Specialist insurer Jewelers Mutual acquires leading Canadian firm
Specialist insurer and business solutions provider Jewelers Mutual Group announced it has acquired CJB Insurance Services (CJB), Canada’s leading specialty jewelers block brokerage.
Active in the jewelry industry since 1913, this acquisition by Jewelers Mutual reinforces the company’s position in Canada.
Having specialized in insuring the jewelry industry in Canada for over 25 years, CJB’s customers will now have access to a broader range of products, services, and technology solutions.
“This strategic acquisition empowers us to leverage our combined expertise to expand our presence and commitment in Canada,” Jewelers Mutual Group’s president, Mike Alexander, said. “Together with the CJB team, we are well positioned to bring even greater value to the customers and jewelers we serve.”
Meanwhile, CJB Insurance’s Meredith Thomas said of the acquisition: “We are proud of what CJB has built over the past 25 years, and we are excited about the opportunities this new chapter creates for our customers.
“Joining Jewelers Mutual Group allows us to offer our customers more while preserving the trusted service and relationships they value,” she continued.
Jewelers Mutual recently announced that it will be a sponsor of this year’s US Watch Awards on November 23 at Guastavino’s in Manhattan.
