Insurance
President and CEO
Jewelers Mutual Group | Neenah
Scott Murphy became president and chief executive officer of Neenah-based Jewelers Mutual Group in 2015. Jewelers Mutual provides business insurance and risk management solutions to U.S. and Canada’s jewelry retailers, wholesalers, manufacturers and appraisers, and personal jewelry insurance to nearly 1 million consumers. In addition to its Neenah headquarters, the company has offices in Dallas and Miami.
Jewelers Mutual reports more than $17 billion in bound jewelry coverage. In 2021, the company reported $614 million in assets. It ranked No. 59 this year on Deloitte’s Wisconsin 75 list of the 75 largest private companies in the state, based on sales revenue. It also ranked among Ward’s 50 top-performing property-casualty insurance companies this year.
Under Murphy’s leadership, the company transitioned to a mutual holding company in 2020. Also that year, the company acquired Wexler Insurance Agency, followed by its acquisition of fine jewelry e-commerce site Gem + Jewel in 2021. It also became the “official jewelry insurance” of the Milwaukee Bucks in 2021, its first-ever partnership with a professional sports franchise.
Previously, Murphy was an executive partner and principal in insurance industry consulting group Triad Analytic Solution. Earlier, he was chief operating officer at GMAC Insurance and held executive positions within the Great American family of insurance carriers, Infinity Insurance and Windsor Insurance Group.
Education: MBA, University of Tennessee