Jewelers Mutual has acquired insurance company IFS Inforsure to allow it to expand its services and introduce new shipping solutions.
The California-based firm specializes in secure shipping for high-value items, including jewelry and watches. The deal represents an important step for Jewelers Mutual as it continues to broaden its services to meet changing customer needs, it said Tuesday.
“This strategic acquisition strengthens our collective ability to deliver unparalleled service and innovation to the industries we serve, ensuring both our companies thrive, grow and continue learning from each other’s successes,” said Jewelers Mutual president Mike Alexander.
Meanwhile, Jewelers Mutual will open a studio in SoHo that will serve as a jewelry education hub during NYC Jewelry Week, which takes place from November 18 to 21. The event will feature pieces from up-and-coming jewelers, live bench demonstrations and talks from industry experts. It aims to bring together industry professionals, jewelry makers, students and enthusiasts to explore jewelry craftsmanship, the future of the trade and proper care of jewelry pieces.
The studio will also host the Future Jewelers Academy Awards Night, presenting the Here We Are High School award Rio Grande is sponsoring. The honor recognizes emerging high-school talent in jewelry design and craftsmanship.
Image: A man inspecting jewelry with a loupe. (Shutterstock)
