Latest News On The Move Jewelers Mutual earns A.M. Best A+ (Superior) rating

Jewelers Mutual earns A.M. Best A+ (Superior) rating

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(NEENAH, Wis.) - Jewelers Mutual Insurance Company has earned its 27th consecutive A+ Superior financial strength rating from A.M. Best, the world’s oldest and most authoritative insurance rating and information source. Jewelers Mutual is the only insurer dedicated solely to serving the jewelry industry in the United States and Canada, serving both commercial jewelry businesses and personal jewelry owners. Jewelers Mutual was founded and continues to be headquartered in Neenah, Wisconsin.

“Twenty-seven consecutive years of A+ ratings is an accomplishment we are very proud of at Jewelers Mutual,” says the company’s president and CEO, Darwin Copeman. “A.M. Best is one of the most respected rating companies in the world. This A+ rating reflects Jewelers Mutual’s financial strength and stability over more than a quarter of a century.”

Copeman added, “I have heard agents and policyholders refer to Jewelers Mutual as the gold standard in jewelry insurance, and A.M. Best’s rating certainly supports our position as a leading insurer for jewelry businesses and jewelry owners.”

A.M. Best’s ratings are based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile, or, where appropriate, the specific nature and details of a debt security. For A.M. Best’s Credit Rating Methodology, visit ambest.com.

Jewelers Mutual’s consistent underwriting profits, positive cash flow, and a stable stream of net investment income drive the company’s profitable results. In addition, an established reinsurance model and well-diversified investments limit the company’s exposure to unpredictable financial markets and catastrophic events. Jewelers Mutual Insurance Company is debt-free.

To learn more, visit JewelersMutual.com.

 
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