NEENAH, Wis. (July 23, 2021) – Jewelers Mutual Insurance Company, SI has been named to the 2021 list of Ward’s 50 top performing property-casualty insurance companies, marking it the 11th consecutive year for this recognition. The award recognizes outstanding financial results in the areas of safety, consistency, and performance over a five-year period from 2016-2020.
“We are honored to be recognized to this year’s Ward’s 50® list,” said Scott Murphy, Jewelers Mutual president and CEO. “It has been our goal to provide for our customers when they need us, with consistent service and protection. Our continued financial strength and performance allows us to meet and exceed those goals.”
The list of Ward’s 50® top performing insurance companies was released on July 20th by Ward Group, an Aon Hewitt company and the leading provider of operational and compensation benchmarking and best practices services for insurance companies.
To develop its annual list of the top 50 performing insurance companies, Ward Group analyzes the financial performance of property-casualty insurance companies domiciled in the United States and identifies the top performers, those that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results. Each company has passed all safety and consistency screens and achieved superior performance over the five years analyzed.
A complete list of the 2020 Ward’s 50® companies for property-casualty is located at ward.aon.com/ward-benchmarking/wards50.
ABOUT WARD BENCHMARKING
We are the leading provider of benchmarking and best practices studies for the insurance industry. Our team analyzes staff levels, compensation, business practices, and expenses for all areas of company operations and helps insurers to measure results compared to peer groups, optimize performance, and improve profitability. Since 1991, we have performed more than 3,000 operational and compensation benchmarking exercises for companies of all sizes, including more than half of the top 100 U.S. insurance carriers. For more information, please visit ward.aon.com.
ABOUT JEWELERS MUTUAL GROUP
Jewelers Mutual was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Today, the Jewelers Mutual Group companies offer products and services nationwide and throughout Canada that enable jewelry businesses to run safe, secure, and successful operations. Consumers also put their trust in Jewelers Mutual insurers to protect their personal jewelry and the special moments it represents. The Group insurers’ strong financial position is reflected in their 34 consecutive ratings of “A+ Superior” from A.M. Best Company, as of November 2020. Insurance coverage is offered by either Jewelers Mutual Insurance Company, SI (a stock insurer) or JM Specialty Insurance Company. Policyholders of both insurers are members of Jewelers Mutual Holding Company. To learn more, visit JewelersMutual.com.