Community News: Jewelers Mutual Named to 2022 Ward’s 50® List

Recognized as a top-performing insurance company for 12th consecutive year

Jewelers Mutual Insurance Company, SI (a stock insurer) has been named one of Ward’s 50® top-performing property-casualty insurance companies for the 12th year in a row. The award acknowledges outstanding financial results in the areas of safety, consistency, and performance over a five-year period from 2017-2021. Top performers on the list are measured by financial stability and ability to grow while maintaining strong capital positions and underwriting results

“Being part of Ward’s 50® is an accomplishment we hold in the highest regard, and we are honored to be recognized once again,” said Scott Murphy, Jewelers Mutual president and chief executive officer. “We continue to focus on being there for our customers when and how they need us, and we are making strides in technology advancements to further elevate our service excellence. Our consistent financial strength and performance allows us to innovate in new ways to meet our customers’ evolving needs.”

The list of Ward’s 50® top performing insurance companies was released on July 11 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 per segment. Each company has passed all safety and consistency screens and achieved superior performance over the five years analyzed.

A complete list of the 2022 Ward’s 50® companies for property-casualty is located at ward.aon.com/ward-benchmarking/wards50/property-casualty.

About Ward Benchmarking

Ward is the leading provider of benchmarking and best practices studies for the insurance industry. Their 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, they 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.