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NEENAH, WI - Jewelers Mutual Insurance Company has filed a forward-looking plan to become a mutual holding company to modernize its corporate structure while retaining its long-term focus and dedication to its policyholders - and preserving its mutuality A mutual holding company allows a previous mutual insurer to transition into a stock insurance company, wholly-owned by the new mutual holding company, while maintaining critical policyholder rights The mutual holding company transition would not affect any of the company's current coverages, premium rates, loss prevention, or claims-handling processes.

Murphy noted the change would also allow Jewelers Mutual to extend membership rights, as defined by law, to policyholders of certain current and future subsidiaries of Jewelers Mutual who would not otherwise have these membership rights, all to promote and enhance the longstanding mutual company tradition of Jewelers Mutual The mutual holding company would be legally domiciled in Wisconsin, joining Jewelers Mutual Insurance Company and its other subsidiaries The board of directors and officers of the mutual holding company would be the same as the board of directors and officers of Jewelers Mutual Insurance Company prior to the change.

Jewelers Mutual policyholders can call 888-884-2424 and follow the voice instructions to ask questions or learn more about the Mutual Holding Company plan. . Source