcast Special Edition (Part 2)

“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

Windsor Jewelers: Building for Tomorrow with Wilkerson

After 43 years in the jewelry industry, Windsor Jewelers' President Rob Simon knows the value of trusted partnerships. When planning a store expansion in Winston-Salem, North Carolina, he turned to Wilkerson to transform existing inventory into construction capital. "There have been very few companies I've dealt with that I totally trust," Simon shares. "Wilkerson understands their success is 100% based on your success." The partnership enabled Windsor to fund new showcases and construction while maintaining their position as their community's premier jeweler. For Simon, the choice was clear: "Over the years, I've been abused in every direction there is by different people in this industry, so I know what to avoid. One company not to avoid is Wilkerson."

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