by eyetee | January 22, 2014 2:32 pm
Jewelers Mutual has been awarded an ‘A+ Superior’ financial strength rating for the 27th year in a row by A.M. Best.
“Twenty-seven consecutive years of A+ ratings is an accomplishment we are very proud of at Jewelers Mutual,” says company president and chief executive officer (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. I have heard agents and policyholders refer to Jewelers Mutual as the gold standard in jewellery insurance, and A.M. Best’s rating certainly supports our position as a leading insurer for jewellery businesses and jewellery owners.”
A.M. Best is the oldest and most authoritative insurance rating and information source.
The ‘A+ Superior’ rating refers to a company’s financial strength and security. According to Jewelers Mutual, its consistent underwriting profits, positive cash flow from operations, and a stable stream of net investment income have contributed to earning the rating.
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