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Insurer gets high grades in credit rating

Jewelers Mutual has earned an ‘A+ Superior’ for the 25th year in a row from credit rating organization, A.M. Best Company.

“It’s always an honour to be recognized as an ‘A+ Superior’ insurance company, but having done so for a quarter of a century really makes this announcement from A.M. Best Company something special,” said Darwin Copeman, president and chief executive officer (CEO) of Jewelers Mutual.

“We continue to prove our position as the jewellery industry’s leading insurer and plan to live up to that reputation in everything we do, whether through paying claims, investing in the jewellery industry as a whole, or protecting the thousands of members of the industry through our robust loss prevention programs.”

The rating refers to a company’s financial strength and security. According to Jewelers Mutual, its consistent underwriting profits, positive cash flow from operations, and diversified investments have contributed to earning the rating.

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