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Jewelers Mutual still gets an A+
Insurer Jewelers Mutual has earned its 28th consecutive A+ Superior financial strength rating from A.M. Best Company, an insurance rating and information source.
Neenah, Wis.--Insurer Jewelers Mutual has earned its 28th 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 rates companies after conducting a comprehensive quantitative and qualitative analysis of their balance sheet, operating performance and business profile.
In their review of Neenah, Wis.-based Jewelers Mutual, A.M. Best noted the insurer’s strong risk-adjusted capitalization, operating results and liquidity.
The rating also recognized management’s focus on Jewelers Mutual’s core competency as well as its extensive loss control programs, active involvement in loss prevention activities in the jewelry industry, and well-diversified geographic scope. The company operates in all 50 states and Canada.
“It is an honor to be recognized by A.M. Best Company as a strong, financially secure institution,” said Jewelers Mutual’s President and CEO Scott Murphy, who took over as CEO this month, replacing the retiring Darwin Copeman. “As we look to the future, I think A.M. Best’s consistent A+ Superior rating reflects our ongoing commitment to our policyholders and the jewelry industry we serve.”
More information about A.M. Best’s rating process and methodologies can be found at AMBest.com.
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