Jewellers Block Insurance
Stock moves. Risk follows
Jewellers Block insurance can cover loss of or damage to jewellery stock for retailers, wholesalers, manufacturers, and collectors. It is used for risks linked to storing and handling precious stones and metals.
Our international broker network brings over 50 years of collective experience across jewellery businesses and exposures.
We arrange insurance programmes including cover for loss or damage to stock, burglary or robbery, grab and run, trick loss, substitution, and accidental damage.
Who we work with
Retail jewellers, wholesalers, makers.
Collectors with commercial exposure.
Jewellers Block Insurance is typically relevant for organisations that hold, handle or move jewellery stock as part of day-to-day trading.
Retail jewellers
Jewellery retailers with stock on premises and on display, including stores with higher display values, open access layouts, or frequent customer handling. This also applies where stock is moved between back-of-house storage and display areas, or where deliveries and collections happen regularly.
Wholesalers
Wholesalers who carry stock between locations, showrooms, clients and partners, including businesses where goods are regularly transported, temporarily stored offsite, or presented to buyers away from the main premises.
Manufacturers and workshops
Manufacturers and makers who hold precious metals and stones during production, with stock and work-in-progress moving between secure storage, benches, setters, polishers and external specialists.
Collectors with commercial exposure
Collectors whose activities create commercial-style exposures, for example where items are bought and sold, transported, presented for viewing, or held on behalf of others.
When it is especially relevant
This type of cover is often considered when your business involves one or more of the following:
- Stock is carried between premises, clients, exhibitions or trade shows
- Goods are sent or received on memo or temporary consignment
- High-value items are displayed in store or taken out for viewings
- The business is exposed to theft and robbery risks as well as accidental damage during handling
- You need cover that follows stock as it moves, rather than being limited to a single location
What we offer
From counter to courier. Clear protection for jewellery stock.
Programmes shaped to your exposures
Jewellers Block insurance can be arranged to reflect your stock, premises security, and how you trade. Depending on your operation, cover may include:
- Loss of or damage to stock (at premises, in storage, or in transit)
- Burglary and robbery
- Grab-and-run incidents from counters or showcases
- Trick theft and deception losses
- Substitution or switching of items
- Accidental damage during handling, setting, repair, packing, or display
- Guidance on common insurer requirements such as safes, alarms, CCTV, key control, and staff procedures
Travel
If you travel with jewellery stock, insurers often set conditions around who carries it, how it is transported, and where it can be left unattended. We can help you plan travel arrangements, documentation, and personal security measures so expectations are clear before you go.
Memo
Temporary consignments can change who is responsible for stock at different stages and can create uncertainty if items are lost, damaged, or returned late. We can help arrange cover that reflects how memo stock is recorded, transferred, and held, with clearer terms around custody and responsibility.
Display values
Insurers may apply limits to the value on display, and these can vary based on location, time of day, and security measures. We can review your premises controls and work with insurers to agree appropriate display limits, including increases where the risk profile supports it.
Need to review Jewellers Block cover?
We can help you compare options and confirm what’s needed.
FAQs
It is commonly structured as “all-risks” cover. The policy sets out exclusions, and if a risk is not listed under exclusions, it is typically intended to be covered.
Typical areas include inventory, travel, items on store display, theft and robbery, and items on memo.
Jewels, precious and semi-precious stones, gems, jewellery, watches and precious metals.
Cover is commonly based on stock at premises, trade shows and exhibitions.
Extended travel cover may require specific criteria. We can advise on travel cover considerations and personal security.
Temporary consignments can create different exposures and may lead to disputes. Cover should reflect how memo stock is handled.