Honored for sixth consecutive year
(NEENAH, Wis.) – Jewelers Mutual Insurance Company has been named to the 2016 list of Ward’s 50® top performing insurance companies for the sixth consecutive year. The award recognizes outstanding financial results in the areas of safety, consistency, and performance over a five-year period from 2011-2015.
“Jewelers Mutual continually strives to operate with excellence across our business practices,” said Scott Murphy, president and CEO of Jewelers Mutual. “It is an honor to be recognized and to be included among this well-respected group.”
The list of Ward’s 50® top performing insurance companies was released by Ward Group, an Aon Hewitt company and a 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 nearly 3,000 property-casualty insurance companies and 800 life-health insurance companies domiciled in the United States 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. The Ward Group has conducted the analysis annually since 1991.
“Our knowledgeable team is dedicated to finding efficiencies to provide the best possible insurance experience for our policyholders,” added Murphy.
The Ward’s 50 property-casualty group of insurance companies produced a 10.5% statutory return on average equity from 2011 to 2015 compared to 8.1% for the property-casualty industry overall.
“In selecting the Ward’s 50, we identified companies that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results,” stated Jeff Rieder, Partner, Head of Ward Group.
To learn more, about Jewelers Mutual Insurance Company visit www.JewelersMutual.com.