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Jewelers unBLOCKed™ Cites Early Success with Premier Jewelers Block Policy

Posted on 06 Apr 2011

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Jewelers unBLOCKed™, a new jewelers block insurance program, is off to a fast start in offering the jewelry industry a program that addresses unique exposures including retailers, custom designers, wholesalers, remount events, manufacturers and refiners.

Patricia K. Low, president and CEO of Jewelers unBLOCKed™, said “We are very pleased with the keen market response to the comprehensive coverage written through the industry’s marquee insurance carrier.  The early success demonstrates the superior value.  Recent writings include a retailer in California, an Indiana manufacturer, a Washington wholesaler, and an assay operation in Florida.”

CED 1976, LLC, is the exclusive provider of underwriting and policy servicing for a new jewelers block insurance program from a carrier which receives consistently high ratings for financial strength from A.M. Best, Moody’s and Standard & Poor’s, the leading independent analysts for the insurance industry.  The program is being offered nationally to qualified retail agents, brokers and wholesalers.  The offering is branded and marketed under the Jewelers unBLOCKed™ name.

Richard Sobel, ARM, Senior Vice President, Cook, Hall & Hyde in New Jersey offers this opinion: “One of our corporate goals is to provide our clients with superior solutions to protect their business's Balance Sheet.  Jewelers unBLOCKed™ assists us in this endeavor using their product, which is of a quality and breadth not previously available.  We have found their staff to be expert in their understanding, evaluation and pricing of risk transfer utilizing the best policy available in the market place today.”

Kevin Purvis, Agent at Advanced Insurance Underwriters, LLC in Hollywood, FL commented recently about Jewelers unBLOCKed™.  “We are winning premier jewelers block accounts with this product.  Jewelers unBLOCKed™ provides us superior customized solutions and service not commonly found with wholesalers.  They offer me competitive pricing, timely response and professional counsel.  Jewelers unBLOCKed™ cares about my success and will work with me to ensure my client has the coverage they need.”