Jewelers Mutual® Insurance Company, SI (a stock insurer), a member insurer of the Jewelers Mutual Group, earned its 37th 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 financial strength, operational performance and overall business strategy, along with its risk management practices, technology advancements and reputation as the nation’s leading insurer dedicated to protecting and supporting the jewelry industry for over 110 years.
This accomplishment underscores Jewelers Mutual’s commitment to maintaining the highest standards of excellence, transparency and reliability in the insurance market and its position as a trusted advisor and solutions provider to its over 1 million customers and the jewelry industry. Building upon its strong foundation, the company continues to implement new tools and technology to meet the evolving needs of the industry and deliver more personalized customer experiences.
“It has been an exceptional year for Jewelers Mutual, not only in terms of our strong results but also in the ways we deliver unparalleled service to our customers and the entire jewelry industry,” said Scott Murphy, the company’s President and Chief Executive Officer. To be recognized by AM Best with one of its highest ratings for 37 years straight is a remarkable achievement. It is a testament to the dedication of our teams as they embrace an innovative, digitally focused and customer-first mindset that paves the way for how we will continue to be there for our customers for the next 110 years and beyond.”
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’s products and services may visit JewelersMutual.com.
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 37 consecutive “A+ Superior” ratings from AM Best Company, as of November 2023. 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.
