Jewelers Mutual Group announced that Chief Executive Officer Scott Murphy will retire at the end of 2026, following twelve years of leadership that fundamentally reshaped the company and its place in the industry.
Mike Alexander, currently serving as President, will succeed Murphy as President and CEO effective January 1, 2027. Murphy will continue to serve as a member of Jewelers Mutual’s board of directors.
Murphy joined Jewelers Mutual as CEO in January 2015 to lead a company with more than a century of heritage and a clear opportunity to lead it into a new era. Murphy’s accomplishments include expanding the company’s scope from specialty insurer to a diversified platform of insurance and non-insurance businesses built on technology, data analytics, and business-enabling solutions, serving more than two million customers across the United States and Canada.
Last year, the company expanded into Australia with the acquisition of Jewellers Loop.
Alexander joined Jewelers Mutual in 2015 and for the past eleven years has contributed to a company evolution that is still accelerating. With a deep understanding of the company’s strategy, culture, operations, and competitive position, he was promoted to President in 2025, putting him at the center of executing the company’s next phase.
As President, Alexander worked closely with Murphy to translate the company’s long-term strategy into day-to-day execution, partnering with teams across the organization to bring innovations like the JM® Care Plan to market and to guide the successful integration of Jewellers Loop after its acquisition.
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