Press Releases

Jewelers Mutual Group Earns 35th Consecutive A+ Rating

“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.”

Published

3 years ago

January 17, 2022

Press Releases

(PRESS RELEASE) NEENAH, WI — 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.

Four Decades of Excellence: How Wilkerson Transformed a Jeweler's Retirement into Celebration

After 45 years serving the Milwaukee community, Treiber & Straub Jewelers owner Michael Straub faced a significant life transition. At 75, the veteran jeweler made a personal decision many business owners understand: "I think it's time. I want to enjoy my wife with my grandchildren for the next 10, 15 years." Wilkerson's expertise transformed this major business transition into an extraordinary success. Their comprehensive approach to managing the going-out-of-business sale created unprecedented customer response—with lines forming outside the store and limits on how many shoppers could enter at once due to fire safety regulations. The results exceeded all expectations. "Wilkerson did a phenomenal job," Straub enthuses. "They were there for you through the whole thing, helped you with promoting it, helping you on day-to-day business. I can't speak enough for how well they did." The partnership didn't just facilitate a business closing; it created a celebratory finale to decades of service while allowing Straub to confidently step into his well-earned retirement.