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Jewelers Mutual Gets One More A+
Jewelers Mutual Insurance Co. has been awarded its 29th consecutive A+ Superior financial strength rating from A.M. Best Company, an insurance rating and information source.
Neenah, Wis.--Jewelers Mutual Insurance Co. has been awarded its 29th consecutive A+ Superior financial strength rating from A.M. Best Company, an insurance rating and information source.
A.M. Best’s ratings are an independent opinion of an insurer company’s financial strength and its ability to meet its ongoing insurance policy and contract obligations. A.M. Best evaluates companies after conducting a comprehensive quantitative and qualitative analysis of their balance sheet, operating performance and business profile.
In its review of Jewelers Mutual, A.M. Best noted the company’s strong risk-adjusted capitalization, operating results and liquidity.
The rating also recognized the its management’s focus and adherence to its core competency as well as extensive loss control programs and well-diversified geographic scope, operating in all 50 states and Canada. Jewelers Mutual also stays active in loss prevention activities for the jewelry industry.
Headquartered in Neenah, Wis., Jewelers Mutual was founded in 1913 and currently is the insurance company for close to 10,000 jewelry businesses including retailers, wholesalers, manufacturers, custom designers and appraisers, as well as more than 300,000 consumers for their personal jewelry.
“We at Jewelers Mutual are proud to be recognized by A.M. Best Company as a strong, financially secure institution,” President and CEO Scott Murphy said. “We will continue to focus on successful business practices and leading the jewelry insurance category.”
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