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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Sep- 2018 -4 SeptemberFeatures
How to mitigate insurance premium tax rises
The next hike in business insurance premiums is not a reaction to increasing thefts or smashed display cabinets, but instead many consider it to be a snatch by the government as it raises Insurance Premium Tax (IPT) once again. With the snap election announced for June 8, some in the…
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Jul- 2018 -31 JulyFeatures
Why you shouldn’t neglect your jewellery website
Too many jewellers think of their website as a necessary evil. “We cannot compete with those large jewellery websites like Amazon so why make the investment”, is what I hear from most jewellers. They they are correct on one hand. They will sell a fraction of what Amazon and others…
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Apr- 2018 -18 AprilManufacturers
Everledger launches new Diamond Risk Platform with the DDL
Global insurers Everledger has announced the collaborative launch of the Diamond Risk Platform with the Diamond Durability Laboratory (DDL), which looks to ‘shift the risk assessment reporting of diamond damage into an innovative realm’. An industry-first, with development commencing in 2016 and completed in Q1 2018, the Diamond Risk Platform…
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9 AprilRetailers
Obituary: Michael John Marsh (Mike) of P.A Jewellery
Michael John Marsh (Mike) of P.A Jewellery, passed away on 9th February, aged 70 years in St. Luke’s Hospice, surrounded by his family. Mike didn’t intend on a career as a jeweller and came to the industry by luck. In 1976 whilst working in insurance he visited a potential client…
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Mar- 2018 -21 MarchAdvice
Zip up your website
Too many jewellers think of their website as a necessary evil. “We cannot compete with those large jewellery websites like Amazon so why make the investment”, is what I hear from most jewellers. They they are correct on one hand. They will sell a fraction of what Amazon and others…
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1 MarchRetailers
Survey reveals average cost of an engagement ring
A recent survey conducted by Ripe Insurance has revealed the average money spent on an engagement ring. Some 1,500 people aged 18 and over from across the UK took part in the survey, which revealed that The traditional ‘three-month salary rule’ no longer stands, with the average person spending 1.7…
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Nov- 2017 -27 NovemberWatch Focus
Weird Ape completes first ever watch delivery by drone
Watch company Weird Ape has delivered the first watch by drone on 31 October in West Yorkshire. The watches were delivered 45 minutes after ordering and the customer was notified by text that they had a drone delivery coming. They then laid out a pre-printed landing marker in a safe…
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7 NovemberEvents
TH March are ‘turning it purple’ for pancreatic cancer awareness month
Staff at chartered insurance brokers TH March have joined Pancreatic Cancer Action charity’s ‘Turn it Purple’ campaign to raise funds and awareness for the cause. The team have been led by their work colleague Jean Keast who lost her brother Paul to the disease. November is the month when the…
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Aug- 2017 -18 AugustEconomy
Retail sales increase by 0.3%, says ONS
Retail sales increased by 0.3% in July 2017 compared with the previous month, according to the Office of National Statistics (ONS). This was due to strong sales in food stores at 1.5%; recovering from a fall of 1.1% in June 2017. The underlying pattern in the quantity bought, measured by…
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3 AugustEvents
TH March COO to take part in 650 mile Rolex Race
Andrew Alcock, chief operating officer at jewellery trade specialist insurance brokers TH March, will be setting sail later this week in the 2017 Rolex Fastnet Race as part of a six-man crew on the Grand Soleil 50, Class 2 yacht, ‘Emma Claire’. The 605-nautical mile race starts on Sunday 6…
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