The A+ Superior rating reflects Jewelers Mutual overall financial strength, its reputation as the nation’s leading insurance company specializing in jewelry insurance and the jewelry industry, and consistent profitability, Jewelers Mutual said in a statement. In its remarks regarding the rating, A.M. Best recognized Jewelers Mutual’s focus and adherence to its core competency, well-diversified geographic scope including all 50 states and Canada, and extensive loss control programs. They also commended Jewelers Mutual for enrolling commercial policyholders in the Jewelers’ Security Alliance.
“Receiving the A+ Superior rating from A.M. Best is never taken for granted,” said Darin Kath, president and chief executive officer of the Neenah, Wisc.-based insurance agency. “To receive this rating each year, we must demonstrate our financial strength and pass A.M. Best’s strict scrutiny. Receiving this rating for 21 years says a great deal about Jewelers Mutual’s commitment to remaining a strong market for its customers.”