Jewelers Block insurance
Jewelers Block.
For a trade we know.
From precious-metal refiners to distinguished retail showrooms, we arrange coverage around the way your business actually works.
A place in the industry
From the refinery
to the retail floor.
Our clients span the jewelry trade: precious-metal refiners and smelters, diamond and gemstone dealers, custom jewelry manufacturers, online sellers, and independent storefronts. They include some of the world’s largest wholesalers and prestigious retailers.
Each has its own way of working. Goods may be held on memo, sent overseas, entrusted to a setter, or carried to a private appointment. We want to understand those movements before we recommend a policy.
Isaak grew up in Europe as the son of a jeweler. That early connection to the trade still shapes our approach: an appreciation of the materials, the craft, and the trust behind every transaction.
Experience & market relationships
The right terms start
with the right conversations.
In the jewelry market, access is earned over time. Carriers want to know the people behind a business, the way it operates, and the record it brings. Our longstanding relationships with specialist insurers and international markets help us have the detailed conversations that complex risks require.
We work directly with underwriters on policy design, limits, and bespoke wording. In some cases, that has meant developing unusual coverage arrangements together for exposures that a standard form did not address. We explain the terms plainly, including the conditions that come with them.
Coverage, carefully considered
The details deserve
their own conversation.
These are some of the areas we work through with jewelers. The aim is to put the right terms in place before a loss tests them.
On the premises & out of safe
We examine stock limits in the showroom, workshop, windows, safes, and vaults, including what may remain out of safe after hours. The amount shown on the front of a policy may differ from the limit that applies in a particular location or circumstance.
Mysterious disappearance & employee dishonesty
Unexplained missing stock and theft by an employee need specific attention. We look at how each is treated, whether an extension or separate crime coverage is needed, and what limits, evidence, and recordkeeping conditions apply.
Memo, consignment & entrusted goods
Your stock in someone else’s hands, and their stock in yours, both deserve a close review. We consider memo and consignment arrangements, goods with other dealers or craftspeople, and customers’ property held for repair or alteration.
Cutting, setting & handling
A damaged stone at the bench can be a substantial loss. We discuss accidental damage during cutting, setting, polishing, repair, and handling, and seek specific processing or workmanship terms where available for the work you undertake.
Travel, shows & wearing
Sales trips, exhibitions, private viewings, and goods worn for an event or presentation each create different exposures. We review who carries or wears the pieces, where they go, how they are stored, and the relevant limits and conditions.
Domestic & international shipping
We look closely at outbound and return shipments, approved carriers, destinations, values, packaging requirements, and the point at which cover begins and ends. Where suitable, transit can be arranged within a broader annual policy.
These coverages are not automatic. Availability, limits, deductibles, security requirements, and exclusions depend on the insurer and the wording agreed for your business.
A closer look at transit
A better way to
insure what you ship.
For a business sending valuable goods every day, buying separate insurance for each shipment can become a significant expense. Where the business and insurer permit it, we can arrange shipping cover within a comprehensive annual policy.
For some clients, this approach has saved tens of thousands—and in some cases hundreds of thousands—of dollars compared with insuring shipments individually. The right arrangement depends on shipment values, volume, destinations, and the terms available.
We go through the practical details with you: approved services, per-shipment limits, international movements, returns, and any declarations the insurer still requires. Annual cover should make the process clearer as well as more economical.
Questions worth asking
What does your
policy actually cover?
We regularly review jewelry and fine-art policies with gaps the owner did not know were there. A familiar insurer’s name or a large headline limit can leave important questions unanswered.
You should be able to explain how your policy would respond to the situations your business encounters. These are useful places to start.
Do the full policy limits apply to every type of loss?
Ask for the limits for mysterious disappearance, employee dishonesty, goods out of safe, and each off-premises exposure. Is there a lower sublimit or a separate deductible? A substantial overall limit does not answer those questions.
How much stock can remain out of safe?
Check both business hours and after-hours requirements, including windows, counters, workshops, and overnight storage. Do the insurer’s safe and alarm conditions match what actually happens at closing time?
What happens to goods on memo or with another jeweler?
Review goods you send out and goods you receive, including property with setters, repairers, photographers, or other dealers. How does cover respond to physical loss, and how does it treat dishonest acts or a failure to return goods? Payment default is a separate question.
Are the road, the hotel, and the show all covered?
Check the journey as well as the destination: who may carry stock, the locations and territories permitted, storage between appointments, and exhibition setup and breakdown. Ask specifically about unattended vehicles, hotel storage, and wearing goods.
Does shipping cover follow the whole journey?
Confirm the permitted courier and service, the limit for each parcel, international destinations, returns, and any packing or declaration requirements. When does coverage attach, and when does it end?
Would the policy pay the value you expect?
Look at the valuation basis, stock records, and how changing metal and gemstone prices are handled. Do current limits reflect peak stock, memo goods, and the inventory you actually hold? What evidence would be needed after a loss?
Claims advocacy
The wording matters.
So does who stays
by your side.
Across our Jewelers Block work, carefully negotiated wording and persistent claims advocacy have helped clients recover millions of dollars, including losses that would have fallen outside standard policy terms.
When a claim becomes difficult, we stay involved. We work through the facts, assemble supporting records, raise the relevant wording with the carrier, and keep pursuing the payment the policy provides. That includes helping clients with complex losses and claims that were initially denied.
We value our relationships with insurers because constructive, well-informed conversations can make a real difference when a client needs help. Every recovery still depends on the facts of the loss and the policy in place.
Support beyond placement
We keep looking
as your business changes.
Values & appraisals
When an appraisal or valuation is needed, we help you find appropriate specialists through our industry contacts and resources. We also help clarify the documentation your insurer expects.
Security & insurer requirements
We guide you through the policy’s requirements for safes, alarms, storage, and handling. If you are moving, changing security, or introducing a new way of working, we help raise the right questions with the carrier.
Inventory & annual reviews
At renewal—and as your stock or operations change—we reassess values and limits with you. The purpose is straightforward: avoid paying for cover you do not need, and address the shortfalls that could leave you underinsured.
Honest information, clear advice, and keeping our word are how we build lasting relationships. We want you to know what you have bought, what it covers, and who will answer when you call.
IF Insurance 