Insurer selected as a top-performing property-casualty company for exceptional performance
Jewelers Mutual Insurance Company, SI (a stock insurer) is proud to announce its inclusion as a 2024 Ward’s 50® top-performing property-casualty insurance company. This is the 14th consecutive year Jewelers Mutual has earned the recognition, emphasizing its commitment to excellence as demonstrated by its outstanding financial results in the areas of safety, consistency, and performance over a five-year period from 2019-2023. Top performers on the list are measured by financial stability and ability to grow while maintaining strong capital positions and underwriting results.
“Being named to Ward’s 50 for 14 years straight is something we do not take for granted,” said Scott Murphy, President and Chief Executive Officer at Jewelers Mutual. “This recognition is a testament to our people and our dedication to putting our customers first in everything we do. We take pride in being the preferred insurer for over 1 million customers who trust us to protect what matters to them.”
As a leading insurer with over a century of expertise in protecting jewelry and jewelry businesses, Jewelers Mutual is continually evolving its products and services to meet the changing needs of its customers. By championing technological advancements and offering digitally immersive, personalized experiences, the company is pushing the boundaries of what is possible to support and protect its customers and strengthen the industry it serves into the next century.
The list of Ward’s 50 top performing insurance companies was released on July 11 by Ward Group, an Aon company and the leading provider of operational and compensation benchmarking and best practices services for insurance companies. To develop its annual list of the top 50 performing insurance companies, Ward Group analyzes the financial performance of property-casualty insurance companies domiciled in the United States and identifies the top performers per segment. Each company has passed all safety and consistency screens and achieved superior performance over the five years analyzed.
A complete list of the 2024 Ward’s 50 companies for property-casualty is located at ward.aon.com/ward-benchmarking/wards50.
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.
ABOUT WARD BENCHMARKING
Ward is the leading provider of benchmarking and best practices studies for the insurance industry. Their team analyzes staff levels, compensation, business practices, and expenses for all areas of company operations and helps insurers to measure results compared to peer groups, optimize performance, and improve profitability. Since 1991, they have performed more than 3,000 operational and compensation benchmarking exercises for companies of all sizes. For more information, please visit ward.aon.com.