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Press Release: The City of Neenah, Wisconsin and the state are honoring "Jewelers Mutual Insurance Company Day" on March 12, 2013, which is the date that marks the 100th anniversary of the company. Both Neenha's Mayor George D. Scherck and Governor Scott Walker have proclaimed this date to be observed in Neenah and in the state of Wisconsin. In 1913, the Wisconsin Insurance Department granted a group of Wisconsin retail jewelers a charter for their own insurance company, which was then named the Jewelers Mutual Limited Fire Company of Wisconsin. Later named Jewelers Mutual Insurance Company, the company today insures, informs, and supports approximately 10,000 jewelry businesses and protects 270,000 individuals' jewelry possessions across the United States and Canada. "It's an honor to celebrate a century of protecting jewelers and their unique businesses," said Darwin Copeman, CPCU, the president and CEO of Jewelers Mutual Insurance Company. "What we're most excited about is what is in store for Jewelers Mutual and its partners during the next 100 years." Jewelers Mutual has been committed to enhancing the health and vitality of the jewelry industry over the past century and remains dedicated to that mission today. In fact, Jewelers Mutual has invested $6.1 million into the jewelry industry over the past five years. The company has forged partnerships with key industry organizations in both the United States and in Canada, all of which endorse Jewelers Mutual's insurance products. Additionally, Jewelers Mutual serves as an expert advisor and trainer to help jewelry businesses avoid crime and other perils, and also cope with and recover from losses when they do happen. Attesting to the company's consistent financial strength and security is Jewelers Mutual's 26 consecutive ratings of A+ Superior from A.M. Best Company. This financial stability means that Jewelers Mutual is able to continue to provide outstanding services and pay claims to its policyholders for another 100 years. Although Jewelers Mutual originated as an insurance company for jewelers, it expanded its coverages in 1953 to the jewelry buying public with personal jewelry insurance. Today, Jewelers Mutual, through its Perfect Circle® Jewelry Insurance, provides jewelry protection to more than 270,000 individuals who carry over $4 billion in insurance coverage.
About Jewelers Mutual Insurance Company
Jewelers Mutual Insurance Company is the only company specializing exclusively in jewelry insurance in the United States and Canada. The company's strong financial position is reflected in its 26 consecutive ratings of "A+ Superior" from A.M. Best Company. Jewelers Mutual was founded in 1913 in Neenah, Wisconsin, by jewelers seeking to meet their unique insurance needs. Today, Jewelers Mutual is the leading insurer of retail jewelers in North America and also insures wholesalers, manufacturers, custom designers, repair businesses, bench jewelers, and appraisers. Approximately 10,000 commercial policyholders insure their jewelry businesses with Jewelers Mutual. Additionally, more than 270,000 individuals trust Jewelers Mutual and its Perfect Circle Jewelry Insurance to protect their jewelry possessions. These individuals collectively carry in excess of $4 billion in personal insurance coverage. Visit the Jewelers Mutual website at www.JewelersMutual.com to learn more.
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