Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.
Jewelers Mutual CEO to retire, new leader named
Jewelers Mutual Insurance Co. announced Tuesday that its board of directors has selected a new president and CEO to replace Darwin Copeman, who will retire in 2015.
Neenah, Wis.--Jewelers Mutual Insurance Co. announced Tuesday that its board of directors has selected a new president and CEO to replace Darwin Copeman, who will retire in 2015.
Scott Murphy formerly served as an executive partner and principal at Triad Analytic Solutions, an Advance, N.C.-based insurance industry consulting group that offers product, pricing/underwriting and distribution solutions for numerous insurance-related businesses in varying industries.
Past positions include roles as chief operating officer at GMAC Insurance as well as executive or management positions within the Great American family of insurance carriers, Infinity Insurance and Windsor Insurance Group.
Murphy, who will be relocating from North Carolina with his wife and two daughters to take the position, will start at Jewelers Mutual in January.
Commenting on Murphy’s hire in a statement from Jewelers Mutual, board chairman Mark Fiebrink said, “Jewelers Mutual’s board of directors is unique in that it includes representation from both the jewelry industry and the insurance industry, making it a strong leadership team for a company so deeply connected throughout the industry it serves. We expect that Scott Murphy is going to be a terrific asset to the company, leading Jewelers Mutual into its next century of success.”
Jewelers Mutual celebrated 100 years of providing insurance to jewelers in 2013. The company has earned 27 consecutive ratings of A+ Superior from A.M. Best Company and is listed among the Ward’s 50 top-performing insurance companies.
Copeman has headed Jewelers Mutual since May 2009. “I’m truly blessed to have led such an amazing company, and I look forward to Jewelers Mutual’s continued success,” he said.
A graduate of the University of Tennessee, Murphy earned his MBA from the Knoxville-based school in 1993. He currently resides in Winston-Salem, N.C. with his wife, Cheri, and two teenage daughters, Ashlee and Emilee.
The Latest

The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.

The industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

The nonprofit awarded four students pursuing a professional career in jewelry making and design with $2,250 each.


The Texas-based jeweler has also undergone a brand refresh, debuting a new website and logo.

The two organizations have finalized and signed the affiliation agreement announced in May.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

The single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.

From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.

Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.

The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.

Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.

The Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.

The Type IIa stone, recovered from Botswana’s Karowe diamond mine last month, features unique coloration.

Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.

NYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.

U.S.-based investment company SMG Capital LLC is the new owner of the luxury brand.

A new court filing details the locations of the stores that will close, as well as the 830 that will remain open.

The new catalogs are “Tools, Equipment, & Metals” and “Findings & Metals.”

Sapphire’s variety of colors make it the perfect birthstone for September.

The retailer has raised its guidance after seeing total sales increase 3 percent in the second quarter, beating expectations.

Niccolò Rossi di Montelera, executive chairman of the board, was appointed as interim CEO.

The three-floor space also features the jeweler’s largest VIP salon in Japan and offers an exclusive diamond pendant.

The collection is a collaboration between Stephanie Gottlieb Fine Jewelry and Oak and Luna, focusing on understated essentials.

The highlight of a single-owner jewelry and watch collection, it’s estimated to fetch up to $7 million at auction this December.