Jewelers Mutual has made its first move into international markets by acquiring Australia-based Jewellers Loop, the agency behind Q Report and JewelCover. This acquisition marks a significant step for the company, allowing it to offer personal jewelry insurance globally.
Founded in 2004, Jewellers Loop is recognized for its comprehensive coverage through two jewelry insurance products underwritten by Chubb Insurance Australia. With this deal, Jewelers Mutual aims to broaden its international reach and strengthen its presence in the jewelry industry.
The two companies plan to combine their expertise in insurance, technology, and data analytics to enhance personal lines coverage and improve the customer experience.
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