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Press Release: Jewelers Mutual Insurance Company Named to 2015 Ward’s 50
Jul 28, 2015 9:14 AM
By Jewelers Mutual Insurance Company
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Press Release: Jewelers Mutual Insurance Company has been named to the 2015 list of Ward's 50 top-performing insurance companies for the fifth consecutive year.
The Ward's 50® award recognizes outstanding financial results in the areas of safety, consistency and performance over a five-year period from 2010 to 2014. To develop its annual list of the top 50 performing insurance companies, Ward Group analyzes the financial performance of nearly 3,000 property-casualty insurance companies and 800 life-health insurance companies domiciled in the U.S. and identifies the top performers in each segment based on objective data and subjective quality measures. Each company has passed all safety and consistency screens and achieved superior performance over the five years analyzed.
"Ward's 50 is an incredible industry benchmark and it's a tremendous achievement for Jewelers Mutual to be named to this highly competitive list for five consecutive years," said Scott Murphy, the president and CEO of Jewelers Mutual.
The list of Ward's 50® top performing insurance companies was released last week by Ward Group, an Aon Hewitt company and the leading provider of operational and compensation benchmarking and best practices services for insurance companies. Aon Hewitt is the global talent, retirement and health solutions business of Aon plc.
This is the 25th consecutive year Ward Group has conducted the analysis. The Ward Group noted in its release that the Ward's 50 property-casualty group of insurance companies produced a 11 percent statutory return on average equity from 2010 to 2014 compared to 8 percent for the property-casualty industry overall.
ABOUT JEWELERS MUTUAL INSURANCE COMPANY
Jewelers Mutual Insurance Company, the only insurer dedicated solely to serving the jewelry industry in the U.S. and Canada, was founded in 1913 by a group of Wisconsin jewelers to meet their unique insurance needs. Today, Jewelers Mutual remains the trusted insurance advisor and loss prevention expert for nearly 10,000 jewelry business locations including retailers large and small, wholesalers, manufacturers, custom designers and appraisers. More than 300,000 consumers trust Jewelers Mutual to protect their personal jewelry. The company's strong financial position is reflected in its 28 consecutive ratings of "A+ Superior" from A.M. Best Company and more than $14 billion of jewelry coverage in force. To learn more, visit JewelersMutual.com.
ABOUT WARD GROUP
Ward Group® is the leading provider of benchmarking and best practices studies for insurance companies. The firm analyzes staff levels, compensation, business practices and expenses for all areas of insurance company operations to help companies measure results, optimize performance and improve profitability. To learn more, visit WardInc.com.
Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.
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Tags:
Jewelers Mutual Insurance, Jewelers Mutual Insurance Company , premium, Ward 50, Ward Group
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