Insurance
Insurance is a critical consideration for the UK jewellery trade, covering everything from stock and premises protection to customer policies for high-value purchases. For retailers, manufacturers, and wholesalers, navigating insurance options and understanding risk management is essential to safeguard business operations and maintain consumer trust.
Jewellery Focus delivers comprehensive coverage on insurance matters affecting the industry, including regulatory updates, market trends in jewellery-specific policies, and insights from providers serving the trade. We also report on best practices and innovations helping businesses mitigate risk in a rapidly evolving market.
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Jun- 2015 -1 JuneCurrent Affairs
‘Tax freedom day’ falls on 31st May
This yearโs Tax Freedom Day, the day when Britons stop working to pay their taxes and start earning for themselves, falls on 31st May, according to Adam Smith Institute calculations. The Institute estimates that Britons will work 150 days this year solely to pay their taxes. This is one day…
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1 JuneEvents
TH March to feature in BBC documentary
Jewellery insurance brokers TH March has announced it will appear on a BBC TV documentary about insurance claims.ย The documentary series, Claimed and Shamed, is now in its fifth series and looks at the โever-growing problemโ of insurance fraud, often featuring โoutlandishโ claimants as theyโre caught on camera. TH March…
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May- 2015 -21 MayCrime
TH March: Jewellery recovery will not delay payouts
Jewellery trade insurance broker TH March has broken itsย silence over the Hatton Garden robbery in a bid to reassure customers who were victims of the recent heist. The firm says it “welcomes” the news that significant progress has been made by police and says it “will not delay customersโ claims…
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20 MayCrime
Diamond Bourse’s Harry Levy releases statement on heist
The president of the London Diamond Bourse, Harry Levy, has expressed his “delight” after Scotland Yard managed to recover high value articles connected with the Hatton Garden jewellery heist. He said: “We were all delighted with the wonderful news the Police released regarding the arrests and recovery of a substantial…
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Apr- 2015 -9 AprilCurrent Affairs
NAG and BJA respond to Hatton Garden raid
Michael Rawlinson, chief executive officer of the National Association of Goldsmiths (NAG) has released a response following the recent raid in Hatton Garden.ย The response, which was released on behalf of NAG and the British Jewellers Association (BJA), follows the recent robbery in Hatton Garden where raiders took, according to…
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Mar- 2015 -30 MarchRetailers
Fraser Hart opens new store in Worcester
Jewellery chain Fraser Hart has announced the opening of a new store in the centre of Worcester.ย The store, which opened on Saturday, March 28, has been designed to create a โlight, spacious and welcoming shopping atmosphereโ in-keeping with the jewellerโs existing interior design theme. The store, which is fitted…
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19 MarchCurrent Affairs
BUDGET: BRC welcomes Osborne rates review, NI abolition for under-21s
The Chancellor has used his last budget of this Parliament to reconfirm his commitment to carry out the most โfar-reachingโ and โradicalโ review into the business rates system in a generation. The government first revealed that it would carry out a “comprehensive review” of the current outdated system during last…
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Dec- 2014 -17 DecemberWatch Focus
New database helps jewellers identify stolen watches
A new initiative to help jewellers, pawnbrokers and police to identify and trace stolen watches is being launched in January by intelligence sharing organisation, SaferGems.ย Acting as a central database of watchesโ serial numbers, the SaferGems Watch Register will enable jewellers and pawnbrokers to check the provenance of second-hand items…
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Nov- 2014 -11 NovemberVoice On The Highstreet
VOHS: Dervla Cogan, Brilliant Inc, London
Dervla Cogan of Brilliant Inc describes running a jewellery shop with her sister Emma, and how the market for fine jewellery that doesn’t break the bank is a winner in the West London scene. Tell us a bit about the company My sister Emma and I opened our Chelsea boutique…
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Oct- 2014 -23 OctoberOpinion
ADVICE: 5 things to consider before starting an eCommerce store
In the wake of news that click-and-collect is set to take the British High Street by storm this Christmas, if you’re thinking about starting an eCommerce shop, here are 5 Top Tips for starting a successful online offering. 1) Images and descriptions Shopping for jewellery is a tactile experience, which…
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